BC New Home Guide - Aug 22, 2014

August 22 - September 5, 2014 Volume 22 Issue 17

INSIDE THIS ISSUE

TOUR THE PNE PRIZE HOME WITH JILLIAN HARRIS

YOUR NEW CAR: SHOULD YOU BUY OR LEASE?

10 MINUTES WITH… MARKETER TROY STEINE

1

YORK

2

FREMONT BLUE

3

CAMBRIA

2 + 3 BED, SOME WITH DEN SHINGLE-STYLE ROWHOMES

2, 2 + DEN, 4 BED SALTBOX ROWHOMES

1, 2 + 4 BED WESTSIDE APARTMENTS

Willoughby, Langley 604.882.6758

Fremont, Port Coquitlam 604.552.0319

Cambie + 41st, Vancouver 604.325.2216

Metro Vancouver's Most Trusted Builder BUILDING SINGLE FAMILY HOMES FOR OVER 60 YEARS

COMING SOON: FROM THE LOW $900’S (incl. net GST) OPEN DAILY Noon to 5pm 16145-28A Avenue, Surrey 604-560-1053 | morgan@qualico.com MOVE IN READY HOMES AVAILABLE

240 Street & 112 Avenue Maple Ridge

156 Street & 28 Avenue South Surrey PLATINUM COLLECTION FROM THE LOW $900’S (incl. net GST) 4 Bedroom 'Huntington' Show Home OPEN DAILY Noon to 5pm 3498 Princeton Avenue, Coquitlam 778-285-6299 | burke@qualico.com

180 Street & 68 Avenue Cloverdale

Register for updates at foxridgehomes.ca/metrovancouver

4 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Single family homes & townhomes From $289,900 (Incl. GST) NOW SELLING PHASE 3 MyLunaHome.com 778.895.5862 30748 Cardinal Ave, Abbotsford

(Incl. GST)

Brand new 3-bed townhomes From $309,900 + GST Own for as low as $1192/mo OAC & 5% down NOW SELING PHASE 3 YorkLiving.ca 604.534.9495 7298 199A St, Langley

Divine Duplexes -- Like Homes From $679,900 $649,900 (Incl. GST)

This is not an offering for sale. Any such offering must be made with a disclosure statement.

Prices are subject to change. E.&O.E. **OAC. Conditions apply.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 5

Handcrafted 3 & 4 Bedroom Homes IT’S YOUR TIME This collection of 80 townhomes features smart design, stylish spaces and sophisticated details in the emerging community of Willoughby.

COMING SOON Register Now KeatonTownhomes.com

604.882.3733

Developed by

Marketing + Sales by

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 7

8 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

contents

Aug 22 - Sept 5, 2014 || volume 22 iSSue 17

oN thE covEr

p. 16

special features 12 Editor’s Note

August 22 - September 5, 2014 Volume 22 Issue 17

thE hamptoNs higher luxury in south surrey

by Susan M. Boyce

INSIDE THIS ISSUE

TOUR THE PNE PRIZE HOME WITH JILLIAN HARRIS

YOUR NEW CAR: SHOULD YOU BUY OR LEASE?

10 MINUTES WITH… MARKETER TROY STEINE

vice-president, wall2wall media

Jacqueline Hill

editor-in-chief / director of content

Susan Legge

director of sales, national

Josh Heppner

senior sales manager, western canada

Edwin Rizarri art director

Tammy Leung editors

Stephanie MacDonald Diane Duf lot (on leave) contributing editors

Lydia McNutt Neil Mangan Wayne Karl design editor

Yanic Simard media consultants

52

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103 sales coordinators

Justin Salvador

homebuyers’ help

columns 20 10 minutes With...

Troy Steine from Ideal Project Marketing

60 on the horizon

Checking out what’s hot and new in the Lower Mainland’s residential marketplace and beyond

by Susan M. Boyce

36 Insider outlook

Get to know your builder

by Hugh Heron

by Susan M Boyce

64 Listing Directory

Complete listings of more than 250 new-home developments throughout Vancouver and the Lower Mainland

38 mortgage advice

Is the lowest rate always the best option?

by Alyssa Richard

42 Inside mortgages Pay your mortgage off faster and owe less

by Kris Grasty

48 mind over mortgage

The new car dilemma: does buying or leasing make more sense financially?

by Jorge and Alisa Aragon

52 Designer advice

Designer Jillian Harris explains the country charm of the 2014 PNE Prize Home

by Janine Mackie

58 tips & tricks

CMHC’s advice on how to buy appliances for an accessible home

district maps 14 28 40 44 50

South Surrey/ White Rock Surrey/ Langley Richmond Maple Ridge/ Pitt Meadows Burnaby

production manager

Bala Gnanapandithan graphic designers

Mihail Terentiev production co-ordinator

Hannah Yarkony

contributing editorial writers

Susan M Boyce Janine Mackie

Published By

The Vancouver New Home Guide is a free publication published 25 times per year. Submit articles or advertising to Suite 102 - 4180 Lougheed Highway, Burnaby BC V5C 6A7 PHoNE 604.519.6080 Fax 604.519.6088

newhomeguide.ca

CoPYRiGHT 2014 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.

//EDITOR’S NOTE

Low interest rates still in your favour

SUSAN LEGGE

EDITOR-IN-CHIEF Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

The Bank of Canada’s recent announcement to hold its interest rate target at one per cent does not come as a surprise. The rate has been holding at that level since September 2010, which is good news if you’re in the market for a mortgage.

There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get

financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place.

So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant movement this year.

However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage.

It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier.

Start the spring season off right by taking advantage while you still can.

Summer’s ending... So what?

Great things happening now and coming up soon

STEPHANIE MACDONALD EDITOR Wall2Wall Media

Stephanie.Macdonald@wall2wallmedia.com Follow me on Twitter at Twitter.com/stephmacW2W

12 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

The end of summer is bittersweet — wait, what am I saying? The end of summer is great! Kids finally go back to school (or hopefully they will at some point in the near future around here), you get to pull out your normal clothes and wear cute cardis and sports jackets without broiling yourself to death, you can start consuming red wine again and generally get back to your normal routine.

But before summer actually comes to a close, there are a lot of great things to do in this wonderful area of ours, things that can make you feel grateful to live here, no matter what time of year it is. Some activities to enjoy before

the end of August: The PNE of course, The Richmond Night Market, all the wonderful outdoor pools in Vancouver, Theatre Under the Stars in Stanley Park and a Canadians baseball game at Nat Bailey Stadium to name just a few.

Coming up we can look forward to The Ghost Train (a personal favourite), autumn produce at local farmer’s markets, lots of exciting grand openings by developers near you, and of course skiing. Who could forget that?

If you’re looking for a home in Metro Vancouver, take this time to appreciate what you’re really buying a part of — the most fun and beautiful place in the world to live.

Dear Mortgage, I’m taking time off to cook up a new career.

Take time off from your mortgage payment.

A flexible mortgage from TD allows you to concentrate on something you’ve always wanted to do. Just add a little extra to your regular payments and then have the option to take a payment vacation for up to four months1.

It’s just one of TD’s flexible mortgage features.

Visit a branch or tdcanadatrust.com/paymentvacation

1

Conditions apply. See us for details. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

Serpentine Fen Nature Reserve

SOUTH SURREY / WHITE ROCK 40th Ave

d nt R sce e r C

99a

99

32nd Ave

24th Ave

152nd St

140th St

148th St

Y

16th Ave

W

128th St

24th Ave

13

10

H GE OR GE

16th Ave

26th Ave

4

G KIN

South Surrey Athletic Park

20th Ave

8

2

Ma rine Dr

16th Ave

184th St

24th Ave

9

5

168th St

Sunnyside Acres Urban Forest Park

7

160th St

Crescent Park

6

164th St

12

11

176TH ST

Crescent Beach / Blackie Spit

15 3

10th Ave 8th Ave

8th Av 1

SOUTH SURREY / WHITE ROCK 1.

CANADA Dawson + Sawyer 4. The Hamptons STATES OF AMERICA OnUNITED The Course 16437 23 Ave. 253 171 Street 604-385-0111

2.

Royce 14855 Thrift Ave 604-538-8028

3.

Southbrooke 10th Ave. & 165th St. 604-805-2941

8.

16145 28A Ave. 604-560-1053

604-723-4497

5.

Jacobsen 2687 158 St. 604-538-5591

6.

7.

Blu

15988 32 Ave. 604-782-5258

Belcroft 15977 26 Ave. 604-568-8830

Morgan Heights

9.

The Heights 2845 156th St. 778-545-8737

10. Breeze #5 16223 - 23rd Ave. 604-582-1113

11. The Woods 32nd Ave. & 156A St. 604-538-8876

12. South Point Walk 29A Ave & 152 St 604-560-3238

13. Hycroft Rowhouse 16467 - 24th Ave. 604-541-2495

//cover story

The Hamptons HigHer Luxury » by SuSan M Boyce Family-oriented, distinctly outgoing and friendly, the first phase of duplex homes at The Hamptons in south surrey is getting ready to celebrate its grand opening in early september. And the news is already turning heads among a diverse range of savvy homebuyers.

“Elevate is the crowning jewel of The Hamptons community,” says Rav Brar, marketing director with Legendary Developments. “People have told us they love the concept of a duplex — the extra windows, the open-concept floorplans, the privacy of their outdoor spaces — but they’ve been waiting for the opportunity to walk through an actual home. Now they’ll be able to see, touch, and experience everything that makes The Hamptons different.”

16 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Diverse Community Rav believes it’s The Hamptons’ community ambiance that’s the most significant reason Essence, the first phase of townhomes at The Hamptons, is already 75 per cent presold. “We have a lot of happy families who’ve bought here — and that’s without the benefit of a walk-through display home,” he says. “We’re already seeing an even stronger response for the duplexes.”

Particularly appealing to many young professionals with growing families and to downsizers who aren’t willing to sacrifice space is knowing Elevate homes are freehold — no dealing with a strata council. “It’s another bonus people appreciate,” Rav says. “One couple were so impressed they purchased two — one for themselves, and one to rent out.”

always think a pool would be ideal. In reality though, pools are expensive and often don’t get used much. Basketball, on the other hand, is an incredibly social sport as well as being great for getting kids — and their parents — active and involved with their neighbours. I’ve seen many lifelong friendships that started with a spontaneous game of 21 or shooting hoops together.”

“Elevate is the crowning jewel of The Hamptons community”- says Rav Brar BuilDing Better Homes “We listen to our past buyers to find out what they love about their home and what we can do better in the next ones,” Rav stresses. “Those ideas and dreams are then incorporated, fine tuned, and become new standards. For example, buyers told us they wanted a more functional, maintenance-free backyard. So, since Elevate is directly adjacent to the lush greenery of a future City-owned park, we gave each home a huge, open patio made of 2x2 pavers and surrounded them with cedars and boxwoods. It’s a great place for summer entertaining and barbequing, plus it’s maintenance free and private.”

And it’s not just the homes themselves — for the Legendary Developments team, enhancing family life is a mandate they’re proud to live by. “Over the years, many parents complained that their children are always inside playing video games on the sofa, so it’s become a much more sedentary life than when they were growing up. Again, our team put their heads together and asked what we could do to get today’s kids active and outside.”

The answer was astonishing in its simplicity. “We sacrificed the space for two units, and built a half basketball court,” Rav explains unable to hide a smile of delight. “People

WHat you see is WHat you get “We believe that when you walk into a Legendary home, what you see should be exactly what you get,” Rav says. “So all the high quality finishings and details are included — engineered hardwood flooring in main living areas, intelligently planned gourmet kitchens, and built-in entertainment centres in the living room.

Our duplex homes also have the convenience of built-in gas barbeque outlets on the patio. It’s all about making life easy and family friendly.” elevate at The Hamptons offers a total of just 40 duplex-style rowhomes located at 23rd avenue and 165th street in sunny south surrey and priced from $649,800. essence townhomes prices start below $400,000 with some homes available for occupancy this september. The Hamptons’ discovery centre is open noon to 5 p.m. daily. For more information about The Hamptons, visit legendaryliving.ca or call 604.723.4497.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 17

SOUTH SURREY/WHITE ROCK

IF YOU COMe OUt tO the WOOds tOdaY, YOU’Re In FOR a BIG sURPRIse. 3 Bedroom homes in south surrey with studio space and Rooftop Patios starting from the low $400’s

OveR 50 hOMes sOLd

32nd ave & 156th st 604.538.8876 GRaMeRCY.Ca/theWOOds 18 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

//Q&A

Moving up to home ownership Q&A with troy Steine » by SuSan M Boyce

Spacious backyards at Niche (South Surrey)

After more than 25 years in project marketing and sales, when it comes to real estate, Troy Steine has seen the ups, the downs, and everything in between.

He’s a firm believer in the value of owning the home you live in, doing your research, and being realistic about your expectations.

In this issue of New Home Guide, he shares some insights about making the transition from renting to owning and why, in today’s competitive market, due diligence and common sense are more important than ever.

Q: Owning a home is traditionally a goal for most people, and for many young professionals or couples just starting a family, townhomes can be the perfect first step up from renting a condo or basement suite. What are some of the biggest challenges you see this demographic struggling with?

A: Today’s market can definitely be confusing for buyers — especially first time buyers. The amount of choice is, in a word, overwhelming. Stand on a corner in neighbourhoods like Willoughby or South Surrey, and you’ll probably see 10 or 15 signs for developments ranging from condos to townhouses to single-family homes.

20 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Niche Kitchen

People are rightfully nervous about whether they’re making the right decision and whether they can trust what the sales team tells them. So it’s never been more crucial to take your time, focus on the features that matter most to you, and be proactive about asking the tough questions before you make what is likely the biggest investment of your life.

Q: What are some of those ‘tough questions’?

A: I’m always astonished how many people don’t think they have the right to inquire about a builder’s history and reputation. It’s so easy to get caught up in all the creative sales incentives — incentives like $20,000 off the price, no strata fees for a year, even a new car — that people lose sight of the fact they’re buying a home they’re actually going to live in. Ask the sales staff what other projects the developer has done — if they can’t answer, that’s a potential red flag.

Disclosure statements may look intimidating, but they spell out things that will impact your future — proposed maintenance fees, bylaws, and common amenities. So if you don’t know how to read one, ask the sales staff to explain it and don’t stop asking questions until you understand exactly what that disclosure statement says. Sales staff should also be able to explain exactly what happens during the buying process and what you can expect after you take possession if any problems occur — once again, it’s all about being proactive with your investment.

Another common mistake is still not truly getting clarity on what you can afford. It can be heartbreaking to find the perfect townhome for

Blackberry Walk (Panorama in Surrey)

$450,000 when your lifestyle is more suited to a home priced at $375,000.

And don’t forget to budget for property taxes — they’re an inevitable part of owning a home.

Q: What’s your advice for finding the perfect home?

A: Before you even start visiting presentation centres, write out a checklist of all the features that matter to you. This is about your lifestyle — not your friends’ or family’s. Is a large backyard important to you? What about dual sinks in the ensuite? A main-floor powder room? A walk-in pantry? Carry that checklist with you every time you look at a project — it will help you stay focused on whether the home you’re thinking about buying will serve your needs, and your family’s needs, for the long term.

I also highly recommend that once you’ve identified the neighbourhood you want to live in, visit every development in that neighbourhood — even if that means looking at a dozen presentation centres. Take your checklist, ask the questions, then really analyze the responses to see which ones fit your lifestyle. Once you’ve narrowed the selection down to two or three, making an informed choice becomes much easier.

Q: We all know the adage: location, location, location. What are some of the top considerations when young people take that first step from a rental condo to a townhouse they own?

Welcoming ambiance at Marquee (Langley City Centre)

“I think owning your home gives a sense of stability and pride that’s tough to beat, and that real estate will always be one of the best ways to build your net worth.”

Troy STeine

is president of Ideal Project Marketing in Richmond.

A: The top two are almost always the same: proximity to transportation and proximity to quality schools.

The number one question we hear when people move from the city to a more suburban area is how close will their new home be to transit? If it’s going to be difficult getting to work, that’s setting yourself up for unnecessary frustration or the extra expense of a second vehicle.

For growing families, schools are usually top of the list. I love it when a buyer comes in and tell us they picked the neighbourhood because it’s in the catchment area for a certain school. It shows they’ve done their “homework.”

Q: Any final comments of the value of owning your home?

A: I think owning your home gives a sense of stability and pride that’s tough to beat. Sure we’re constantly hearing about how expensive the Lower Mainland is, but the truth is that it’s still acknowledged as one of the most desirable places in the world to live. And real estate will always be one of the best ways to build your net worth in this sought after location.

Marquee Master Suite

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 21

SOUTH SURREY/WHITE ROCK

Prestigious South Surrey From $469,900*

Style That’s Far From Ordinary Intuitively designed. Naturally bright. The homes at Jacobsen offer modern sophistication in an exceptional location.

Designed to maximize living space, these spacious 1,700 - 2,200 sq.ft. 3 & 4 bedroom homes offer side by side car garages and plenty of room to entertain. Centrally located in the Grandview Heights neighbourhood of South Surrey.

604.538.5591 | jacobsenliving.com Display Home and Two Model Homes Open Daily Noon - 5pm (except Fridays) 2687 158th Street, South Surrey *Prices quoted exclude taxes and are subject to change without notice. E.&O.E. Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca

22 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

SOUTH SURREY/WHITE ROCK

GRAND OPENING SEPT. 6TH, 12-5PM

MOVE IN FALL 2014!

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 23

SOUTH SURREY/WHITE ROCK

SPACE AND FREEDOM – HYCROFT’S ROWHOMES OFFER THE BEST OF BOTH.

COMING SOON

There is a unique sense of place that exists at Hycroft. The Ar ts and Crafts style architecture adds a welcoming ambiance and enhances the sense of separate homes. Spacious interiors f low seamlessly into private patios and gardens. Quality is woven into ever y detail. Hycroft is def initely a place you will be proud to call home.

• • • • •

Beautifully crafted 4 bedroom rowhomes Freehold ownership – no strata fees Located in the desirable Grandview Heights neighbourhood Over 130 shops and services 5 minutes away Close to parks, beaches, nature trails, & golf courses

164 ST

G

GH

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HI

KI

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99

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20 AVE

VD BL

604 541 2495 hycroftrowhomes.com

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16467 24 Avenue Surrey BC V3S 0C4

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RESERVE YOUR HOME TODAY!

24 AVE

Any prices exclude taxes. StreetSide Developments reserves the right to make modifi cations and changes to the building designs, specifi cations and features should they become necessary. Floor plans, elevations, room sizes and square footages are based on preliminary architectural drawings and may vary from the actual built home. E.&O.E.

24 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

SOUTH SURREY/WHITE ROCK

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 25

SEARCH MATCH POST

Vancouver, BC

DOWNLOAD NOW AND FIND YOUR NEXT HOME

RentersGuide.ca

SOUTH SURREY/WHITE ROCK

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 27

116th Ave

SURREY / LANGLEY

d rR no ve os r G

112nd Ave

104th Ave

SF ras er

104th Ave

Green Timbers Urban Forest Park

96th Ave

A11

Tynehead Regional Park

Golden Ears Bridge

96th Ave

96 th Av e

216th St

FR AS A2 ER HW Y

Gl ov er Rd

Wa y

12 0th

St

108th Ave

88th Ave

88th Ave Bear Creek Park

B5

A9

A17 1a

64th Ave

58TH AVE

A19

A2. Dawson + Sawyer Fleetwood Mac 15152 91st Ave 604-498-3811

A3. Ashbury Hill

14833 - 61st Ave. 604-953-1211

A4. Panorama Station 5957 152nd 604-372-2275

A5. Clayton Heights 7310 - 191B Street 604-723-4497

A6. Madison

14356 63A Ave. 604-543-6262

Serpentine Fen Nature Reserve

B1

B3

Gra de Rd

A7. Brixton

A13. Eton

14433 60 Ave 604-503-0488

14888 - 62nd Ave. 604-953-0833

99 Clayton A8. Uptown Village

A14. Highlands at Sullivan Ridge

19525 73rd Ave. 778-574-0146

6085 - 146 St. 778-565-7768

A9. The Rockwoods

A15. One 92

16241 - 84th Ave 604-503-1188

6685 192nd St. 604-576-1772

A16. Panorama Woods

A10. Fusion

6123 138th Street 778-593-9954

13886 62Ave 778-578-9779

A18. Salix

6477 196th Street 604-530-0054

A19. The Grove 68th Ave. & 194 St. 604-533-6968

A20. Blackberry Walk 14271 60th Ave. 604-501-6119

A21. One 44 5888 144 Street 604-503-6402

A17. Silverwood

A11. Highcrest at Fraser Heights 9989 Barnston Dr. E 604-584-7273

84th Ave. & 164th St. 604-953-0288

A12. Sun 72

195th & 72nd Ave. 604-575-8806

NOW VIEWING BY APPOINTMENT

14271 - 60TH AVENUE, SURREY

28 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

240th St

216th St

56TH AVE

56TH AVE

GEORGE B LVD

18681 68th Ave 604-372-0400

208th St

LANGLEY BYPAS S

60th Ave

G

10

A1. Dawson + Sawyer Creekside

10

A18

64th Ave

A13 A3 A6 A20 A10 A2161A A7 A16 A4 A14 KI N

SURREY

A15

B2

RD

99a

Watershed Park

72nd Ave

176TH ST

A1

A8 A12

G LO VE R

72nd Ave

200th St

192nd St

188th St

168th St

160th St

152nd St

144th St

A5

232rd St

B4

80th Ave

128th St

112th St

120th St

80th Ave

FRA SER HW Y

48th Ave

LANGLEY B1.

Winchester Estates 40th Ave 21867 50th Ave 604-533-1886

B2. Exchange

7822 209th St. 604-535-8587

B3. Marquee

19752 55A Ave. 604-427-3550

B4. York

84th Ave & 207A St 604-533-1415

B5. Keaton

7686 209 Street 604-882-3733

SURREY/LANGLEY

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 29

SURREY/LANGLEY

August 22 - September 5, 2014 Volume 22 Issue 17

Aug 22 - Sept 5, 2014 Volume 04 Issue 17

The E Evolution of Lynn Valley 75 A L P I N E I N S P I R E D H O M E S

marcon.ca/millhouse marcon.ca/mill / /mill hous

INSIDE THIS ISSUE

TOUR THE PNE PRIZE HOME WITH JILLIAN HARRIS

YOUR NEW CAR: SHOULD YOU BUY OR LEASE?

10 MINUTES WITH… MARKETER TROY STEINE

INSIDE INSIDE THIS ISSUE ISSUE THIS

A Natural Selection

NEIGHBOURHOOD MORTGAGE PAY EXPLAINING MAKING SENSE OF PROFILE: A BEGINNER’S GUIDE TOADVICE:WELCOME THE NEW YEAR CHARMING SOUTH CAMBIE FASTER, OWEWITH LESSA NEW ATTITUDE STRATA FEES MORTGAGE TERMS ARRANGING DOWN A MORTGAGE

METRO VANCOUVER EDITION

August 1 - 29, 2014 Volume 22 Issue 08

www.homedecorandrenovations.com

.

JULY-AUGUST 2014 VOLUME 13 ISSUE 4

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• ATLANTIC CANADA • CALGARY • EDMONTON • MONTREAL • VANCOUVER • WINNIPEG 30 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

SURREY/LANGLEY

PARK

196 ST

192 ST

194A ST

72 AVE

PARK

68 AVE

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 31

SURREY/LANGLEY

32 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

SURREY/LANGLEY

80 AVE 200 ST

192 ST

176 ST

19525 73rd avenue

73 AVE 195 ST

72 AVE

Presentation Center Open Daily 12-5PM (Except Fridays)

WEST REAL ESTATE SERVICES This is not an offering for sale. Any such offering must be made with a disclosure statement. Prices are subject to change. E.&.O.E.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 33

//INDUSTRY OUTLOOK

Getting to know your builder » by HUGH HERON

HUGH HERON

is Principal and Partner in the Heron Group of Companies and President of Heathwood Homes, as well as a former Member of the Board of Directors of Canada Mortgage and Housing Corporation, and a Past President of the Toronto Home Builders’ Association and the Ontario Home Builders’ Association.

In the 101 things to consider when you are looking at buying a new home, make sure the reputations of the builders you are considering is toward the top of your list. You have to do your homework before you make what will probably be one of the biggest financial investments of your life.

Now that the Internet is such a big part of our lives, checking on a builder’s history and track record is easier than ever before.

It should also be an important factor in your final decision.

You will find a lot of information on builders’ websites about their histories, awards and past and current communities.

You can also visit Tarion Warranty Corp. at tarion.com to research builders’ track record with the warranty program. Has Tarion had to resort to conciliations (onsite inspections by a qualified warranty representative to resolve a dispute between builder and homeowner)? The point is, you can do this online.

When I started in the business decades ago, people relied mostly on word-ofmouth, and you know, that strategy is still effective today. I suggest you drive through

You will find a lot of information on builders’ websites about their histories, awards and past and current communities.

36 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

completed neighbourhoods, take a good look at how everything came together. Are the homes and streetscapes beautiful? Have they aged well? Did the builder give careful thought to exterior designs and colours?

Then go and knock on doors and ask how the owners felt about their purchase experience. If they’re happy, they will be glad to tell you, and if they’re not, believe me, they’ll be even more anxious to share their stories with you. Just be sure to place it in a realistic context. Every builder today faces challenges with labour and material shortages, unexpected delays with municipal approvals, and even good builders make occasional mistakes. It’s the nature of this business. But responsible, reliable builders will make their homeowners aware of shortfalls, and will do everything possible to amend the situation.

Oh, and speaking of word-of-mouth, you can also connect with other buyers on social networking sites – but again, weigh the pros and cons of this carefully. Just because something is online does not guarantee it’s factual. Good or bad, take it with a grain of salt and turn to other resources for your research as well.

Another thing – avoid getting carried away when you’re standing in the sales office looking at inviting renderings and tempting floorplans. You may even have a beautiful model home to tour. Most likely, the community and homes are fine, but a builder can promise anything. Find out for yourself that the claims are true. If you have any questions, ask the sales representatives, who should be eager and willing to answer them, or to find out from the appropriate sources if they don’t know. You can even approach the building department in the municipality you’re thinking of living in and find out whether the builder’s plans for the community are being accurately represented.

Keep this in mind, too: if you haven’t looked into the builder’s reputation, what else might you be overlooking that may cause you to regret your decision? Far too often in the past, I’ve encountered homeowners who become educated about their homes and builders after buying, when it was too late to choose another course.

Fortunately, this scenario is changing. I used to say that people spend more time picking out a pair of shoes than they do buying a home – but no more. People are doing their homework, and at Heathwood Homes, there’s nothing we like better than helping educated consumers buy the home that will make them happy.

SURREY/LANGLEY NE

W

RE NO LE W ASE AV . N AI E LA W BL PL E . AN

.

TOWNHOMES FROM $289,900 WITH ALL THE DESIGNER FINISHINGS YOU LOVE INCLUDED * Brixton is a creatively designed collection of 2 & 3 bedroom Dutch modern inspired townhomes. Each home reflects a sense of style as fresh and imaginative as your own. Centrally situated along a protected greenbelt and creek in the new family friendly neighbourhood of Panorama, Surrey. Homes range in size from 1202 - 1512 sq.ft.

Two Designer Display Homes Now Open OPEN DAILY NOON - 5PM (Except Fridays) 14433 60 Avenue , Surrey 604.503.0488 BrixtonTownhomes.com *Prices and incentives are subject to change or be withdrawn without notice.

Sizes are approximate. See a sales representative for details on included finishings.

Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca. E.&O.E.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 37

//MORTGAGE ADVICE

Is the lowest rate always best? » by ALYSSA RICHARD

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.

While at ratehub.ca we’re in the business of comparing mortgage rates, we know there’s more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promotional rates to bring in new clients, but many of those offers come with serious restrictions and penalties.

Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:

While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others.

38 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

» LOW PREPAYMENT PRIVILEGES. Most products give mortgage holders the option to increase their monthly mortgage payment amount once per year and/or make lump-sum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lumpsum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage debt-free fast, this may not be the right product for you. » COLLATER AL CHARGE. If the lowest rate ends up being for a collateral mortgage, you’ll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage, you would need to hire a real estate lawyer (and pay legal fees). » CLOSED MORTGAGE. While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product Investors Group offered a couple months ago didn’t allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you.

Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate.

MOVE-IN READY!

33 DESIGNER TOWNHOMES

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VISIT MARQUEELIVING.COM OR CALL 604.427.3550 *Price net of incentives. Prices, discounts and incentives are subject to change without notice. Visit our Marquee Sales Team today for full details. E. & O. E.

PLUS AMAZING INCENTIVES AVAILABLE

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enjoy a $5000 discount, plus an additional package valued at a MINIMUM $1200!

RICHMOND / DELTA / LADNER / TSAWWASSEN Vancouver International Airport (YVR)

Rive r Dr

ay chie W Grant McCona

Richmond Centre

Cambie Rd

RICHMOND HWY

Alderbridge Way Lansdowne Park Mall Richmond Nature Park

Westminster Hwy

Granville Ave

No 6 Rd

Cambie Rd

No 4 Rd

A1

Shell Rd

ss

No 3 Rd

Ru

Ba ke rW ay

Garden City Rd

Bridgeport Rd

No 5 Rd

RICHMOND

KNIGHT ST

River Rd

99

91

Westminster Hwy

Granville Ave

A2

Blundell Rd

Fr

No 5 Rd

Williams Rd South Arm Park

No 4 Rd

No 3 Rd

No 2 Rd

Gilbert Rd

Francis Rd

Railway Ave Steveston Hwy

Garry Point Park

56 St 18 Ave 55 St

Cemetery

TSAWWASSEN B1. Tsawwassen Shores 604-943-6677

NO

A2. Modern Estates

17

h Bluff Rd

7411 Moffatt Road 604.788.8833

40 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Dr Arthur

Gr ov eR oa d

28th Ave 56th St

8A Ave

Boundary Bay Regional Park

Be ac h

53rd St

W AY RD E

L

South Delta Park

48th Ave

47th A Ave 47 e

Way son Jack

5171 Brighouse Way 604-233-2633

8A Ave

W r Rd Rive

56 St

A1. River Green

53A St

113 St

RICHMOND

53A St

75A Ave 74 Ave

BU

17

55 St

52 St

75 Ave 115 St

r

72 AVE

Chalmers Park

119A St

Dr

Beach Grove Golf Course

12 Ave

12 Ave

78B Ave

116 St

Delta Nature Reserve

Monroe Dr

D ore rym Bar

on ica

118 St Rd English Bluff

M

80 Ave

SCOTT RD

82 Ave

80 Ave Mackie Park

112 St

Sa nt a

84 Ave

Grauer Park

Coast Tsawwassen Inn

Tsawwassen Golf Club North Delta Park

TSAWWASSEN

41st B St

RD R

17

Riv er Rd

No 3 Rd

116 St

RI VE

52 St

Finn Rd

90 Ave Splashdown Park

112 ST

Y

NORDEL WAY

HW ACIS ANN 91

Deas Island Regional Park

B1

NORTH DELTA

Blv d

er

99

96 Ave

ilts hir e

Ri v

Rd er Riv

Steveston Hwy

Moncton St

W

a

r se

62nd B St

No 1 Rd

No 6 Rd

Francis Rd

Blundell Rd

12th Ave

RN S

DR

RICHMOND/DELTA/LADNER/TSAWWASSEN

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 41

//inside mortgages

Owe less, own sooner

Tips For paying your MorTgage oFF FasTer » by kris grasty

kris grasty

is a mortgage broker with Dominion Lending Centre’s Canadian Mortgage Experts and an active member of the MBABC. Kris maintains a strong focus on educating clients on all options.

For more information visit his website at www.krisgrasty.ca or reach him at kris@cmexp.com.

Each year approximately 35 per cent of Canadians exercise the right to make prepayments on their Mortgage. This is a great statistic, but still shows much room for improvement. 65 per cent of Canadians are missing out on the free cash savings that really adds up over the lifetime of your mortgage.

For some First Time Home Buyers, just getting into the market and making mortgage payments seems daunting early on but they have just set their baseline or their “new normal”. Now is the time to start looking ahead! Can you build equity faster than you expected? Can you pay just a little extra and get to your mortgage free date sooner? Fast forward 10 years — Does a vacation property or investment property sit in your list of life goals?

For those of you who have owned a home for some time, there are some easy and effective ways to achieve your goals and expedite your future! A little extra prepayment now can save a ton of cash down the road. Using this along with a balanced approach to retirement savings or children’s education planning is key.

For those of you who have owned a home for some time, there are some easy and effective ways to achieve your goals and expedite your future! A little extra prepayment now can save a ton of cash down the road.

42 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

PayMEnt SChEdulE:

Many people choose a monthly payment but there is another option called “accelerated bi-weekly”. The accelerated bi-weekly payment schedule effectively adds an entire month of payments each year reducing the standard 25 year amortization down to 22.5 years! This simple change will be barely noticed and if timed correctly, may line up with your pay days as well.

Mortgage total Interest SavIngS

$300,000

Monthly

accel. Bi-Weekly

$120,857.22

$106,241.23

$1,402.86

nIl

*Based on 2.89%, 5yr Fixed and 25yr amortization

$701.43

-$14,615.99

PrEPayMEnt OPtIOnS -

Most mortgages come with a variety of prepayment options, so let’s look at a few. These prepayments are available to you without having to pay penalties. Many lenders allow you to; » “Increase Payments” 10% - 20% » Make 10% – 20% “Lump Sum” payments » “Double Up” on any given payment as you wish.

Continuing along with the example above, look at how making these prepayments can save you in the long run. accel. Bi-Weekly

+ 10% to Pymt

+ annual lump Sum

10% and lump Sum

$106,241.23

$92,193.53

$99,065.62

$81,163.39

total Interest

IntErESt SavIngS Effective Amortization

$701.43

-$14,615.99

22 Years

$771.57

-$28,673.00

20 Years

$2,000.00

-$29,130.12

20 Years

$3,823.64

-$39,693.83

18 Years

*Based on 2.89%, 5yr Fixed and 25yr amortization

It is important to note that some lenders only allow lump sum prepayments on your anniversary date or that extra payments be made along with your scheduled payment, so be sure to talk to your broker and know how to work within your mortgage contract to avoid unnecessary penalties. rOund uP PayMEntS Or SEt hIghEr On SIgnIng

Many people do not know that you can set your payment artificially higher on signing. Use this option at day one to simply round up your payment to the next hundred dollars or if you are nervous about variable rates you can set your payment at today’s fixed amount and get ahead of the game without really noticing the difference!

Pay MOrE dOWn On rEnEWal

Another simple thing to do is pay more down on renewal or when switching to another lender. You can renew into an open mortgage temporarily, where there are no penalties to prepay and then look at switching to another lender. Some folks switching from Big Banks are finding that they have to pay full legal fees to switch lenders, so why not use that time to pay more down and register the new amount with your new lender similar to doing a refinance, just for a lower amount.

thErE arE SEvEral StratEgIES that arE WOrth

dISCuSSIng WIth yOur MOrtgagE BrOkEr;

If you like to save for retirement through RRSP’s, you could use the tax return to make up your lump sum payment each year.

Perhaps you get annual or quarterly bonuses at work and can use a portion of these to help out?

Use your prepayment privileges to make positive use of a family inheritance.

Your current mortgage holder may allow you to just make a change to your current payment schedule from monthly to bi-weekly.

The bottom line is that there is future cash to be saved.

Many people are realizing that by prepaying now with today’s lower interest rates that they can save on future interest costs.

Every dollar you prepay goes directly against your principal or borrowed amount.

Just imagine what you could do with nearly seven years of mortgage payments that you have in your future pocket — never mind the $39,000 saved on interest. That is nearly $140,000 cash in hand that would have gone to a mortgage, funding your possibilities of vacation property, retirement or children’s education. The key to planning your future is to be forward thinking right now! A licensed Mortgage Broker can help you.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 43

Cedar Dr

PITT MEADOWS / MAPLE RIDGE

Dominion Ave

236th St

232rd St

3

r Rd Rive

116th

Derby Reach Regional Park

240th St

207th St

Ave

Way aka Kan

4

110th Ave

2

108th Ave r Maclure D 240th St

ED GHE LOU

Golden Ears Bridge

Y HW

104th Ave 102th Ave

Jac kso n

Harris Rd

Pitt Meadows Airport

Dewdney Trunk Rd 248th St

Dewdney Trunk Rd

132 Ave

Abern ethy W ay

124th Ave 224th St

216th St

203rd St

123rd Ave

5

Hammond Rd S Bonson Rd

Ford Rd

Meadow Gardens Golf Course

1

227th St 228th St

Dewdney Trunk Rd

HW Y

Harris Rd

LO UG HE ED

210th St

Dewdney Trunk Rd

224th St

136 Ave

6

MAPLE RIDGE 1.

Hampstead at Silver Ridge

13555 230A Street 604-466-9278

2.

Wynnridge

11005 Buckerfield Drive 604-466-6388

3.

Village Green

5.

Myron's Muse

4.

Montgomery Acres

6.

Jackson Park

12161 237th Street 604-476-2292 24405 112 Ave 604-477-2959

23651 132nd Ave 604-380-1801 24406 102 Ave. 604-805-4669

SUMMER LOVE *Prices are subject to change. E&O.E.

SALES EVENT

PITT MEADOWS/MAPLE RIDGE RE

FACT:

O A D N LY Y HO 1 M M OV E RE E- IN M AI NS

.

ON AVERAGE 1-2 NEW TOWNHOMES ARE PURCHASED WITHIN ALL OF MAPLE RIDGE PER MONTH…

WHY VILLAGE GREEN? WE HAVE EXPERIENCED BOOMING SALES WITH 40 HOMES SOLD SINCE OPENING IN MARCH! The townhomes at Village Green truly feel like single-family residences.

At 2-storeys, the homes are wider, offering more open living areas and spacious, fenced-in backyards. Then there is the fact that Village Green is in a completely natural setting, on a no-thru road with tall trees lining the property front to back. And finally there is the price! Starting at $302,900, the beautiful homes at Village Green aren’t going to last long.

Come see for yourself what all the buzz is about!

2 level, 3 bedroom townhomes priced from $302,900 604.476.2292

VillageGreenLife.ca Prices and incentives subject to change or be withdrawn without notice E.& O.E. Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

PRESENTATION CENTRE 12161 237th Street Maple Ridge BC Open Daily 12-5pm ( closed Fridays )

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 45

PITT MEADOWS/MAPLE RIDGE

NEW DEVELOPMENT!

Pre Register Today!

Welcome Home Welcome to Myron’s Muse COMPETITIVELY PRICED 2 AND 3 BEDROOM COMMUNITY TOWNHOMES

An enclave of spacious townhomes in a strategically planned community designed for open space and functionality. Nestled in the natural beauty of Silver Valley yet only minutes from local amenities, parks, trails, greenbelts - it’s all here!

23651 – 132nd Avenue, Maple Ridge, BC

Pre-register today!

www.MyronsMuse.com This is not an offering for sale. Prices subject to change and exclude taxes. E. & O.E.

604-380-1801

Sales & Marketing by Coldwell Banker Westburn Realty & Sutton Group West Coast Realty.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 47

//mortgage minute

Leasing or buying a vehicle Impacts Your Debt ratIos » by Jorge & AlisA ArAgon

Jorge & AlisA ArAgon

are Mortgage Experts with Dominion Lending Centres Mountain View. They are active members of the Greater Vancouver Home Builders Association. Jorge & Alisa focus on the overall needs and plans of their clients and then find the best mortgage to suit their needs.

For more information visit YourMortgageSolutionsGroup.ca or contact them at aaragon@dominionlending.ca.

The question of whether it’s better to lease or buy a vehicle is a common dilemma. And do you buy or lease a new or used vehicle? The answer depends on the specifics of your situation.

It’s important to realize that many consumers overburden themselves with car leases or loans they simply can’t afford.

While most of us require a vehicle to get to and from many destinations, we don’t need a high-end vehicle to serve this purpose.

The key to remember when you’re looking to purchase a home and obtain a mortgage or refinance an existing mortgage is that, if you overspend on a vehicle, it affects your debt ratios and may restrict or negate your mortgage financing ability.

When making a lease-or-buy decision, you must look at your financial abilities in terms of your debt ratios. And if you’re unsure about how leasing or purchasing a vehicle will affect your ratios, it’s best to talk to a Mortgage Expert prior to making your decision.

48 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

When you buy, you pay for the entire cost of a vehicle. You typically make a down payment, pay sales taxes and pay an interest rate determined by your loan company based on your credit history.

Later, you may decide to sell or trade the vehicle for its depreciated resale value.

When you lease, you pay for only a portion of a vehicle’s cost, which is the part that you “use up” during the time you’re driving it.

You have the option of not making a down payment, you pay sales tax only on your monthly payments, and you pay a financial rate, called a money factor. You may also be required to pay fees and a security deposit. At lease-end, you may either return the vehicle or purchase it for its depreciated resale value.

As an example, if you lease a $20,000 car that will have an estimated resale value of $13,000 after 24 months, you pay for the $7,000 difference (called depreciation), plus finance charges and possible fees.

When you buy, you pay the entire $20,000, plus finance charges and possible fees. This is fundamentally why leasing offers significantly lower monthly payments than buying.

Lease payments are made up of two parts – a depreciation charge and a finance charge. The depreciation part of each monthly payment compensates the leasing company for the portion of the vehicle’s value that is lost during your lease. The finance part is interest on the money the lease company has tied up in the car while you’re driving it.

Loan payments also have two parts – a principal charge and a finance charge. The principal pays off the full vehicle purchase price, while the finance charge is loan interest. Since all vehicles depreciate in value by the same amount regardless of whether they’re leased or purchased, however, part of the principal charge of each loan payment can be considered as a depreciation charge.

The remainder of each loan principal payment goes toward equity – or resale value – which is what remains of your car’s original value at the end of the loan after depreciation has taken its toll. The longer you own and drive a vehicle, the less equity you have.

With leasing, you may have the option of putting your monthly payment savings into more productive investments, such as your mortgage, an investment property or a vacation home, which will increase in value.

on the move//

PITT MEADOWS/MAPLE RIDGE

packing tips To make your move a little easier • Gather boxes in all sizes from friends, neighbours and stores.

• Collect cushioning material such as bubble wrap, foam pellets, furniture pads, old blankets, plastic bags, tissue paper, newspapers and small towels to use as padding inside boxes.

• Create a “portable packing kit” with marking pens, a tape measure, packing tape, twine and scissors. Carry it with you as you pack up items in your home.

• Reinforce the bottom of boxes with extra tape for added strength.

• Label each box with the name of the room in your new home where it should be placed.

• List the contents of the box on the side of it.

• Label boxes containing fragile items with large red lettering.

• Place china in plastic bags and stack plates upright on their sides, not flat.

• Pack your TV, stereo and computer in their original boxes whenever possible.

• Keep boxes to 50 pounds or less.

• Pack heavy items into their own smaller boxes and place lighter items together into larger boxes. (Hint: Don’t pack all your books into one box!)

NEW SHOWHOME OPEN Now offering ranchers with master on main floor!

MOVE IN READY HOMES!

• Don’t move flammable, combustible, corrosive or explosive items such as paint, gasoline and ammunition.

• Pack a bag of personal items you’ll need during the move and keep it in an easy-to-find place when you pack.

11007 Harris Drive AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 49

BURNABY / NEW WESTMINSTER NEWWESTMINSTER

Barnet Marine Park

U

G ag

Royal Oak Ave

Willingdon Ave

Deer Lake Deer Lake Park

Gilley Ave

Royal Oak Ave

e Av

h 8t

St

A RD SON EW WA ST Y

809 S Dyke Road (at Wood Street) Queensbourough 604-533-3575

1710 Gilmore Ave 604-291-9130

50 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Cla rke Rd

B1e v lA ya o R

Duncan St

Boundary Rd

A2. Aviara

Queen’s Park

A1

A3. Britton

y Wa nt rwe De

A1. Rivers Walk

e Av

r

St yd Ewen Bo e Av

BURNABY

h 8t

Braid St e Av

St

eD rin

MARIN E WAY

th 10

e Av

DE RI CB M

h 6t

A3

Southridge Dr Ma

e Av

h 6t

Mari ne D r

e Av

h 8t r sD th iffi Gr

Patterson Ave

Imperial St

th 16

th 10

St

t lS ria pe Im

ay W

Imperial St

MARINE W AY

Burnaby Lake Regional Park

Can ada

Nelson Ave

BOUNDARY RD

Lougheed Mall Austin Ave

Sprott St

Oakland t S KIN GS WA Y Metrotown

SE Marine Dr

y Wa di lar

nd rla be m Cu

Central Park

Port Royal Village aragon.ca

North Rd

Sperling Ave

Cliff Ave

Holdom Ave

Squint Lake Park

da na Ca

Av e

B2. Canoe

ay W

49 t h

A4

A5

Un ivers ity Dr E ag lar di Wa y

Grey sto ne D r

Burnaby Mountain Golf Course Broadway

BCIT

68 Sixth Street 604-525-8980

r sit y Dr nive W

SFU

Brentwood Mall

B1. Dominion

BARNET HWY

G

Willingdon Ave

HASTINGS ST

A2

Burnaby Mountain Park

INL ET DR

Confederation Park

7458 Britton St 604-298-1313

A4. Thurston Street 3748 Thurston St 604-563-7001

A5. Lift

9350 University High St 604-320-3386

BURNABY/NEW WESTMINSTER

VIEW OUR 2 BEDROOM TOWNHOME DISPLAY

— FINAL 7 —

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OUR LAST 2 GARDEN TOWNHOMES! SAVE THE GST ON *

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LEARN MORE AT porte.ca/lift 604.320.3386 Pricing subject to change without notice. Sales by disclosure statement only, E&O.E.

Proudly developed by AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 51

//FEATURE

PNE prize home Beauty, Brains and a little Okanagan inspiratiOn » by Janine Mackie 52 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

“You could win this house!” The excitement in celebrity designer Jillian Harris’s voice is rapturous. In the works for months, the gates to BC’s legendary Fair at the PNE are now open and visitors can be seen speed walking to the entryway of the temporarily-placed, fully-furnished Craftsman-style house, valued at over $1.3-million, that is this year’s PNE Grand Prize.

“It is bright and airy, modern and bohemian, clean and rustic … it’s absolute perfection,” says Jillian who designed the home’s interior to evoke a modern farmhouse.

Stepping out from her reality TV days as Canada’s spunky and beautiful brunette Bachelorette of season five, Harris has kindled a fresh feel to the 3,000 square foot prize home which, after the fair, will be transported to an estate-sized lot with lake and valley views on Kelowna’s Kirschner Mountain. This is Jillian’s third PNE Prize Home, and once again she’s delighting

those who step inside — a feat she achieves by following her heart and taking her brains with her.

“The secret to creating a calm, clean and classic atmosphere is knowing the psychology of colour,” says Jillian, who spring boarded her career from Cactus Club waitress to restaurant designer with help from mentor and restaurateur Scott Morrison, all the way to her current gig as co-host of “Love it or List It Vancouver”.

White and Cream Cottage Palette “When you design a restaurant you design with hunger in mind and create a darker space with accents of red and orange which elevate a room’s energy level. Never blue — that supresses hunger,” says Jillian. “In residential homes, I gravitate towards the exact opposite – white, creams and neutral.

I look for wow and vintage pieces that stimulate conversation.”

Stepping onto white oak floors in the great room, there’s lots to take in …

A piece that would be at home in a New York penthouse, the high back sectional sofa with nail head trim is fluffed with white and gray scroll pillows. Flanking it are a petrified tree stump side tables. Big in the decorating world these days, they add a rustic beauty to the home in their natural state still bearing a few cracks, nicks and knots.

While some may assume the exotic round ottoman is sheepskin, its “chic wild texture is actually made from heavy natural fiber weaves and engineered into couture for the home to suggest a well-traveled life,” explains Saleema Remtula, VP marketing and communications at Lane Home Furnishings in Coquitlam, which supplied all furniture and accessories.

It’s hard to believe that it was the lure of an electric range that excited people to buy tickets for the first prize home ever offered in Vancouver back in 1934. Today inside the 80th anniversary Prize Home, the kitchen is still a favourite for its innovative appliances and slick style.

“An integrated cappuccino maker was a no brainer,” says Jillian. “I bought one for my home too. It’s amazing. People come over and you can make them a custom cup at push of button – latte, Americano cappuccino, whatever. For the Prize Home I integrated as many appliances as possible for a streamlined feel.”

Dark brown veneer cabinetry is a beautiful contrast to the white quartz countertops with teak tractor-seat barstools.

Vintage in appearance, but new from Pine Lighting, the aged brass pendants above the kitchen island with integrated wine fridge, were exactly what Jillian was looking for to suggest an eclectic vibe. Staggered stone backsplash in a Moroccan pattern complement the light gray perimeter cabinets.

A walk-in pantry is a practical touch complete with wire pull out drawers.

I look for wow and vintage pieces that stimulate conversation heirloom vintage stYle Can fit todaY’s modern living The dining room will host many family gatherings around the whitewashed trestle dining table finished with Windsor dining chairs and a brass multi-light chandelier above. Making most of the space, a floating bar features glass-front cabinets and a modern wine display inspired by the local vineyards and winetasting opportunities in the Okanagan.

Upstairs the heavenly master retreat features a white king-sized upholstered wingback bed reminiscent of angel wings and dressed in white and taupe bedding with a few coral-coloured deco pillows. Mirrored quatrefoil night stands add interest while French doors with transom windows fill the room with weekend sunshine.

Standing on tiptoe to get a glimpse 54 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

between the heads of other enthused fairgoers, to say the ensuite is gorgeous is an understatement. There’s an opulent freestanding oval bathtub, custom made floating vanity with white quartz countertop accented with cute pink towels and an invigorating shower room surrounded in stunning Woodgrain Marble – a veined polished natural stone.

While voguish on her own, Jillian admits she’s taken by the iconic boundary-pushing design of LA-based interior designer and fellow-blogger, Kelly Wearstler. As a tribute, Jillian throws in a few fun surprises, like the resin monkey bookends in the home office and whimsical art.

And in case you’re wondering, did this prize home with its wrap around deck and flirtatious style have enough soul and personality to impress Jillian’s ultimate critic?

“When I took my parents to tour the house my dad said, ‘I want this house, I want this house!’ And of course my parents can’t buy a ticket so my dad was devastated that he couldn’t win the house.

I told him not to worry though, that I knew a good designer that could help him with design and make his home look just as good!” the Pne Prize home at 2901 e hastings st. is open daily for viewing from 11am until late during the fair’s duration -- august 16 to september 1. free parking and entry at gate 2 off renfrew st. tickets (5 for $25 or 15 for $50) available at the Pne, online at pneprizehome.ca or by phone at 604.252.3688. draw date for grand Prize is september 4, 2014.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 55

IT’S LIKE A CHARACTER HOME ON THE WEST SIDE WITHOUT HAVING TO GIVE UP ONE OF YOUR KIDS. DESIGNFORWARD ARAGON.CA CANOE

#ARAGONFORWARD

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

A collection of triplex, townhomes and single family homes. VIP previews start early September. Register today for priority appointment. Starting in the mid 400’s.

Aragon.ca/Canoe

IS N PL O A W Y O HO P E ME N

D

OPEN THURSDAY TO SUNDAY 1 - 4 PM OR BY APPOINTMENT

LIMITED COLLECTION OF

3 BEDROOM

TOWNHOMES STARTING IN THE $500s

This is not an offering for sale. Any such offering must be made with a Disclosure Statement. Prices are subject to change. E. & O.E.

//Tips & Tricks

Accessible by Design

CMHC’s tips on choosing accessible appliances Appliance designers have been making significant strides in recent years in creating appliances that are quieter, safer, and easier for people of all ages and abilities to use. When shopping for a new appliance, the most important thing to keep in mind is that it suits your needs, and the needs of your family.

Canada Mortgage and Housing Corporation (CMHC) offers the following tips on how to choose appliances that will be easy for everyone in your home to operate and maintain, regardless of age or whether they have a disability: » Your first consideration in selecting an appliance should always be safety. Look for the Canadian Standards Association (CSA) certification mark on any electronic device or appliance you’re thinking about buying, to make sure it meets the Canadian standards for performance and safety. » Before you buy, ask questions about the safety and ease of use of the appliance. For example, is it easy and intuitive for everyone to install and operate, regardless of their cognitive ability, grip strength or fine motor skills? Are the controls easy to see, read and understand? Does it come equipped with fail-safe features like an automatic shut-off switch, a lockout feature or an override switch? Is it light enough to use safely? Does it pose a risk of burns? Test out a few different models with various features before making a decision, to make sure the appliance you choose meets everyone’s needs. » If possible, try to select an appliance that will be easy to maintain and keep clean. Cleaning a large appliance can be difficult, especially as we grow older. If the model you select is too heavy or difficult to keep clean, it could eventually become unsanitary or pose a health risk for you and your family. » If anyone who uses a walker or wheelchair will need to use the appliance, make sure there is enough space 58 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

in the room and around the appliance for easy manoeuvring. In general, there should be a clear manoeuvring space of at least 1,500 mm x 1,500 mm (59 x 59 inches) for people who use a manual wheelchair, and 2,100 mm x 2,100 mm (83 x 83 inches) for power wheelchairs or scooters. » If anyone in your home is deaf, hard of hearing or visually impaired, consider buying an appliance that includes visual or tactile signals, as well as audible ones. » To save hassles and headaches later, consider how much space you have and where the appliance will be stored before you bring it home. For heavier appliances in the kitchen, for instance, you might want to install a swing-up shelf to eliminate the need for all that heavy lifting. » To save money and protect the environment over the long-term, look for appliances that have the EnerGuide and ENERGY STAR® labels. » Lastly, whatever your budget, make sure the appliance you buy has the configuration that best suits your unique needs. For example, while many people prefer front-loading washers and dryers, if you have trouble bending over, a top-loading machine might be a better option. Similarly, while stacked washer-dryers can be great for saving space, they may not be a good design for someone who uses a wheelchair.

For more inFormAtion For a free copy of the “About Your House” fact sheet Appliances or for information on any of the other guides, fact sheets and check lists in CMHC’s Accessible Housing by Design series, visit our website at www.cmhc.ca or call CMHC at 1-800-668-2642.

For over 65 years, Canada Mortgage and Housing Corporation (CMHC) has been Canada’s national housing agency, and a source of objective, reliable housing information.

BURNABY/NEW WESTMINSTER

Bike to the market & barely break a sweat from

coming fall 2014 1 & 2 BE D R OOM TOW NH OMES IN W EST BUR N A BY Live on Thurston Street, a quiet cul-de-sac minutes away from parks, shopping & transit.

Part of Anthem’s Neighbourhood Series

604.563.7001

The developer (Anthem Thurston Developments LP) reserves the right to make changes and modifications to the information contained herein. Promotions, prices and availability are subject to change without notice.

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. Please contact a developer sales representative for details. E. & O.E.

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 59

//On the hOrizOn

Kaleido

Hyde Park

The final collection of three-bedroom townhomes in the Sunstone masterplanned community is poised to begin sales this winter. Striking Georgianinspired architecture showcases extensive brickwork, distinctive black wrought iron details, and generous private outdoor living spaces. Inside, contemporary interiors feature wide open-plan layouts, gourmet kitchens with polished engineered stone countertops, warm laminate flooring, and sleek stainless steel appliances.

Close to a broad selection of hiking and biking trails, excellent schools and shopping, plus convenient commuter access to Vancouver and beyond. All owners will also have automatic membership in the Sunstone Club, a private residents-only clubhouse featuring over 12,000 square feet of resort-style amenities. Priced from $389,900.

For more information and to priority register, visit polyhomes.com or call 604.871.4192.

Registration is now underway for this newest townhome community by Zenterra Developments. Ideally located in South Surrey’s Grandview neighbourhood and close to shopping, parks, and topnotch schools, these homes will offer a selection of three- and four-bedroom plans — meaning they’re ideal for families and active downsizers. Sales anticipated to start this fall, so be sure to register now for updates as they’re released.

For more information and to get on the list, visit hydeparkliving.ca or call 604.506.1852.

North Delta towNhomes

on the horizon Checking Out What’s Hot and New in the Lower Mainland’s Residential Marketplace and Beyond » by susan m boyce

Tell us your news Got a new development you’d like us to feature in On the Horizon?

Drop me a note at onthehorizon@ wall2wallmedia.com, and we’ll do our best to get you in the next edition.

60 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Summit Residences

south surrey towNhomes

Gallery Heights

North Delta towNhomes

Sales centre is expected to be opening this September at 9015 – 120th Street in North Delta, Gallery Heights offers four, exclusive townhome opportunities. Prices coming soon, but you can register now for more information. Condo homes will also be available.

For more information visit bassiproperties.com or call 604.767.0710 or 778.317.3715.

ChilliwaCk siNgle-Family

The Edgewater at Porpoise Bay

A brand new, two-storey plus basement floorplan has just been launched at Summit Residences. Designed specifically with active family living in mind, the Skyview plan features three bedrooms up plus a main floor den and unfinished basement with room for a fourth bedroom and generous recreation/ media room. Prime location near the upper part of the community gives dazzling views across the valley. Prices start from $450,000.

Showhome open noon to 5 p.m.

Saturday through Wednesday (closed Thursday and Friday) at 47150 MacFarlane Place. For more information visit summitresidences.ca or call 604.824.6473.

The second phase of waterfront homes have just been released at this beachside community in the heart of Sechelt on the Sunshine Coast. A great opportunity to purchase a brand new, four-bedroom home with master on the main. Prices start form the mid $600,000s for waterfront homes.

Three-level townhomes also available from $339,000. Community features over 1,000 feet of accessible low-bank waterfront perfect for swimming and kayaking.

The Edgewater at Porpoise Bay presentation centre is open noon to 5 p.m.

Friday through Wednesday (closed Thursdays) at 5951 Sechelt Inlet Road in Sechelt For more information visit onni. com/edgewater or call 604.885.8556

seChelt towNhomes

homebuyers’ help//

Homebuyers’ Resource Section You love the home, see what you can afford! » Compare mortgage rates for your best deal

» Calculate your mortgage payments using the mortgage payment calculation chart

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 61

Calculate your mortgage payments interest rate

amortization period

Chart figure

example: 5%

25 Years

5.82

mortgage amount ÷ 1,000 (mortgage amount $125,000)

125

monthly payment

$

Follow these steps to see if you’ll qualify for a mortgage on your dream home

01 02 03

Calculate the combined monthly before-tax income of you and your spouse.

Divide by three. This figure is the monthly payment you can afford to make on your home.

Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

04

Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay.

Line this up with the amortization period of your choice. (Most firsttime buyers take the 25-year amortization.)

05

06 07

Add to this your estimated monthly heating costs and monthly property taxes.

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.

Multiply this figure by the amount you need to borrow.

Divide by 1,000. » Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice andget pre-qualified.

62 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

Mortgage payment calculation chart %

Interest rates

amortization periods

10 Years

15 Years

20 Years

3.00%

9.65

6.90

5.54

3.50%

9.88

7.14

5.79

3.25% 3.75%

9.76

9.99

7.02 7.26

25 Years

30 Years

4.73

4.21

5.66

4.86

5.91

5.13

4.61

5.40

4.90

4.99

4.00%

10.11

7.38

6.04

5.26

4.50%

10.34

7.63

6.30

5.53

4.25% 4.75%

5.00%

5.25%

5.50%

10.23 10.46

10.58

10.70

10.82

7.50 7.75

5.82

8.14

6.85

6.10

8.40

7.12

8.01

8.27

6.25%

11.19

8.53

6.50% 6.75%

7.00% 7.25%

7.50% 7.75%

8.00%

8.25%

8.50%

11.31 11.43

11.56

11.68 11.81 11.94

12.06

12.19

12.32

8.75%

12.45

9.25%

12.71

9.00% 9.50%

12.58 12.84

8.66

8.80 8.93

9.07

9.21

9.34

9.48

9.62

9.76

6.74

6.11

7.55

6.85

6.42

7.84

7.16

7.41

7.69

7.63

8.59

7.95

8.14

8.44

11.25%

11.50%

11.75%

13.77

13.91

11.06

11.22

11.36

11.52

8.45

8.10

8.78 9.12

9.29

10.16

9.63

10.00

9.46

10.32

9.80 10.15

10.49

11.97

10.98

12.75%

14.59

12.28

11.31

12.13

7.76

9.84

14.32

14.46

8.12

8.63

12.25%

12.50%

7.42

7.59

8.95

10.65

11.82

7.08

7.25

9.52

11.66

14.18

6.91

8.28

14.04

12.00%

6.75

8.62

9.68

13.64

6.59

9.20

10.77

13.50

7.79

6.26

8.28

13.24

11.00%

7.47

5.95

8.86

10.25% 10.75%

7.00

8.28

9.05

10.92

6.70

7.32

9.36

13.37

6.40

7.99

10.48

10.50%

5.49

5.64

6.55

10.19

10.63

5.19

5.34

7.26

12.97 13.10

5.04

5.79

8.74

10.33

4.76

6.25

9.90

10.05

5.96

4.48

6.98

9.75%

10.00%

5.67

6.57

10.94

11.07

6.44

7.88

5.75%

6.00%

6.17

4.34

10.81 11.15

7.93

8.45

8.80 8.98 9.16

9.34

9.52

9.97

9.70

10.32

10.06

10.49 10.67

10.85

9.88

10.25

10.43

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 63

BRITISH COLUMBIA’S NEW HOME DEVELOPMENTS PROJECT

TYPE

ABBOTSFORD Abacus Uptown Auguston Cedar Landing Eagle Estates Eagles Gate Falcon Ridge Foxwood Harvest Hudson’s Loft 2 Lift Luna Waterleaf

LR SF TH SF SF SF SF TH LR LR TH LR

PRICE

PROJECT

604-309-7155 604-308-8660 604-850-5040 604-859-3141 604-309-7729 604-309-0540 604-850-5040 604-607-7801 hudsonsloft.ca 604-557-1047 778-895-5862 604-850-3694

$109,900 inc net GST From $559,000 Fr. 274,900 inc net GST From $599,900 From $373,500 From $789,000 From $524,900 From $279,900 Call Call From $289,900 From $179,000

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

604-451-9517 604-456-8883 604-291-9130 604-563-8386 604-293-1818 604-436-1100 libertyhomes.ca 604-329-8228 604-671-5565 604-320-3386 liveatburnabyheights.com 604-899-8800 604-899-8800 604-435-9477 604-435-9477 604-435-5565 604-435-8866 604-439-9580 604-456-0688 604-431-6033 604-438-9922 604-527-7955 604-525-8496 604-435-8866 604-298-8800 604-438-1113 604-528-8906 604-218-3338

$429,900 From Mid $200’s Call From $299,900 From $504,900 From $499,900 Call Call Coming Soon Call Coming Soon From $349,800 Coming Soon Call From $439,900 Call Call Call From $389,900 Call From the $290’s Call Call Call From Low $300’s Call From Low $300s From $249,900

SF TH SF SF/LR/TH

www.livethefalls.com 604-795-6938 604-534-5079 604-824-5062 604-858-7179 1-877-858-2408 1-800-830-7175 604-991-5151 604-991-1777 604-991-8250 604-824-6473 1-800-830-7175

From $389,900 From $242,900 From $249,900 Call From $269,900 From $399,900 From $184,900 From $149,900 From $259,900 Coming Soon From $508,000 From $242,900

BURNABY Aldynne on the Park Altitude Aviara Brentwood Britton Casa d’oro CentreBlock at Univercity Eden at Edmonds Highland Park Metrotown Lift Madison Met 1, The Met 2, The Metro One Metro Two Metro Metroplace Moda Modello OakTerra Paddington Mews RedBricks Reflections Silver Solo District Station Square Storybrook Trio CHILLIWACK / SARDIS Camden at The Falls Centre Field Englewood Village Garrison Crossing Heron’s Landing Jinkerson Vistas La Cason Radius River Walk Seasons at Cedar Sky Summit Residences, The Townsend Terrace

C O N TA C T

Penthouse (PH)

SF LR LR TH TH SF TH

Live Work (LW)

City Home (CH)

High Rise (HR)

TYPE

COQUITLAM 1123 Westwood Amberleigh Austin Bloom Bridlewood Burke Mountain Heights Charland Como Evergreen Grand Central 2 Hazel Kingston Mackin Park MTwo MThree Novella Oasis Reef Regan’s Walk Riley Secret Ridge Somerton Sterling The Windsor DELTA NORTH DELTA Delta Rise Lakeside Luxor South Pointe TSAWWASSEN Brio Tsawwassen Heights Tsawwassen Shores Tsawwassen Springs LANGLEY Athenry Gate Arcadia Cornerstone Elements Exchange Evergreen North Yorkson Focal Point Keaton Ivy Row Kensington Mason & Green McBride Station Mission Green Serenity Varsity Virtue York York by Mosaic Yorkson Creek Yorkson South MAPLE RIDGE 223 North Albion Station Cascada Cliffstone Edge on Edge Grant Hill Estates Hampstead at Silver Ridge Jackson Park

Mid Rise (MR)

Low Rise (LR)

Loft (LO)

C O N TA C T

PRICE

HR SF HR LR/TH TH SF LR LR HR HR LR SF LR HR HR MR HR TH LR TH DP SF SF HR

604-472-1123 604-514-4359 604-931-0302 604-939-8808 604-472-9018 778-285-6299 604-492-3388 604-939-0018 604-942-2672 604-936-1888 778-829-1500 604-514-4359 604-939-8874 604-472-9555 604-472-9555 604-563-5777 604-464-2701 604-288-8909 604-492-0222 604-468-7688 secretridge.ca 604-469-8581 604-464-2260 604-871-4470

Call Coming Soon From low $200’s $264,000 $439,900 Call Call From $208,800 From $273,900 From $309,900 From $220,500 Coming Soon From $199,900 From $599,900 From $281,900 Coming Soon Call From $349,900 From $199,900 From $349,900 Coming Soon From $699,900 From $689,900 Coming Soon

HR TH LR SF

604-594-7473 604-585-7107 604-590-8003 604-584-2908

From $189,900 From $558,000 From $199,900 From $699,900

LR SF SF SF/LR

604-943-8811 604-271-7288 604-943-6677 604-948-HOME

Call Call From $499,900 Call

TH LR TH TH TH LR SF

604-882-8857 arcadialiving.ca 604-534-6000 604-533-7718 604-535-8587 604-514-7565 604-377-7000 604-882-3733 604-999-9323 604-427-3311 604-852-5382 604-533-0881 604-871-4288 604-371-1538 604-539-2200 604-534-6800 604-534-9495 604-882-6758 yorksoncreek.com 778-785-1673

From $137,500 Coming Soon From $199,900 From $199,900 Coming Soon Coming Soon Coming Soon Call for Info Fr. $479,900 inc GST From $199,900 From $319,900 Coming Soon From $314,900 Call for Info From $139,900 Call for Info Call From $259,900 From $179,900 From $440,000

LR TH LR SF LR SF SF SF

604-463-0588 604-351-3261 604-318-5254 www.cliffstone.ca 604-466-8783 604-230-3935 604-466-9278 604-805-4668

From $174,900 From $254,900 Call Coming Soon From $149,900 Call From $498,900 Coming Soon

LR TH LR LR TH SF LR TH RH LR TH TH

Duplex (DP)

Townhouse (TH)

Row Home (RH)

ConneCting buyers to the best new home o p p o r t u n i t i e s i n m e t r o p o l i ta n Va n C o u V e r new h omes starting from the mid $100’s

FIFTHAVE.CA 64 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

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@wall2wallmedia.com PROJECT

TYPE

C O N TA C T

PRICE

Jackson Ridge Mainstone Creek Meadows Pointe Montgomery Acres Myron’s Muse Parc Vue Pointe, The River’s Edge Robertson Heights Signature at Falcon Centre Spencer’s Green Station One Summit at Grant Hill Two Birds Village Green Village Walk Wellington Station Wynnridge

SF SF LR SF TH LR SF LR SF LR SF LR SF TH TH SF LR SF

604-351-3261 604-463-5000 604-522-8970 604-477-2959 604-380-1801 604-467-8884 604-999-2452 604-318-5254 604-514-4359 604-477-1500 778-846-3200 604-467-9300 604-405-4437 604-467-7000 604-476-2292 604-465-6524 604-380-0300 604-466-6388

Call Call Coming Soon From $509,980 Coming Soon Coming Soon From $489,900 From $174,900 Coming Soon Call From $528,900 Coming Soon From $690,900 Call From $279,900 Call From $189,000 Call

MISSION / HARRISON Fraser Landing Horizons

TH TH

1-888-826-1177 1-888-826-1177

From $249,900 From $319,800

NEW WESTMINSTER 258 on Sixth Alexander Walk Brewery District Carlyle at Victoria Hill Canoe Dominion Elliot St English Mews Flow Glass House Lofts Grove, The Lookout at Victoria Hill, The Northbank Parkside at Victoria Hill Rivers Walk Thompson Landing Trapp & Holbrook Viceroy

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

604-377-9630 604-779-1292 604-694-1188 604-523-0733 aragon.ca 604-525-8980 604-524-8080 604-517-1688 604-520-9880 604-520-9890 604-523-0733 604-523-0733 604-523-0081 604-523-0733 604-533-3575 604-520-3226 604-525-0223 604-522-2583

Call From $349,900 Coming Soon Call Coming Soon Call Call Call From $508,900 Call From $266,900 Call From S261,900 Call From $469,900 From $476,900 From $299,900 Call

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

604-980-9949

NORTH VANCOUVER 15 West 221 East 3rd Anchor, The Atrium at the Pier Canyon Springs Capstone CentreView Drive, The Heywood on the Park Latitudes Local on Lonsdale Loden Green Maplewood North Mill House Northlands Orizon on Third Pinnacle Residences at the Pier Remix Trophy at the Pier Seylynn Village Shore, The Wallace & McDowell PITT MEADOWS Cedar Downs Liv42

LR LR Penthouse (PH)

From $340,000 Coming Soon 604-988-8800 From Mid $200s 604-983-9065 Call 604-973-0298 $389,900 604-929-8870 Call 604-998-8540 Call 604-986-8138 Call 604-985-0003 From $288,900 604-435-9477 From $469,900 604-998-0219 Call 604-988-0022 From low $600s 604-727-1594 From $378,900 www.marcon.ca/millhouse Coming Soon 604-800-2120 Call 604-638-6240 From $469,900 604-983-9065 Call 604-924-4488 Coming Soon 604-983-9065 From $509,900 604-980-5000 Coming Soon 604-980-0016 Call 604-971-2266 Call 778-846-3200 604-460-6601

Live Work (LW)

City Home (CH)

From $194,900 From $134,900 High Rise (HR)

PROJECT

TYPE

C O N TA C T

PRICE

PORT COQUITLAM Altura Burleigh Walk Carmandy Citadel Heights Dominion Fremont Blue Fremont Green La Via Orchid Prima Residences Shaughnessy, The South Verde Valorie on the Park

LR LR LR SF TH TH LR LR LR LR HR LR LR

604-552-5887 604-464-5856 604-435-9477 604-468-2169 604-469-8988 604-552-0319 604-349-9245 604-475-5100 604-866-4206 604-945-3999 604-468-8252 604-468-8640 604-464-4764

From $219,900 From $199,000 From $209,900 From $829,900 Call From$319,900 Coming Soon From $169,900 From $149,900 From $219,900 Call Call From $246,900

PORT MOODY Residences, The Station, The

HR TH

604-552-0552 604-492-3338

Call Call

604-278-5809 604-276-9186 604-649-8630 604-276-8683 604-244-7721 604-233-7748 604-244-9622 604-271-3331 604-278-3939 604-788-8833 604-233-7748 ellerichmond.com 604-303-7575 604-278-8838 604-303-0148 604-274-7326 604-279-8866 604-233-2633 604-282-7838 604-270-2482 604-273-2828 604-276-8885 604-204-1077

Phase 2 Now Previewing From $354,900 From $1,700,000 Call Call From $300,000’s Call From $298,800 From $318,800 Call From $300,000’s Coming Soon From $464,900 Call From $299,900 Call From $211,900 Call From $229,500 Call Call From $283,900 Call

604-898-2232 604-896-2235 1-888-852-7575 1-877-344-5566 1-888-852-7575

Coming Soon From $1,298,000 Call From $239,000 Call

RICHMOND Alexandra Court Avanti Blue Heron Marine Estate Cadence Carrera Concord Gardens Empire Living Gardens, The Harmony Modern Estates Monet Elle Opal at Richmond Centre Ora Pinnacle Lilving at Capstan Pier, The Remy River Inlet River Park Place Saffron Southpointe Cove Tempo Westminster Terrace

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

SQUAMISH / WHISTLER Elaho Ocean Crest Ravens Plateau Aqua University Heights

TH SF SF TH/LR LR

SUNSHINE COAST SECHELT SilverStone Heights

SF

604-741-1877

From $479,900

SURREY 3 Civic Plaza Ashbury Hill Ascend Balance Bishop Creek Blackberry Walk Boardwalk Brixton Brookside Canvas Connect Creekside Dawson + Sawyer Creekside Edgewood

HR TH LR LR TH TH TH TH TH TH LR TH TH TH

604-951-3331 ashburyhill.com 604-596-2202 tiensher.com 604-588-0005 604-501-6119 604.506.1852 604-503-0483 604-372-2071 604-598-8873 778-395-1886 604-372-0400 604-498-3811 604-644-7811

Call From High $200’s From $170’s Coming Soon From $354,900 Coming Soon From $341,900 From 299,900 Fr. $279,900 Call From $118,800 High $200’s Coming Soon From $344,900

Mid Rise (MR)

Low Rise (LR)

Loft (LO)

Duplex (DP)

Townhouse (TH)

Row Home (RH)

AUG 22 - SEP 5, 2014 | METRO VANCOUVER NEW HOME GUIDE 65

PROJECT

TYPE

Esplanade at Waterstone Eton Fusion G3 Residences Grove at Cambridge, The Guildford Greens Heights Highcrest Highlands Horizons Joi Living Kendra Latis Latitude Lingo Lumina Madison Manarola Oliver’s Lane One 44 Panorama Station Panorama Woods Park Avenue Quattro 3 Redwood Rockwoods, The Silverwood Teo Hyland Residences Ultra at West Village Verve The Walks University District Wave Wynd Zen CLOVERDALE Clayton Heights The Grove MacKenzie Estates One92 Sun 72 Salix Uptown Clayton Village

PRICE

PROJECT

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

604-530-5399 etonliving.com 778-578-9779 604-453-6688 604-597-7177 604-307-0400 604-538-8888 604-584-7273 778-565-7768 778-565-7768 604-574-8888 604-590-9122 604-575-0669 604-596-5075 604-727-5478 604-727-5478 604-543-6262 604-825-1038 604-543-3868 604-503-6402 604-372-2275 778-593-9954 604-583-9866 604-581-8000 604-503-6929 604-503-1188 silverwoodliving.com 604-288-8918 604-588-6999 604-588-3783 604-440-8070 604-588-5795 604-951-9283 604-951-9283 604-355-0166

From $219,900 From Low $300’s From $344,900 Call From Low $300’s From $349,900 Coming Soon Fr. $345,900 Call for Info Call for Info From $339,000 From $329,900 From $194,900 From $264,900 From $159,900 From $274,900 From $323,000 From $179,900 Incl. GST From $489,900 From $289,900 From $299,800 From $314,900 From $250’s From $159,900 Call for Info From Low $300’s From Low $300’s From $299,900 From $186,900 From $160’s Call From $221,900 Call From $199,900 Call

TH/DU TH TH LR/TH TH LR TH

604-723-4497 604-533-6968 604-538-2125 604-576-1772 604-575-8806 604-530-0054 778-574-0146

From $549,900 From $275,900 From $349,900 From $199,900 From $292,900 From $241,900 From $339,900

VANCOUVER & AREA DOWNTOWN 999 Seymour HR Canvas MR Fairmont Pacific Rim Estates HR Fairmont Pacific Rim Estates HR Keefer 188 LR Keefer Block LR Maddox HR Mark, The HR Modern HR One Pacific HR Pacific Pt HR Private Residences at Hotel Georgia, The HR Rolston, The HR Sapphire, The HR Tate On Howe HR EAST SIDE 238 W Broadway LR Bohème LR Charm LR Cordovan LR Jade LR Kensington Gardens LR Local LR Main Street LR Shine MR Focal LR Shoreline LR Skyway HR Penthouse (PH)

C O N TA C T

604-879-9996 604-875-8508 604-781-4303 604-620-6692 604-620-2018 604-682-8813 604-669-8200 604-687-4353 amacon.com 604-899-8800 604-685-0855 604-682-8107 604-688-8927 604-876-9222 604-568-8283

From $327,400 Coming Soon Call From $349,900 From $239,900 From $269,900 From $389,900 Call From $300’s From $300’s From $349,900 Call Call From $685,000l From $268,000

238westbroadway.ca 604-569-3388 604-330-8838 cordovan.ca 604-338-5233 604-620-7886 604-688-5527 604-877-1116 604-261-3936 604-563-6777 604-434-2205 604-436-1100

Call From $227,900 From $266,900 Coming Soon Call Call From $349,900 From $339,900 Coming Soon Coming Soon $359,900 Call

Live Work (LW)

City Home (CH)

High Rise (HR)

TYPE

C O N TA C T

Triumph TH View 388 LR The Heatley at Strathcona Village MR Wall Centre Central Park HR Woodshire TH WEST SIDE 6 & Fir HR 5555 Dunbar LR W10th & Maple MR/TH Alder Crossing TH/Studios Anchor TH Arbutus Ridge MR Binning Tower HR Block 100 HR Cambie & 7th HR/TH Cambria LR Central HR Elizabeth LR Midtown LR Empire at QE Park LR Granville at 70th HR Kerrisdale Gardens MR Kits360 LR Lido HR MC2 HR Meccanica MR One, The MR/HR Opsal HR Pinnacle Living at False Creek MR Pinnacle Living Broadway MR Prodigy HR Radius LR The Laureates HR Tower Green at West HR Sail MR Shannon Wall Centre Kerrisdale LR Sixth and Willow Village on False Creek, The MR WEST VANCOUVER Evelyn LR WHITE ROCK / SOUTH SURREY Adagio Avra Belcroft, The Blu Breeze Elevate at the Hamptons Essence at the Hamptons Gemini George Grandview Heights Headwaters Heights, The Hycroft Rowhouses Juniper Morgan Heights Morgan Living Newport at West Beach On The Course Promenade Royce Sakura Saltaire Sausalito Southbrooke South Point Walk Summerfield Toccata Winter Street Woods

Mid Rise (MR)

Low Rise (LR)

Loft (LO)

LR HR TH TH TH DU TH LR TH TH LR TH/LR TH SF SF SF LR TH LR LR TH LR MR SF LR/TH SF TH LR TH Duplex (DP)

PRICE

604-563-6200 604-330-8838 604-683-0900 604-874-9232 604-719-1700

From $199,000 From $219,900 From $199,900 From $299,900 From $420,900

604-899-8858 604-568-7551 604-239-2080 604-600-5405 604-738-0001 604-646-1111 604-682-8801 604-568-5060 604-325-2216 604-687-4353 604-687-8800 605-563-3330 604-568-5060 604-687-2298 604-559-9848 604-737-0360 604-872-2672 604-638-9998 604-876-8819 604-874-8368 604-876-7332 604-874-8368 604-739-2080 604-221-8878 604-731-5522 604-871-4474 604-707-9378 604-221-8878 604-267-8882 sixthandwillow.com 604-733-2010

From $449,900 From $349,900 From $429,900 From $290,000 Coming Soon Call From $499,900 Call Call Call Call Coming Soon Coming Soon Call Call Call From $379,900 From $513,900 Call From $349,900 From $349,900 Call From $369,900 From $399,900 From high $300s Call Coming Soon Call Call Call Coming Soon From $414,500

604-922-0330

Call

604-531-6659 From $288,900 604-531-9030 From $319,900 604-568-8830 From $599,900 604-782-5258 From $599,900 incl. GST 604-582-1113 Call 604-723-4497 From $629,900 604-723-4497 From $379,800 604-536-1663 Call 604-571-6400 Call discovergrandviewheights.com 604-535-1451 From $232,900 778-545-8737 From $365,900 605-541-2495 Call liveatjuniper.ca From $769,000 604-560-1053 Call 604-385-0551 From $699,000 604-536-0256 Call 604-385-0111 From $300’s 604-531-1111 From $314,900 604-538-8028 From $314,900 604-538-5588 Call for Info 604-560-1656 Call 604-531-2200 Call 604-805-2941 Call 604-560-3238 From $230’s 604-536-1155 From $684,900 604-535-5088 $354,900 604-364-7455 From $299,900 604-538-8876 From $379,900 Townhouse (TH)

Row Home (RH)

www.macmarketingsolutions.com We sell the homes you want to buy. /MacMarketingSolutions 66 METRO VANCOUVER NEW HOME GUIDE | AUG 22 - SEP 5, 2014

@MAC_Marketing

/MACMSTube

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39 TOWNHOMES 2845 156 Street, Surrey 778-545-8737

ONLY 19 LEFT!

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PRICED FROM $344,900

14356 63A Avenue, Surrey 604-543-6262

PIECE ENSUITE CONDOS

56 TOWNHOMES 13886 62 Avenue, Surrey 778-578-9779

TOWNHOMES PRICED FROM $314,000

4 BEDROOM ROWHOMES & 49 CONDOS

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19201 66A Avenue, Surrey 604-576-1772

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