BC New Home and Condo Guide - Jan 20, 2017

JAN 20 - FEB 3, 2017 VOLUME 2, ISSUE 2, FREE

METRO VANCOUVER EDITION

ABOVE

ALL

ELSE

L I V E AT H AW T H O R N E . C O M

LEGACY EDITION OF THE CAMBIE COLLECTION

INSIDE THIS ISSUE

GOING FOR GOLD: HONOURING BC’S HOME BUILDING INDUSTRY

WHY 2017 IS A GOOD YEAR TO BUY A HOME

SECONDARY SUITES ARE THE “NEW NORMAL”

New Year Bonus On Now

COMING SOON 2 + 3 BEDROOMS

HW Y1

82 AVE

80 AVE

208 ST

200 ST

84 AVE

FREEHOLD MEANS FREEDOM

NOW SELLING

NOW SELLING PRICED FROM $879,900* Many people ask what is the difference between a rowhome and a townhome - isn’t it the same thing? There are in fact many differences between a rowhome and a townhome. Freedom is among the many benefits that a rowhome provides that a townhome simply can’t.     

You own your home and the land No strata fees to pay!

Not part of any strata corporation Main level entry and finished basement for single family feel Homes start from approximately 2,300 sq.ft.

Visit us at the Hycroft sales centre to choose your home!

Open daily from 12-5pm (except Fridays) 16467 24 Avenue Surrey BC V3S 0C4

604 541 2495 hycroftrowhomes.com Any prices exclude taxes. StreetSide Developments reserves the right to make modifications and changes to the building designs, specifications 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. Sales by Qualico Realty. *Before applicable taxes.

contents JANUARY 20 – FEBRUARY 3, 2017 | VOLUME 2 ISSUE 2

16

ON THE COVER

Hawthorne:

Above all else

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

MAPS

trending

22 The Smithe

13

Refined city living

38

Kindred

A sense of place

56 The Guildford at Town Centre

WITH

DYNAMIC

project profiles

LOOK FOR THE CIRCLE

The right place to call “home”

60 The Belmont at Heritage Made in Murrayville

29

Sales Stats

Third-highest selling year on record, Vancouver home sales hot in 2016

Survey Says...

Increase in mortgage fraud, “suspicious” applications

30 Finance

Secondary suites are the “new normal”

by Sonia Bell

+ plus 2 DESIGNER SHOWHOMES - NOW OPEN

40 Homebuyers’ Help

Why 2017 is still a good year to buy a home

by Wayne Karl

2 DESIGNER SHOWHOMES - NOW OPEN

relaxing after a long day at the office to a whole new level.

Before I leave, we take a quick tour of the second showhome where I notice a few of Summit’s standard features that I missed in my haste to get to the rooftop deck: side-by-side garage, main floor powder room, air conditioning on the main living level and master bedroom, luxurious Carrerainspired tile in the ensuite, as well as pre-wiring for audio and security camera on the rooftop patio.

Kitchens also include walkin pantries, centre islands with magazine rack on one end, and even a built-in wine fridge. So be honest, when did you see a townhome with a wine fridge as a standard? Just my kind of culinary and social hub.

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

SPECIAL INSERT

AWARD WINNING BY DESIGN “Last year, Hayer Builders Group was awarded a Canadian Home Builders’ Association (CHBA) National Award of Excellence in the attached home category for Exchange in Langley,” Brandon says as he walks me to my car.

“At Summit, they’ve taken all that knowledge plus feedback from their buyers, then kicked the quality and design up another notch.”

Location

Surrey Builder/Developer

Hayer Builders Group Development

Sales Centre Contact

hayerlifestyle.com or 778.591.6685

Presentation Centre and Two Display Homes Open noon to 5 pm Except Friday 14058 – 61st Ave, Surrey hayerlifestyle.com 778.591.6685

64 AVE

PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani

142 ST

Townhomes 14058 – 61st Avenue, Surrey

138 ST

Home Type

140 ST

Summit

66 Going For Gold

Caroline Andrews

61 AVE 60A AVE

60 AVE

SENIOR MANAGER, CONTENT

Honouring the best of BC’s residential building industry

Summit

by Susan M Boyce

Serious “wow” factor

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt

inspiration

47

Winter White

One of the season’s hottest trends

ART DIRECTOR

Megan Pike

62 What’s Online

More stories, videos and photos

by Elisa Krovblit

advice

18

Home Sweet Home

Housing affordability deteriorates... Again.

by Lydia McNutt

34

Mind Over Mortgage

The four types of home ownership

by Alisa Aragon

46

74

Condo Sense

Expect the unexpected Don’t be blindsided by “surprise” costs

by Cameron McNeill

Hot Properties

CONTRIBUTING WRITER

by Susan Boyce

Yanic Simard

district maps

28 Burnaby/New Westminster 32

Tri-Cities

36

North Shore/Squamish

PRODUCTION MANAGER

Helen Pearce Miguel Cea PRODUCTION CO-ORDINATOR

42 Richmond

Hannah Yarkony

54 Surrey/Langley

by Sara Duck

MEDIA CONSULTANTS

Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103

GRAPHIC DESIGNER

12

Yaletown

DESIGN EDITOR

Justin Salvador

48 South Surrey/White Rock

26 Neighbourhood Profile

Susan M Boyce

SALES COORDINATOR

Vancouver

in every issue

Editor’s Note

Sonia Bell Wayne Karl Elisa Krovblit

Find out what’s new and hot in Metro Vancouver’s real estate marketplace

80 Listings Directory

14

CONTRIBUTING EDITORS

72

Maple Ridge/Pitt Meadows

76

Abbotsford/Chilliwack

Published by

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

information.

CIRCULATION Highly targeted, free distribution system

aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

66

COPYRIGHT 2017 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 publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada.

EDITORIAL Editorial submissions from interested parties will be considered. Please submit to the editor by email to Lydia.McNutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication

Editors’ Notes

Mortgage fraud is on the rise

LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@ypnexthome.ca Twitter: @LydiasTweets

IT LOOKS LIKE RISING HOME PRICES are bringing out the ugly side – or, at least the dishonest side – in some people. Credit reporting agency Equifax Canada reported a 52-per-cent increase in mortgage fraud compared to 2013. Of the mortgage applications that were flagged, 67 per cent were from Ontario and 12 per cent from B.C. Coincidence?

Equifax’s survey also found that one in five Canadians who do not have a mortgage are worried they’ll never own a home because of rising prices, and want to buy a home but can’t because of the down payment. Here’s another interesting tidbit – 13 per cent of Canadians said a “little white lie” on a mortgage application is okay, if it’ll get you the home you want.

To the fibbers out there: aside from being a crime, by lying on your mortgage application, you’re just kidding yourself. If you weren’t approved based on your actual numbers, then what makes you think that you can afford it? It’s no wonder that the Bank of Canada is waving a red flag about rising household debt and Canadians’ ability (or, more aptly, inability) to pay up.

Here’s a word to the wise – make a budget and stick to it. Consider your existing debts, expected mortgage payments, bills and taxes, expenses and lifestyle. Are you secure in your job? How do you envision your life in five years? In 10 years? At retirement? Don’t forget to factor in a potential increase in mortgage interest rates. All things considered, can you afford it?

Don’t overextend yourself in the interest of some extra square footage.

You want to live in your home, not for your home.

YALETOWN

SEE MORE PHOTOS ONLINE

Once dominated by warehouses and rail yards, Yaletown is now one of BC’s hottest ‘hoods boasting revitalized heritage buildings turned fashion and design shops, uber hip restaurants and bars, marinas and parks, lending a beautiful backdrop to the highrise buildings that surround them. Read the full story… nexthome.yp.ca/yaletown

+ get social 12 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

Trending

Third-highest selling year on record Vancouver home sales hot in 2016

DETACHED IN ’16 Active listings - 3,711 Sales - 541 Benchmark Price - $1,483,500 Avg. Days on Market - 49

VANCOUVER AREA HOME SALES hit 39,943 by year end 2016, marking the third-highest year for sales on record.

This represents a 5.6-per-cent drop from 42,326 sales tallied in 2015, and a 20.6-per-cent jump from the 33,116 home sales recorded in 2014.

This puts 2016 in third place when it comes to record sales, behind only behind only 2015 and 2005.

Dan Morrison, president of the Real Estate Board of Greater Vancouver (REBGV) attributes the hot sales and rising prices to low supply and high demand, which “brought more attention to the market than ever before,” he said in the REBGV December sales report.

Metro Vancouver saw 57,596 homes hit the market in 2016, up 0.6 per cent over 2015 and representing a 2.6-per-cent rise from 2014.

“The supply of homes for sale couldn’t keep up with homebuyer demand for much of 2016. This allowed home sellers to raise their asking price. It wasn’t until the last half of the year that prices began to show modest declines,” Morrison said.

TOWNHOMES IN ’16

APARTMENTS IN ’16

Active listings - 826 Sales - 258 Benchmark Price - $661,800 Avg. Days on Market - 40

Active listings - 1,808 Sales - 915 Benchmark Price - $510,300 Avg. Days on Market - 33

“The supply of homes for sale couldn’t keep up with homebuyer demand for much of 2016. This allowed home sellers to raise their asking price.

It wasn’t until the last half of the year that prices began to show modest declines.”

The MLS Home Price Index (HPI) composite benchmark price for all residential properties in Metro Vancouver ended the year at $897,600, down 2.2 per cent over the past six months, but up 17.8 per cent over December 2015.

“As prices rose in the first half of the year, public debate waged about what was fuelling demand and what should be done to stop it,” Morrison said. “This led to multiple government interventions into the market. The long-term effects of these actions won’t be fully understood for some time.”

December 2016 stats at a glance Total homes sold: 1,714 DOWN 39.4% from Dec. 2015 DOWN 22.6% from Nov. 2016 Sales 8.1% below 10-year average New listings: 1,312 DOWN 35.1% from Dec. 2015 DOWN 58.3% from November 2016 Total listings in Dec. 2016: 6,345 UP 5.3% from Dec. 2015 DOWN 24.3% from Nov. 2016

MORE TRENDING ONLINE ypnexthome.ca/news

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 13

Vancouver | Downtown Vancouver SEABUS

W BROADWAY

ARBUTUS ST

DUNBAR ST MA

RIN

ED

R

15

QUEEN ELIZABETH PARK

7 20

6. THE CREEK 95 East 1ar Ave thecreekbyconcert.com

1555 W 8th 604-828-3998 1555w8.com

3. AVALON MEWS 5808 Wales 604-438-5050

4. TATE DOWNTOWN 1265 Howe St 604-568-8283

5. PROXIMITY 2nd Ave & Ont 604-731-3500

14 YPNEXTHOME.CA

STERLING 49th & West Boulevard 604-428-8858

RI

8. AVALON PARK River District Neighbourhood 604-879-8830

9. ETON 5696 Berton Avenue 604-221-8598

10. THE GREY Dunbar and 16th thegreyliving.com

11. 1335 HOWE Downtown Vancouver Onni.com

12. AVENUE ONE Presentation Centre 88 Pacific Blvd. avenueone.ca

13. BELPARK Vancouver Westside 604 891 1281

14. THE SMITHE 1035 Seymour Street 604-689-7003

NEW HOMES: 15. ASTON Oak and 38th 604-418-6809

COMMERCIAL DR

E 49TH AVE

3

13 19 23

SW

7.

E 33RD AVE

E 29TH AVE

E 41ST AVE

W 70TH AVE

2. 1555 WEST EIGHTH

E 12TH AVE

SW AY

22 18

21

88 Pacific Blvd.

604-899-8800

NG

E KING EDWARD AVE

W 57TH AVE

1. ARC

KI

W 41ST AVE

W 49TH AVE

NEW CONDOS:

E BROADWAY

MA

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SE MARIN E

DR

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BOUNDARY RD

SW

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16

GRANVILLE ST

W KING EDWARD AVE

E 1ST AVE

W 12TH AVE

9 PACIFIC SPIRIT PARK

AVE

VICTORIA DR

L AL

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2

MAIN ST

KM

6T

INAL

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OAK ST

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VE HA

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TE R M

MAIN ST

ALMA ST

W 10TH AVE

CORNWALL AVE

VENABLES ST

6 5

KNIGHT ST

REY RD

CAMBIE ST

JERICHO BEACH PARK

LVD

POINT G

W 4TH AVE

W1

14 1 12

4

BR ST WE

UBC

11

E DR

LLOR B

OAK ST

NCE

BURRARD ST

AR IN

CHA

MCDONALD ST

NW M

RENFREW ST

E HASTINGS ST

BURRARD INLET

16. THE REGENT AT KING 21. INTRACORP EDWARD STATION TOWNHOME 523 W. King Edward Ave COLLECTION, 7302-7358 GRANVILLE 604-273-1313 www.intracorp.ca/ 17. OAK + PARK 604-558-5851

18. PRIMROSE

townhomes/c/granville59th/ 604-891-1288

22. BROWNSTONES West 33rd and Cambie 4344 Knight PrimroseVancouver.com 604-620-6616

19. SHAUGHNESSY RESIDENCES

8123 Shaughnessy Street 604 558 5848

20. MCKINNON West Blvd & 48th Ave. mckinnonbycressey.com

23. TUDOR HOUSE 1511 W 8th Ave 778-939-9280

A B O V E

A L L

E L S E

E L I T E M O D E R N R E S I D E N C E S A D J A C E N T T O Q U E E N E L I Z A B E T H P A R K O N C A M B I E S T R E E T Contemporary design and bold architecture intersect as Pennyfarthing Homes introduces Hawthorne – the legacy edition of their distinguished Cambie Collection. A new benchmark for luxury living rising 7 storeys above the park, 1 to 4-bedroom homes are marked by meticulous finishes and tailored detailing. Expansive windows offer sweeping natural light throughout homes with unobstructed views from upper floors.

P R E S E N TAT I O N C E N T R E 3 3 7 3 C A M B I E S T R E E T

604.558.1907

L I V E AT H AW T H O R N E . C O M

SALES BY MLA CANADA REALTY. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERINGS MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT. E.&O.E.

Property Profile | HAWTHORNE

cover story

Hawthorne Above all else THE WAIT IS OVER AND IT’S OFFICIAL:

savvy homeowners have fallen in love with Hawthorne. Located at West 34th Avenue and Cambie Street in Vancouver’s prestigious Westside, this newly released collection of 44 exquisitely appointed residences is poised to become a new benchmark of sophisticated living that continues the success of Bennington House and The Grayson. It’s no wonder attendees at the grand unveiling on January 14 were impressed.

The Legacy Edition of Pennyfarthing’s Cambie Collection, Hawthorne will rise an unprecedented seven storeys — making it the highest residence in this part of the Cambie Corridor neighbourhood. Its striking façade — 16 YPNEXTHOME.CA

featuring extensive window glazing and progressive architectural elements — creates an impressive statement of modern style.

Elite modern style Hawthorne’s display home is a showcase of the sophisticated finishings and meticulous attention to the luxurious quality that Pennyfarthing is known for.

In short, it’s a must see for anyone who wants to celebrate the delights of a sophisticated, urban lifestyle.

Over-height ceilings and expansive windows throughout allow every room to be filled with natural light.

Kitchens offer a modern distinction achieved with contemporary flat-panel cabinetry and premium Bosch integrated

appliances. Select homes will also feature exquisite marble islands with waterfall edge.

Bathrooms incorporate a blend of polished Quartz counters, rich wood cabinetry and seamless glass shower enclosures to create a sleek, minimalist aesthetic — a timeless, harmonious sense of sheer luxury. It all adds up to an enviable lifestyle in one of Vancouver’s most sought-after neighbourhoods.

In addition, owners will have exclusive access to Hawthorne’s 1,600-sq.-ft. common rooftop terrace. A great place to relax and entertain, this lavishly landscaped amenity will overlook Queen Elizabeth Park and provide unobstructed views of the North Shore Mountains and downtown Vancouver cityscape.

Features include an outdoor dining area, communal barbecue, a shared urban garden, and a children’s play area.

Quality you can rely on Built by Pennyfarthing Homes, a trusted local developer with more than three and a half decades of experience in the Metro Vancouver market, Hawthorne continues the tradition of building superior homes that reflect an elevated sensibility and taste: higher quality finishes and construction to give every homeowner increased satisfaction over the years. It’s a legacy that Pennyfarthing Homes — and the people who live in them — can be proud of.

Hawthorne will be located at 4988 Cambie St. adjacent to Queen Elizabeth Park. The presentation centre and display home are open from noon to 5 p.m. daily except Fridays at 3373 Cambie St. in Vancouver. One- to four-bedroom residences that range from 613 to 1,625 sq. ft. as well as an exclusive penthouse collection are available. Be sure to visit soon because time is of the essence — both Bennington House and The Grayson by Pennyfarthing sold out quickly. For more information, visit LiveAtHawthorne.com, email info@LiveAtHawthorne.com or call 604.558.1907.

Enjoy an enviable lifestyle in one of Vancouver’s most sought-after neighbourhoods

Location

Cambie Corridor, Vancouver Builder

Pennyfarthing Development

Hawthorne Home Type

Midrise Sales Centre

3373 Cambie St. Contact

LiveAtHawthorne.com or 604.558.1907 JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 17

Advice | HOME SWEET HOME

Housing affordability deteriorates...

Again.

By Lydia McNutt

MORE ADVICE ONLINE ypnexthome.ca/news/advice

“New mortgage insurance rules may help affordability over time, but 2017 is likely to see a tug of war between these market-cooling policy measures and rising longer-term interest rates, pulling affordability in opposite directions. The net effect of this on the costs of owning a home is unclear at this point.”

SKYROCKETING HOME prices dominated

the headlines in 2016, and it’s no surprise that housing unaffordability remains the news of the day as we kick off a new year. Affordability hit an eightyear low in the third quarter of 2016, according to the latest Housing Trends and Affordability Report issued by RBC Economics Research.

Despite the new mortgage qualification rules and policy changes in BC, which had an overall cooling effect on Canada’s housing markets, RBC reports that housing affordability has continued to deteriorate.

RBC’s housing affordability measure rose for the sixth consecutive quarter nation-wide – up 1.3 percentage points to 44.3 per cent. The higher the measure, the worse the affordability. Leading the pack once again, single-detached homes rose by 1.3 percentage points to 49.4 per cent, followed by condos, up 0.8 percentage points to 35.6 per cent.

To put these numbers in perspective, when you’re applying for a mortgage, lenders combine your total housing costs and calculate what percentage they are of your gross monthly income, known as your Gross Debt Service ratio (GDS).

Under the new mortgage rules, your Gross Debt Service (GDS) ratio – total housing costs including mortgage, property tax and heating – must not exceed 39 per cent of your gross income.

The Total Debt Service (TDS) ratio, which includes total housing costs plus any 18 YPNEXTHOME.CA

other debt payments, must not exceed 44 per cent.

What does this mean? Canadians dreaming of a single-detached, twostorey life should expect to shell out 49.4 per cent of their pre-tax income – providing they earn at least an “average” income. This leaves a 10 per cent gap between the actual cost of home ownership and Ottawa’s new GDS ratio of 39 per cent.

Add to this taxes, living expenses and other debts, and that doesn’t leave much for your rainy-day fund, never mind retirement savings.

To afford a home, Canadians will need to increase their income, or decrease their housing budget – and expectations.

Today, more than ever, creating a realistic budget is key. This will be your first step on the road to home ownership – before you start making your wish list.

Your budget will define what area you can afford to live in, the type of home, and the lifestyle you’ll lead long after your offer is accepted and your boxes unpacked.

Determine what you can comfortably afford. This doesn’t mean the mortgage amount you’ve been pre-approved for. Calculate your monthly mortgage payments, property taxes and utility costs. Then, add your other expenses: student loans, car expenses, and daily costs like groceries, clothes, medical/ dental and the like. Do you have kids, or are you planning to? That’ll cost you

even more. Then, don’t forget about those retirement savings!

Only now can you think about the home itself. Really think about it. Who says the key to happiness is a 2,500-sq.ft. detached house? Maybe your lifestyle is better suited to an urban condo, where you may not need a car and its associated expenses. Weigh the pros and cons, then decide. The perfect home is out there, with something suited to every budget. Maybe you’ll just have to explore some different definitions of “home” to find the right one.

“The third quarter could be a turning point toward improving affordability in the Vancouver area in light of a recent easing in detached home prices, but further deterioration is likely to occur in the near term in Toronto,” according to Craig Wright, RBC’s chief economist.

“New mortgage insurance rules may help affordability over time, but 2017 is likely to see a tug of war between these market-cooling policy measures and rising longer-term interest rates, pulling affordability in opposite directions. The net effect of this on the costs of owning a home is unclear at this point.”

Lydia McNutt is an award-winning writer and senior editor of New Home and Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at YP NextHome, where real estate rules. Email Lydia.McNutt@ypnexthome.ca, and follow Lydia on Twitter @LydiasTweets

PEOPLESCAPE A COMMUNITY DESIGNED FOR LIVING.

River District Vancouver is designed to bring people together. People who want space to play and walk, with places to gather and talk and relax and be part of a cohesive neighbourhood.

Featuring pedestrian-friendly streets, european inspired plazas, urban retailers, parks and other modern amenities, River District Vancouver is designed with human-centred principles that make everyday living easy and enjoyable.

It’s a community you’ll love to come home to.

Avalon Park homes now selling.

Phase two homes will be released soon.

WWW.RIVERDISTRICT.CA

TOWN CENTRE RETAILERS OPENING 2018.

+ MORE

This is not an offering for sale. One can only be made by way of a disclosure statement. E.&O.E.

SALES AND MARKETING BY ICON MARKETING INC. PRICES ARE SUBJECT TO CHANGE. THIS IS NOT AN OFFERING FOR SALE. SALE CAN ONLY BE MADE BY DISCLOSURE STATEMENT. E&O.E. RENDERINGS ARE ARTIST’S CONCEPT ONLY.

C O M M E M O R AT I N G B R I T I S H T R A D I T I O N S I N A RC H I T E C T U R E Known for their dedication to quality and timeless design, Formwerks Boutique Properties presents Tudor House: an exquisite collection of fifteen homes nestled within the tranquil neighbourhood of South Vancouver. These one to three-bedroom and den stacked townhomes are a portrait of classic Tudor-style architecture offering spacious floorplans

N OW S E L L I N G B Y P R I VAT E A P P O I N T M E N T S A L E S G A L L E RY L O C AT E D AT 3 - 1 1 5 1 W E S T 8 T H AV E N U E VA N C O U V E R , B C V 6 H 1 C 5

SKYTRAIN 2 BLOCKS

and stately interiors with convenient proximity to schools, parks, shops and the Marine Drive Canada Line Station.

R E G I S T E R TO DAY INFO@TUDORLIVING.C A 778.939.9280 TUDORLIVING.CA

Property Profile | THE SMITHE

The Smithe Refined city living

by Susan M Boyce

ELEGANT, GRACEFUL, IMBUED with a prestigious combination of high design and amenities, The Smithe’s sales gallery is now scheduling exclusive previews. Meaning, whether you’re a local homebuyer or visiting Vancouver to celebrate Chinese New Year, this is the opportunity you’ve been waiting for.

Iconic location Inspired by the rich heritage of adjacent Yaletown and the contemporary aesthetic of Crosstown, this highly anticipated residence is perfectly situated 22 YPNEXTHOME.CA

in the very heart of Vancouver’s dynamic Arts and Events District. Here, you’re within walking distance to the diverse array of theatres, galleries, and cultural venues that have helped set Vancouver firmly centre stage as one of the world’s great cities.

From the long-beloved Orpheum and Queen Elizabeth Theatres, to stylish newcomers like the Scotiabank Dance Centre, live performances in every genre are just steps away. Movie lovers can be amazed by international offerings found at silver screen venues like the Vancouver

Location

Downtown Vancouver Builder

Boffo Developments Home Type

Highrise Contact

TheSmithe.ca or 604.689.7003

International Film Centre or the intimate Cinematheque.

As the perfect start to an evening out at the theatre, why not savour dinner at one of the many award-winning dining destinations nearby? Later, perhaps a late-night, signature cocktail before strolling home to The Smithe.

All this, plus ever-changing exhibits found at the renowned Vancouver Art Gallery or the emerging art sensations displayed at the galleries including Kostuik Gallery and the Contemporary Art Gallery.

Elevated lifestyle Poised to become one of Vancouver’s true destination addresses, The Smithe’s

interior design is, in a word, exquisite.

Honed natural stone flooring throughout, Sub-Zero and Wolf appliances including an integrated wine temperaturecontrolled storage system, imported custom Italian cabinetry from Binova, plus ensuites featuring a frameless glass shower with flush-set composite stone slab basin and under-lit dual vanities are just a few of the delights that await.

“The hallmark of this residence is Boffo’s meticulous commitment to quality and luxury,” says Scott Trepp, principal of Trepp Design Inc. “The result is a showcase of the sophisticated, classic design found in single-family residences yet with a modern, urban aesthetic.”

He adds that even the colour palettes

are dramatic and unique — inspired by an exotic palisander, or heavily grained walnut. Exterior finishes reference the heritage of nearby historical buildings from the early 1900s.

The Smithe’s 6,000-sq.-ft. sales gallery with 1,400-sq.-ft. display home is now open by appointment only at 1035 Seymour St. in Vancouver. Be sure to check the next issue of New Home and Condo Guide of an insider’s look at the display home.

Don’t miss this rare opportunity. For more information and to book your private viewing, contact The Smithe sales team at 604.689.7003 or visit TheSmithe.ca.

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 23

24 YPNEXTHOME.CA

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 25

Neighbourhood Profile | YALETOWN

YALETOWN

By Sara Duck

ONCE A HEAVILY INDUSTRIAL AREA

dominated by warehouses and rail yards, Yaletown is now one of British Columbia’s hottest neighbourhoods and a frequent stomping ground for celebs. Old heritage buildings have been revitalized into top fashion and design shops, along with uber-hip restaurants and bars. The marinas and parks provide a beautiful backdrop to the highrise buildings that surround the ‘hood.

Lifestyle Like many other Vancouver locales, Yaletown benefits from being surrounded by beautiful, natural scenery.

Another added perk is that this upscale and trendy area is all about the amenities that surround it. Gorgeous landscape, the hottest restaurants, the best shops and everything within walking distance – it’s the place to see and be seen.

26 YPNEXTHOME.CA

The vibe Urban, upscale and hip are three words that describe this highly sought-after neighbourhood. Yaletown’s vibe is fun, young and happening, which explains why so many people and businesses are flocking to this up-andcoming neighbourhood that combines Vancouver’s natural beauty as well as its shiny new offerings.

In the area You just need to walk outside your door to find major amenities like shopping, restaurants, parks and more. This area has a Walk Score of 97 – it’s a walker’s paradise! Of course, you can’t expect to live in such a hip, happening and convenient area without paying a hefty price. Plain and simple, properties don’t come cheap here.

Meet the neighbours While the majority of Yaletown residents are young professionals between 20 and 40 years old, posh penthouse dwellers, families and a growing number of empty-nesters also call this area “home.”

With so much development taking place and slotted to take place over the upcoming years, it’s obvious why the face of this neighbourhood is changing so rapidly.

Dollars & sense Vancouver isn’t considered Canada’s most expensive housing market for nothing – and Yaletown is a classic example of how expensive it can be. An average home is $718,000, which will most likely buy you a bachelor or onebedroom suite at best. Renting the same bachelor or one-bedroom unit here will cost you anywhere from $1,200 to $2,500 a month.

Hot Spots

Planes, trains & automobiles Leave your car behind because Yaletown is a pedestrian paradise. The area also boasts world-class public transit and excellent bike lanes. This urban neighbourhood is an easy walk from the centre of downtown Vancouver, or a quick ferry ride to Granville Island.

Quick Facts » Distance from City Hall: 2.4 kilometres » Average household income: $96,870 » Most common housing type: highrise

Real Estate Market Yaletown has everything going on for its residents, but of course that means that residents pay a premium to live in this exclusive area. Expect big prices but not much square footage.

Because Yaletown consists of many highrise buildings, there are lots of rental options available. Prices for rental accommodations in this area are exorbitant. The trade-off: you are paying for a lifestyle, not just a rental.

Street Corner “Yaletown is a fabulous place to live. It has everything I need all in one spot, and that’s a big part of the reason I love living here. The surrounding nature is quite beautiful too!” –Sharon “The prices may be over the top here, but I feel like I have everything I need at my disposal, and that to me is priceless.” –Tom “Great vibe, great shops and restaurants, great nightlife. It’s the perfect place to live for me.”

–Hannah

Coo Coo Coffee Touted as the best cafe in Yaletown, Coo Coo Coffee has built a strong reputation for its relaxed vibe, fab java and delish homemade goodies. With so much hype, it’s a must try!

Minami This sushi joint is all about creating a relaxed, calm atmosphere as you enjoy amazing, fresh food. The extensive sake selection is a must-try when visiting this delicious restaurant! minamirestaurant.com Ganache Patisserie This is a small taste of Paris in the heart of Yaletown. Ganache Patisserie is known for its beautiful French-inspired desserts, from pain au chocolat to macarons and everything in between. ganacheyaletown.com The Cross This interior decor shop will take your breath away and inspire endless ideas for your home. Enjoy a beautifully curated collection of furniture and accessories, bedding, lighting, and even baby items. thecrossdesign.com Sugarbox Let the professionals at Sugarbox take care of all your aesthetics needs. From manicures and pedicures to waxing and facials, this chic and girlie salon has you covered and will leave you feeling pampered! mysugarbox.com JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 27

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B6. THE COLUMBIA Sales Centre 285 Nelson's Court 604-525-3941

Trending

Increase in mortgage fraud, “suspicious” applications THE LATEST DATA FROM credit reporting

agency Equifax Canada suggests highrisk and suspected fraudulent mortgage activity is on the rise noting a 52 per cent increase in suspected fraudulent mortgage applications since 2013.

According to data from Equifax’s enterprise fraud management solution, ‘Falsified Account Statements’ and ‘Falsified Documents’ were the most prominent application tags, as reported by investigators. The other was ‘Conflicting Information’. Of those applications flagged, 67 per cent were from Ontario while the next highest was 12 per cent from B.C. Equifax also conducted a survey to chart the attitudes and perceptions of Canadians with respect to the current housing market. One-in-five Canadians, who do not have a mortgage, indicated they are nervous they will never own a home because of rising prices and want to buy a home but can’t because of the down payment.

“We’re certainly seeing more mortgage applications being flagged as suspicious by our reporting institutions,” said Tara Zecevic, vice-president, Customer Insight at Equifax Canada. “While we cannot entirely attribute these increases to consumers overstating personal income or falsifying applications, we do want to remind people that there are serious consequences for making false or inaccurate claims on any loan or mortgage applications. Not only will it stretch your finances, it is in breach of your contractual obligations with the lender, and simply put, it’s against the law.”

“There are serious consequences for making false or inaccurate claims on any loan or mortgage applications. Not only will it stretch your finances, it is in breach of your contractual obligations with the lender, and simply put, it’s against the law.”

Little white lies With respect to mortgage fraud, the survey showed: 13% of Canadians indicated they felt it was okay to tell ‘a little white lie’ when applying for a mortgage to get the house they want.

16% said they believe mortgage fraud is a victimless crime 8% admitted to misrepresenting the facts on a credit or loan application The cost of buying a home When asked about housing prices, the results of the Equifax survey showed: 84% believe that the cost of home ownership is too high for first-home buyers today Nearly 30% of Canadians cite ‘more demand than supply’ (29 per cent) and ‘foreign buyers’ (27 per cent), as the main factors driving up home prices BC residents were most likely (compared to other provinces) to cite foreign buyers as the top reason for home prices being driven up (75 per

cent versus 42 per cent for all other provinces, respectively) Examining trust When asked about who they trust in the home-buying experience, the survey showed: 44% of Canadians trust real estate agents the least during the homebuying experience About 25% also distrust homeowners (27 per cent) and home inspectors (26 per cent) 20% distrust mortgage brokers, another 16 per cent don’t trust their bank and equally 16 per cent have little trust in their insurance agent 9% said they trust all professionals involved in the home-buying experience

MORE TRENDING ONLINE ypnexthome.ca/news

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 29

Trending

Secondary suites are the “new normal”

By Sonia Bell WITH THE COSTS OF buying and maintaining a home on the rise, Canadians are increasingly relying on secondary suites to help mitigate the costs of home ownership.

According to a new report by Mortgage Professionals Canada, Canadians who purchased their home within the past two years reflect a “new normal” in the Canadian housing market. Thirty-four per cent of firsttime buyers think it’s important to generate income from their properties, and 13 per cent of homeowners undertook renovations to add space for a rental unit.

The report contains data obtained from various sources, including an online survey of 2,000 Canadians.

According to the respondents, current homeowners renting a secondary suite indicated that it was a necessity, with 24 per cent stating, “I need to rent a room/unit in my home to afford my mortgage,” and 15 per cent acknowledging that they “would have to make major lifestyle changes if [they] did not have rental income.”

“Creating income remains a useful tool for first-time homebuyers,” says Paul Taylor, president of Mortgage Professionals Canada. “People are looking for ways to make owning a home more affordable. Generating income allows them to reduce their mortgage more quickly.” Each year more than one-third of mortgage holders take actions that will shorten their amortization periods, such as creating and renting a secondary suite.

For homes purchased between 2014 and 2016, the average contracted

MORE TRENDING ONLINE ypnexthome.ca/news

amortization period is 22.4 years. The most recent buyers expect that, on average, they will repay their mortgages in 18.8 years, which is 3.6 years shorter than their average contracted period.

There are multiple factors contributing to this “new normal.” Of course, rising house prices, especially in hot markets like Greater Vancouver, have put added pressure on first-time homebuyers to save a larger down payment. Moreover, the new mortgage stress test implemented in October 2016, which has a benchmark rate of 4.64 per cent (far and above today’s actual interest rates), means plenty of prospective homeowners will either have to lower their budget, or continue saving.

“It is too soon to measure the impacts of this policy change,” says Will Dunning, chief economist at Mortgage Professionals Canada and author of the Annual State of the Residential Mortgage Market in Canada report. “The survey finds that among potential homebuyers who expect to be subject to that test, their ability to buy a home will be impaired. As a result, they also expect that there will be negative impacts in the overall housing market and in the broader economy.”

Homebuyers are seeking various avenues to achieve their down payment. Personal savings is still the primary source of their down payments, but homebuyers are more likely now than ever before to rely on other sources, including loans from financial institutions and withdrawals from RRSPs (via the Home Buyers’ Plan). There is also a larger dependence on the “Bank of Mom and Dad,” where new homebuyers receive funds from parents and family members who have enjoyed rapid increases in their home values in the past decade and a half, affording them the ability to assist their children.

Sonia Bell is the digital editor at Yellow Pages NextHome with the inside scoop on what’s trending in real estate, renovation and décor. She has her Masters in Communications, specializing in media, and loves writing about all things real estate.

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THE CENTRE OF AT TENTION

REGISTER NOW: polyhomes.com or 604.871.4192

Mantyla is the final collection of apartment residences within Windsor Gate, Polygon's vibrant master-planned community in the heart of central Coquitlam. Experience sophisticated two and three-bedroom homes and a private, five-star clubhouse within Coquitlam’s most sought-after community. Outside, a range of amenities await — from top-rated schools and the new Evergreen SkyTrain extension, to scenic Lafarge Lake and Coquitlam Centre.

This is currently not an offering for sale. Any such offering may only be made by way of a disclosure statement. E.& O.E.

Advice | MIND OVER MORTGAGE

The 4 types of home ownership

By Alisa Aragon

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE ARE FOUR MAJOR TYPES of home

ownership and it is important to have an understanding of what each of them entails.

Freehold ownership: Freehold, or fee simple, properties are one of the strongest forms of home ownership in Canada. The owner of a freehold interest property has full use and control of the land and the buildings on it, subject to the use of their property which is originated from the zoning bylaws, and permit restrictions set in place by the local city or municipality. A freehold property remains with the title holder unless they transfer it out of their name (sell it) or die.

Strata title: There is a high increase in the amount of condos and townhomes available to purchase in Metro Vancouver and strata ownership is quickly becoming one of the most common forms of home ownership. The strata title form of ownership is designed to provide the exclusive use and ownership of a specific unit or lot within a larger building or development. While the owner of that strata title has full ownership of all the interior elements of their unit, they also share ownership of common areas like halls, grounds, parkades, elevators, etc.

34 YPNEXTHOME.CA

This type of ownership is used for duplexes, apartment blocks, townhome complexes, buildings with residential and retail units (mixed-use properties), warehouses and many other types of buildings. There are some single-family properties that are part of a bare-land strata development, where the owners share the common space and expenses for maintaining those areas that are shared.

Co-operative ownership: Co-operative ownership is very similar to strata title where the owner owns a property containing a number of housing units along with its common area, which some or all members can utilize. The major difference between strata title and cooperative ownership is that, in co-operative ownership, individuals own shares of the entire building and each shareholder is assigned one particular unit in which to reside.

Leasehold ownership: Leasehold ownership most commonly occurs on University Endowment Lands, First Nation reserve land and other areas where the city owns the property. The leasehold interest in an area of land, means that you have the exclusive use of the property occupying that land for a designated period of time. Normally the original leasehold ownership in BC is set for 99 years. It is important to note that this time period is not reset with each new buyer of the property. When buying a leasehold property, it is extremely important to check how much time is remaining on the lease. This is particularly important at the end of the lease, as the owner of the property can choose to resell the leasehold interest, redevelop the land entirely or leave the land vacant.

Alisa Aragon is a Mortgage Expert who develops short & long term strategies that are customized for each client. Her strategies include the best mortgage with the most favourable terms and rates to suit your needs. DLC Mountain View. www.YMSG.ca or aaragon@dominionlending.ca

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Property Profile | KINDRED

Kindred A sense of place Location

Moodyville, North Vancouver Builder

Fairborne Development

Kindred Home Type

Lowrise Sales Centre

133 West 1st St. Contact

kindredmoodyville.ca or 604.770.0791

by Susan M Boyce

THIS IS IT. Your first opportunity

to be part of an evolution in North Vancouver’s Moodyville neighbourhood. Introducing Kindred, a collection of 96 condominium homes brought to you by Fairborne.

“Moodyville is just emerging as a dynamic, pedestrian-oriented neighbourhood,” says Cristy Edmonds, director of sales and marketing at Fairborne. “People love it because it’s close to transit and popular Lower Lonsdale, there’s easy access to shopping and restaurants, and the outdoor recreation is fantastic.”

Edmonds adds that since this will be the first lowrise built in Moodyville, there’s a huge pent-up demand from buyers who want an affordable, stylish alternative to a concrete highrise.

Kindred delivers.

Celebrate style Like every Fairborne home, Kindred is built with meticulous attention to the details that make life easy.

38 YPNEXTHOME.CA

Located on a sunny, south-facing slope just east of Lonsdale, the two five-storey buildings wrap around a lush, south-facing terrace where you’ll find walking paths, a barbecue and dining area, kids’ play area, a bocce lawn and community garden plots. “And the views are going to be amazing — downtown Vancouver and right across the Burrard Inlet,” Edmonds says.

Inside, homes are bright and spacious with nine-ft. ceilings, two-toned cabinetry, entertainment-sized balconies and private decks, plus laminate hardwood flooring throughout main living areas. Kitchens feature quartz countertops and stainless steel appliances by KitchenAid and Fisher & Paykel. And no matter what sized home you decide fits you best, you’ll have a centre island with bar seating for casual entertaining.

Got gear like bikes, skis, skates and camping stuff? No problem. In addition to secure underground parking, each Kindred home comes with bike storage and individual gear lockers. Sounds like Fairborne’s thought of everything.

Kindred will be located in the 600 block of East 3rd Street in North Vancouver. Previews start Sat., Jan. 21 at 133 West 1st St. Homes are priced from the low $400,000s. For more information visit kindredmoodyville.ca or call 604.770.0791.

NORTH SHORE/SQUAMISH/WHISTLER

PREVIEWING NOW

1 & 2 BEDROOM PREMIUM APARTMENT RESIDENCES Kindred embraces the best of life in North Vancouver. Situated in Moodyville, a well-established, family friendly neighbourhood, the premium 1 & 2 bedroom apartment homes boast stunning views, direct access to parks, greenways and transit, and the convenience of being a short stroll from Lower Lonsdale’s shops, restaurants and entertainment.

PRESENTATION CENTRE NOW OPEN 133 West 1 ST Street, North Vancouver

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

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 39

Trending

Why 2017 is still a good year to buy a home

ypnexthome.ca/news

By Wayne Karl

CANADA’S VARIOUS HOUSING markets

The Canadian Real Estate Association provides one, in the form of its average price forecast for this year. For BC, it sees prices in Vancouver falling 7.8 per cent, compared to 8.1 per-cent-growth in 2016. For Ontario, it foresees prices climbing just one per cent, versus shooting up more than 15 per cent last year.

“There will certainly be opportunity for first-time buyers in both markets,” ReMax Vice-President Elton Ash told YP NextHome. “The challenge will be in the higher qualification rates for high-ratio mortgages. Once first-time buyers reset their affordability expectations, they will see price advantages in buying in 2017.”

were regular headline newsmakers last year, and not always for the most positive reasons, from skyrocketing prices in Vancouver and Toronto, to continuing soft conditions in Alberta, to yet further mortgage rule changes courtesy of the federal government.

All of it makes for a growing list of challenges for prospective homebuyers, and might discourage some to delay their purchase.

Rest assured, however, there are reasons why 2017 is still a good year to buy a home. (One important caveat, though: If you can afford it.)

1. Pause for the cause Slowing price growth in Vancouver and Toronto is actually a positive development for would-be buyers.

Spared from year after year of doubledigit home price growth, purchasers will no doubt appreciate a pause, as it may crack open a window of opportunity for them to buy.

Affordability is a serious concern in these two markets. Underlining the matter was a warning from Canada Mortgage and Housing Corp. (CMHC) in October which highlighted that most Canadian housing markets were overvalued, and price growth was to slow through 2018. Home prices have risen ahead of economic fundamentals such as personal disposable income and population growth, CMHC says, resulting in overvaluation in many markets.

And then there’s the low supply, high demand reasoning behind rising prices.

“Escalating prices caused by low supply and strong homebuyer demand brought more attention to the market than ever before,” said Dan Morrison, 40 YPNEXTHOME.CA

MORE TRENDING ONLINE

2. Big Brother is in your corner – really

president of the Real Estate Board of Greater Vancouver.

Personal finance guru Gail VazOxlade has a slightly different view. It’s not lack of supply that’s driving prices up, but rather a shortage of grey matter. “(Supply) is not what is pushing new homes to record prices – stupidity is,” she wrote in a recent Twitter exchange. “#MoreMoneyThanBrains.”

Easy credit, CMHC mortgage backing and “banks’ greed” are the real causes, she says. A significant market correction might be the only solution, “but that’ll just leave a whole lot of people upside down.”

Pause for the cause, instead.

The latest mortgage rule changes introduced by the federal government late last year were intended to stabilize “overheated” housing markets, mostly in Vancouver and Toronto, slow home price growth and keep mortgage indebtedness under control.

What the changes also do, however, is make it more difficult for young Canadians to take that important first home-buying step.

Homebuyers who apply for a highratio mortgage (less than 20 per cent down payment) now have to undergo a “stress test” by qualifying at a rate (4.64 per cent) you may not even actually have to pay (if you qualified for a mortgage at some of the current better rates, say 2.5 per cent).

These changes may mean that your buying power is reduced, but it’s for your own good. The stress test is intended to assure lenders – and yourself – that you could still afford your payments if

interest rates rise. In other words, the changes are intended to protect you from the “stupidity” (Vaz-Oxlade’s words) of borrowing more easy money than you should.

You can also look forward to Ottawa releasing the National Housing Strategy some time in 2017. It is intended to address multiple and varied issues, from affordable housing to rental markets to home ownership, and execute a vision that is equitable across differing economies, markets and conditions.

It’s a tall order, indeed. Such complex and far-reaching challenges are why some critics are skeptical that Ottawa can deliver anything meaningful in the strategy.

But we’ll take a more positive outlook. Canada has never had a national strategy, and given the growing importance – and challenges – of housing, only good can come from the process.

3. Economic mettle Canada has proven its economic mettle time and time again over the last several years. In its Financial System Review in December, the Bank of Canada says the Canadian financial system remains resilient, as the nation’s economy improves.

The proof is in the pudding, in the way of Statistics Canada’s Employment Report from December, which says employment rose by 54,000 for the month, with the unemployment rate at 6.9 per cent. For the fourth-quarter of 2016, employment increased by 0.6 per cent – the largest increase since the second quarter of 2010. For 2016 as a whole, employment gains totaled 214,000 or 1.2 per cent, compared to 0.9-per-cent growth over the same period a year earlier.

Just a bunch of numbers, right? Not exactly.

Housing markets cannot thrive without a strong economy. Economic growth leads to employment growth, which leads to wage growth, which leads to consumer confidence – which all leads to buying homes and household goods.

4. Alberta rebound Housing markets in Calgary and Edmonton remained relatively stable in 2016, with moderate declines in sales and average prices as a result of the extended recovery of the oil sector.

The average residential sale price in Edmonton decreased by two per cent year-over-year, while in Calgary it dropped by four per cent, according to ReMax. Buyer activity is expected to pick up slightly in the second half this year, with improving employment opportunities in the oil sector.

For the province as a whole, the Canadian Real Estate Association says 2016 and 2017 will finish up largely flat in terms of price growth – but this is actually an improvement over a 1.9-percent decline in 2015.

Alberta, no doubt, will take it.

The consensus is that real estate in the province is poised to begin to rebound in the second half of 2017.

On the new home front, housing starts – an important sign of economic health – are starting to rise.

“A member survey showed home starts are expected to rise a modest 5.7 per cent in 2107,” Donna Moore, CEO of

Canadian Home Builders’ Association – Alberta, told YP NextHome. “That optimism likely reflects gains of almost 50 per cent in oil prices last year that are raising consumer comfort levels after a couple of tough years for the economy.”

5. Interest rates Vaz-Oxlade’s concerns notwithstanding, it’s fair to say Canadians have benefited from the prolonged period of historical low interest rates. Most experts don’t see any significant change here for 2017, though some lenders recently inched up rates on some mortgage products.

“It’s no secret that fixed mortgage rates are closely correlated with bond yields,” says Andrew C. MacDonald, a client account manager at Calum Ross Mortgage.

He adds, “We’ve already seen an upward movement in bond yields from historical lows, and most lenders have started to raise interest rates slightly, as a result. The good news is rates are still hovering just above historical lows, which makes now a great time to purchase (or refinance) a home.”

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 41

99

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Richmond | Delta | Ladner | Tsawwassen VANCOUVER INTERNATIONAL AIRPORT (YVR)

DR

NO 3 RD

A1

Richmond Hwy

ALDERBRIDGE WAY

RICHMOND NATURE PARK

91

RICHMOND CENTRE

96 AVE

Westminster Hwy 116 ST

NO 4 RD

A2

GRANVILLE AVE

RICHMOND

CAMBIE RD

LANSDOWNE PARK MALL

A5

WESTMINSTER HWY

NO 6 RD

CAMBIE RD

NO 5 RD

SHELL RD

W AY R KE RU

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BRIDGEPORT RD GRANT MCCONACHIE WAY

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S P LAS H D OW N 10727 Delsom Crescent PAR K sunstonevillage.ca

55

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12 AVE

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T S AW WA S S E N

B EACH G ROVE GOLF C OU R S E

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A5. RIVER PARK PLACE

55 ST

A4. CALLA AT THE GARDENS

No 5 Rd. and Steveston Hwy. 604-271-3331

53A ST

52 ST

Display Home 6160 London Rd., Steveston 604-274-7326

75A AVE 74 AVE

C OAST TSAW WAS S E N I N N

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41ST B ST

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WWW.THEAGENCYREM.COM

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604-453-6600

INFO@THEAGENCYREM.COM

53RD ST

PROJECT SALES AND MARKETING PROFESSIONALS @THEAGENCYREM

6TH ST

28TH AVE 42 YPNEXTHOME.CA

78B AVE

62ND B ST

17

B2. SUNSTONE

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6511 Buswell St ellerichmond.com

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5111 Hollybridge Way 604-233-2633

5550 Admiral Way FINN RD 604-946-8812

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UPDATED Presentation Centre 7671 Alderbridge Way, Richmond Open daily 12-5, closed Fridays or by appointment

NOW SELLING

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· RPP final release of 142 homes featuring 1, 2 and 3 bedrooms

ALIVE WITH COLOUR– RICHMOND’S NEWEST COMMUNITY

GI

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*THE RENDERING DISPLAYED IS APPROXIMATE ONLY. THIS IS NOT AN OFFERING FOR SALE ANY SUCH OFFERING CAN ONLY BE MADE WITH A DISCLOSURE STATEMENT. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION HEREIN WITHOUT PRIOR NOTICE. E&OE.

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NEW TOWERS REGISTER NOW FOR THE UPCOMING TOWERS AT 2 RIVER GREEN

w w w. r i v e r g r e e n . c o m

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

www.rivergreen.com 604.233.2633

Advice | CONDO SENSE

Expect the unexpected Don’t be blindsided by “surprise” costs

By Cameron McNeill

MORE ADVICE ONLINE ypnexthome.ca/news/advice

IN TODAY’S ACTIVE real estate market, you may be required to make a decision on buying your dream home sooner than what you’re comfortable with, as another family could be looking to make an offer on the same home. In fear of losing the home you’ve fallen in love with, you make a quick offer and the home is yours.

Overwhelmed with the excitement of the purchase of your new home, you may have overlooked a few items that you didn’t think about. Unfortunately, it’s usually these overlooked items that will end up costing you money.

Here are just a few things to keep an eye out for:

Closing costs: A costly oversight is typically closing costs. Most purchasers understand that there are closing costs, but underestimate the transaction amount. A good rule of thumb is to set aside three per cent of the purchase price for closing costs.

Utilities and maintenance: There are a number of online calculators that can help you calculate your estimated monthly expenses. This exercise should be completed before you begin looking for a new home, so you know what to expect.

Property taxes: Property taxes are to be paid by every homeowner. The taxes vary from city to city, so it’s important to 46 YPNEXTHOME.CA

know what you can afford. As a firsttime homebuyer, your lender may ask you to pay toward your property taxes every month. The other option is to set money aside so you can make the payment when it is due in July.

Furnishing your home: Can you furnish the space? Will the furniture you have fit, or will you have to buy new items?

Safety: Is the home equipped with an alarm system? What is the crime rate in the neighbourhood? How are your neighbours?

Disclosure statement: If buying new, read through the Disclosure Statement

to make sure there are no surprises. If buying resale, go through any available strata council documentation and ensure you hire a solid home inspector.

Purchasing a home can be a very stressful yet exciting time in your life.

Although you may need to make a quick decision on your offer on a home, you should ensure that you’ve asked yourself these questions ahead of time.

It’s a great way to protect yourself from any surprises after you’ve committed to making a decision this big. Good luck!

MAC Marketing Solutions and BLVD Marketing Group are excited to announce that they are now operating under their new brand – MLA Canada. Visit Mlacanada.com to stay up to date on real estate news.

Inspiration Stockholm sofa, Röstånga white $999 ikea.ca

Acrylic and chrome bar cart $499 homesense.ca

WINTER WHITE

Shaping up to be one of the season’s hottest trends, white on white is clean and elegant. Interest comes from combining pattern, textiles, objects and texture. It’s whimsical, sophisticated, and fills the space with personality.

By Elisa Krovblit

Memphis white rug $399-$1,999 crateandbarrel.ca

MORE INSPIRATION ONLINE

White hashtag $5.50 chapters.indigo.ca

Klere bookcase $899 eq3.com

ypnexthome.ca/news/inspiration

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 47

176TH ST

184TH ST

176TH ST

184TH ST

168TH ST

152ND

South Surrey | White Rock

40TH AVE

SERPENTINE FEN NATURE RESERVE

CR

CRESCENT BEACH / BLACKIE SPIT

ES

CE

R NT

D

99a

99

1

32ND AVE 1 9

6

26TH AVE

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE 11

7

Ki

24TH AVE

5

164TH ST

4 8 3

24TH AVE

ng 168TH ST

152ND ST

16TH AVE

148TH ST

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8

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SOUTH SURREY / WHITE ROCK NEW CONDOS: 1. PRESCOTT CANADA COMMONS 15168- 33rd Avenue

UNITED STATES OF AMERICA 604-541-8092

NEW HOMES: 1. DAWSON + SAWYER OLD SCHOOL 15268 28 Ave

2. DAWSON'S CREEK 16321 15th Ave., Surrey

3. HYCROFT 2 16467 - 24th Ave. 604-541-2495

48 YPNEXTHOME.CA

4. GREENWAY AT SOUTHRIDGE CLUB 15828 Mountainview Dr 604-582-1113

5. SOHO

7.

8.

Preselling from 15879 29A Avenue, Surrey 604-560-6438

WESTSIDE 16422 26th Ave 604-372-0383

Grandview Heights 778-945-2050

6. PLATEAU AT GRANDVIEW HEIGHTS

HUDSON 2427 164th St. 604-542-7088

9.

OLIVIA Presentation Centre 2855 158th St Surrey 604 536 9333

10. THE CROSSING 288 171 Street 604-542-2883

11. ZIRKON 2528 156th St 604-298-3000

Y

HW

HWY #15

9 #9 4 AVE

67 Spacious 2, 3, and 4 bedroom townhomes in South Surrey’s Douglas neighbourhood.

Located on a tranquil country road and backing onto natural park land, The Crossing has been designed to be a respite from the busy world around it. With numerous walking trails nearby and safe residential streets, The Crossing harkens back to a time when kids played freely, and parents were free from worry.

OPEN 12 TO 5 PM DAILY (CLOSED FRIDAYS)

gramercy.ca/thecrossing 604.542.2883

In our continuing effort to improve and maintain the high standard of The Crossing development, the developer reserves the right to modify or change specifications, features and prices without notice. Renderings are an artist’s conception and are intended as a general reference only.

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

CANADA UNITED STATES

Presentation Centre 288 171 Street, Surrey

171 ST

SOMETIMES YOU CAN JUDGE A BOOK BY IT’S COVER.

99

SOUTH SURREY/WHITE ROCK

Finely Appointed 3-Bedroom Townhomes Settled on a quiet residential street in South Surrey, minutes from the heart of Grandview Heights, this collection of 30 finely-appointed townhomes offers an exquisite finishing package.

With more than 2,000 square feet of living space, these homes were designed for entertaining, with grand-scale interiors, rich with modern elegance and contemporary fixtures. This unique and private community of well-designed homes provide an opportunity to live a lock-and-go lifestyle without giving up the luxury of a custom single-family home.

Coming Soon Sign up for f irst in line access. EssenceLiving.com/Evolve

Proud to be Local Brought to you by Essence Properties, a family-run company with over a decade of history building quality homes in the Fraser Valley.

This is currently not an offering for sale. Such an offering can only be made by way of disclosure. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 53

Surrey | Langley 116TH AVE

NO

R

RD

112ND AVE

108TH AVE

12

A3

A4

A1 A2

A6

104TH AVE

104TH AVE

Fr a

se r

W ay

0T

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ST

GR

VE OS

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A11

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GOLDEN EARS BRIDGE

96TH AVE

Hw

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TH

BEAR CREEK PARK

72ND AVE

176TH ST

A8

B3

B7

B9

10

B8 R LO VE

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G

A11 60TH AVE

61A

LANGLEY BYPASS

58TH AVE

56TH AVE

56TH AVE

Fra s

er H

A10

10

GR

SURREY NEW CONDOS: A1. UNIVERSITY DISTRICT 104th & University Dr 604-588-5795

A2. HQ

Surrey City Centre porte.ca/hq

A3. EVOLVE

13328 104 Ave. 604 497 0102

NEW HOMES: A4. DAWSON + SAWYER GUILDFORD THE GREAT 15340 Guildford Dr 778-293-2222

A5. DAWSON + SAWYER KINGS LANDING 8130 - 136A Street

LANGLEY

SERPENTINE FEN NATURE RESERVE

A6. DAWSON + SAWYER GUILDFORD THE GREAT II 10463 158 St, Guildford Dr. 778-293-2222

A7. 99 ASHBURY + OAK 8138 204th Street 604-539-6281

A8. SYNC

14555 - 68th Ave 778-590-7283

NEW CONDOS: B1. THE WEX

20829 77A Ave 604 513 8655

B2. BELMONT

778-277-1611 22084 Fraser Hwy.

NEW HOMES:

A9. SUMMIT

B3. ARCHSTONE

A10. WESTPOINTE

B4. PRESTWICK AT MILNER HEIGHTS

Panorama Heights 778-591-6685 Presentation Centre 604-833-9193

A11. HARVEST AT BOSE FARMS 16488 64 Ave 604-576-7722

A12. THE GUILDFORD

15351 101 Avenue www.theguildford.ca

54 YPNEXTHOME.CA

232RD ST

B4

64TH AVE WATERSHED PARK

216TH ST

208TH ST

B1

RD

99a

200TH ST

184TH ST

168TH ST

A8

192ND ST

80TH AVE

160TH ST

A9

152ND ST

128TH ST

120TH ST

112TH ST

72ND AVE

1a 144TH ST

King George Blvd

80TH AVE

AV E

RD

TYNEHEAD REGIONAL PARK

Fr as

GL OV ER

96TH AVE

216TH ST

GREEN TIMBERS URBAN FOREST PARK

#4 7672 209th Street 604-888-9671

#1-7059 210 St. 604-371-0928

AD

wy

B2 ER

D

48TH AVE

B5. EVERLY GREEN

8217–204B Street 40TH AVE 604-371-3832

B6. GABRIOLA PARK 20298 82nd Ave

B7. ZETTER PLACE 8508 204th St. 778-298-2252

B8. LATTICE AT MILNER HEIGHTS #1-7059 210 St. 604-371-0928

B9. CREST

199938 70 Ave essenceliving.com/crest

Property Profile | THE GUILDFORD

The Guildford at Town Centre The right place to call “home”

Location

Surrey Builder

Tangerine Developments Ltd. Home Type

One- and two-bedroom condos plus 12 two-level townhomes

by Susan M Boyce Contact GUILDFORD – it’s a community rich in

diversity and cultural expression. This is a neighbourhood where everything you crave can be found minutes from your front door. It’s also where you’ll find The Guildford at Town Centre, a five-storey collection of 90 homes coming soon to 101st Avenue, between 152nd and 154th Streets in Surrey.

Stand out from the crowd The Guildford’s dramatic white, grey and black facade is an eye-catching marriage of traditional and contemporary elements, designed to complement the surrounding, mature neighbourhood while still making a bold statement of individuality. It’s a home to be proud of.

Kitchens are the heart of these homes with spacious islands, a sizzling appliance 56 YPNEXTHOME.CA

package, and plenty of storage space.

Be sure to pick up an extra barstool or two as well, because you know you can expect your friends to come calling when you call The Guildford “home.”

Celebrate life Get ready for an active, engaged lifestyle at The Guildford. Shopaholics will find plenty to satisfy any craving at more than 200 stores in nearby Guildford Town Centre, or among the retail offerings that line 152nd Street. Restaurants from casual breakfast to candle-light dining offer a culinary extravaganza sure to keep your taste buds excited, or check out the many international marketplaces including T&T Market when you want to get cooking at home.

Recreation opportunities, too, abound

theguildford.ca or 778.394.8867 in this neighbourhood. Stay fit in any season at the Guildford Rec Centre that counts the city’s only indoor running track among its many enticements. Zip down to the trails at Green Timbers Urban Forest, or hop on your bike to get almost anywhere via Surrey’s extensive cycling network.

The Guildford offers a selection of one- and two-bedroom condominium homes plus 12 two-level townhomes.

Prices are anticipated to start in the high $200,000s.

If this community excites you, register today to receive more information by visiting theguildford.ca or call 778.394.8867.

SH

PING OP

ESS

S

TIAL EN

ON TI

CREA RE

FOOD

HOMES @ TOWN CENTRE

1, 2, + 3 BEDROOM HOMES

COMING EARLY 2017 | REGISTER TODAY

THEGUILDFORD.CA

In our continuing effort to improve and maintain the high standard of The Guildford, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. Door swings are approximate and may change. As reverse and/or mirrored plans occur throughout the development, please see architectural plans for exact details if this is material to your decision to purchase. Renderings are an artist’s conception and are intended as a general reference only. Please refer to disclosure statement for specific offering details. E.&O.E.

FU

N

guildford’s got IT.

140 ST

61 AVE 60A AVE

60 AVE

142 ST

138 ST

64 AVE

SURREY/LANGLEY

New Year Bonus On Now For A Limited Time!

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 59

Property Profile | THE BELMONT

The Belmont at Heritage Made in Murrayville

by Susan M Boyce

IT’S BEEN WINNING hearts and turning

heads from day one. And it’s no wonder.

Located in the heart of Murrayville — still one of my favourite Fraser Valley neighbourhoods — The Belmont at Heritage builds on the success of the award-winning Heritage townhome community built right next door, and offers a rare opportunity to purchase an executive condo residence that lives like a single-family home.

Space for your life “So many people who raised their families here in Murrayville have told us they want to stay in the neighbourhood, but they want more space than a typical condo,” says Brandon Trent, senior project manager with Fifth Avenue Real Estate Marketing. “We’ve responded with larger-than-average floor plans — one with over 1,500 sq. ft. of flexible, efficient space — [resulting in] homes that live like a single-family residence but offer the convenience of lock’n’go living.”

Trent points to one of Belmont’s most 60 YPNEXTHOME.CA

popular — the two-bedroom-and-den E1 plan.

“How often do you find a condo with a Great Room that’s 21 ft. wide?” he asks.

“And that centre island is 10 ft. long — perfect for anyone who loves cooking and entertaining. Plus, you’ve still got room for a formal dining table that will comfortably seat eight to ten people.”

Personally, I confess I instantly fell in love with this plan’s enormous balcony — 21 ft. wide by 10 ft. deep, Trent tells me. With a natural gas outlet for a barbecue or heater, this is where you’d find me savouring the sunsets and dining alfresco in all four seasons. And here’s another unexpected bonus — a true laundry room with side-by-side washer/dryer and more storage space.

Clearly, Infinity Properties has thought of everything.

The Belmont Home Store and model home are now open from noon to 5 p.m. daily except Fridays, at 22084 Fraser Highway in Langley. When you visit, be sure to allow time to have coffee and

Location

Murrayville, Langley Builder

Infinity Properties Development

The Belmont Home Type

Condominiums Sales Centre

22084 Fraser Highway Contact

madeinmurrayville.ca or 778.277.1611

lunch at Porters Bistro or a decadently tasty, home-baked confection from Tracycakes — two of Murrayville’s most treasured eateries.

For more information, visit madeinmurrayville.ca or call 778.277.1611.

UNIT

2 Bedroo

BEL

OCTOBER

C2

C4 C6

C2 C1

C2

E2 E1

B1

E

A1

LEVEL 2 - 3

C2

C5 C6

55

LEVEL 1

C2

C2 C1

B2 E1

B1

E

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ADA

80 AVE

HW

Y

208 ST

200 ST

NS-

72 AVE 68 AVE 64 AVE

210 ST

TRA

Single-family sized hillside townhomes Crest, located in the heart of Langley is a collection of 16 wellappointed 4-bedroom townhomes. Fully loaded with top of the line features every home comes with large designer kitchens, KitchenAid appliances, quartz counters and natural gas features including high efficiency furnace, condensing water heater, range and barbecue outlet.

NOW PREVIEWING

BY APPOINTMENT

EssenceLiving.com/Crest

70 Ave

201 St

Act now to be one of 16 register with

200 St

72 Ave

68 Ave

19938 70 Ave., Langley

Proud to be Local Brought to you by Essence Properties, a family-run company with over a decade of history building quality homes in the Fraser Valley. *Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. Renderings are an artists conception and intended as general reference only.

E.&O.E.

Trending

GOING FOR GOLD Honouring the best of BC’s residential building industry

by Susan M Boyce

DIVERSE, INNOVATIVE AND RESPECTED

around the world, there’s no question that BC’s residential construction industry has what it takes to stand out on the global stage. As a province, it’s known for innovation and commitment to sustainable, intelligent development.

So it’s no wonder BC has a robust awards scene to honour the crème de la crème of builders, renovators and marketers who continue to raise the bar on building excellence.

Here’s an overview of the notable awards throughout the province.

OVATION AWARDS Who: Greater Vancouver Home Builders’ Association (GVHBA) Where: ovationawards.ca Inside scoop: Celebrating its eighth anniversary in 2017, the Ovations have grown steadily year over year and now have more than 40 categories including highrise, lowrise, rowhomes, heritage renovations and accessible renovations.

GVHBA has also taken a number of bold, innovative steps including a specific category for in-fill multi-family projects, another for building science, and one honouring excellence in the growing market for small-scale homes like laneway housing — all showcasing creativity in a highly demanding marketplace.

FRASER VALLEY HOUSING AWARDS OF EXCELLENCE Who: Canadian Home Builders’ Association – Fraser Valley Where: chbafv.com Inside scoop: Aimed specifically at the Fraser Valley subset of the Metro Vancouver market, 2017 will be the first 66 YPNEXTHOME.CA

Tuscan Reflections by Jaheny Custom Homes wowed the 2016 Georgie judges with its lavish outdoor amenities that includes a two-acre trout pond and outdoor dining room with pizza oven

year these awards are presented. The website is a bit difficult to navigate, and although at press time the gala was less than a month away, no finalists had been announced. Presumably these are just growing pains, though, and everything will simply get better for 2018.

VANCOUVER URBAN DESIGN AWARDS Who: City of Vancouver Where: Vancouver.ca/design-awards Inside scoop: Launched in 2016, the inaugural competition honoured 13 examples of architectural excellence and vision that highlight why Vancouver is a city others look to for inspiration. It was a quiet celebration with virtually no advance publicity or media coverage — which was a shame because the sheer beauty, innovation, and outside-the-box design of these entries were outstanding. Hopefully

the City will get the word out more in 2018 when the second awards are scheduled.

VIBE AWARDS Who: Canadian Home Builders’ Association – Vancouver Island Where: vibeawards.ca Inside scoop: Rapidly taking Vancouver Island by storm, 2017 marks the third year for the Vancouver Island Building Excellence awards. Held in Nanaimo, this competition is rapidly becoming the Island’s premier housing event.

CARE AWARDS Who: Victoria Residential Builders’ Association Where: careawards.ca Inside scoop: Originally a chapter of CHBA, this association is now independent, allowing the CARE Awards to now focus exclusively on the talent found in Greater Victoria.

After a strong showing at the 2016 Georgie Awards, Royce by White Rock-based Forge Properties was named best Multi-Family Low to Mid Rise at the CHBA National Awards for Housing Excellence

years, this prestigious, province-wide competition has two unique features: finalists are not announced ahead of time and, whenever possible, judges actually visit shortlisted projects to see them for themselves. There’s a strong emphasis on sustainable, pedestrianfriendly design that integrates public spaces, community amenities and transportation alternatives to reduce private vehicle use.

Located in the heart of Murrayville, Heritage by first-time entrant Infinity Properties took top honours for Best of the Fraser Valley at the 2016 UDI Awards

Innovative movable screens that created a dynamic, ever-changing façade helped 999 Seymour by Townline get gold in the inaugural Vancouver Urban Design Awards

TOMMIE AWARDS Who: Canadian Home Builders’ Association – Central Okanagan Where: chbaokanagan.ca Inside scoop: With more than two decades of history, the Tommies take place in Kelowna and draw entries from throughout the Okanagan. Savvy, sophisticated, and innovative, many of the winners have gone on to strike gold at the Georgies.

GEORGIE AWARDS Who: Canadian Home Builders’ Association – BC Where: georgieawards.ca Inside scoop: One of the oldest housing competitions, a recordbreaking 700+ people were on hand at the Hyatt Regency to applaud last year’s 49 Gold Georgie award winners. The Georgies attract entries from around the province, many of them companies who were previously honoured at a local level.

KEYSTONE AWARDS Who: Canadian Home Builders’ Association – Central Interior Where: chbaci.ca Inside scoop: Kamloops is home base for these awards that turn 12 in 2017.

UDI AWARDS FOR EXCELLENCE Who: Urban Development Institute Where: udi.bc.ca Inside scoop: Held once every two

CHBA NATIONAL AWARDS FOR HOUSING EXCELLENCE Who: Canadian Home Builders’ Association Where: chba.ca Inside scoop: New name, same high standards of excellence. Originally known as the SAM Awards that were established 38 years ago, these awards are a highlight of CHBA’s annual national conference and members responded enthusiastically to the new 2016 program with a record number of nearly 700 entries. Often considered somewhat a west-versuseast competition, the 2016 MultiFamily Low to Mid Rise category was noteworthy in that all five finalists were from Metro Vancouver.

REAL ESTATE FOUNDATION LAND AWARDS Who: Real Estate Foundation Where: refbc.com Inside scoop: With only four categories — private, public, non-profit and Land Champion — the Land Awards are arguably the most diverse and difficult to judge. A fundraiser for non-profit organizations that enable positive change and innovative, sustainable land use in BC communities, the focus is on leadership, innovation and collaboration. It’s a night that honours integrity — doing what’s right, but not necessarily easy.

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 67

NATURAL LIVING ON YORKSON PARK

Spacious move-in ready townhomes now available!

A collection of 3 and 4 bedroom BC cottage style townhomes on Yorkson Park by local award winning developer, Royale Properties.

1,400 to 2,200 Sq. Ft. of living from just $469,900*

Visit our 2 designer display homes today.

gabriolapark.com

Presentation Centre Open Daily 12 to 5pm (closed Fridays)

20298 - 82nd Ave Langley

*Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. Renderings are an artists conception and intended as general reference only. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

PROPERTY Canadian INVESTOR PROPERTY INVESTOR

Vancouver | Toronto | Ottawa | Calgary | Edmonton

Vancouver | Toronto | Ottawa | Calgary | Edmonton

ON STANDS NOW! ON STANDS NOW!

Find your next investment with exclusive opportunities, Find yourreal nextestate investment with insider insights and opportunities, expert tips exclusive real estate designed for theand savvy investor insider insights expert tips PICK UP A COPY TODAY! PICK UP A COPY TODAY! Read the digital issue on

Read the digital issue on

Available at these locations: designed for the savvy investor • YP NextHome street boxes

• Airport lounges • Transportation hubs

• Newspaper insertions

• Street retail racks • YP NextHome street boxes

• Select hotels • Airport lounges • Transportation hubs

• Direct mail • Newspaper insertions

• Street retail racks

• Select hotels

• Direct mail

Available at these locations:

yorkson

yorkson & 4 BEDROOM DELUXE 3TOWNHOMES

NOW SELLING Don’t miss this opportunity to own a new home in the highly sought-after Yorkson Neighbourhood.

Shops at Willoughby Town Centre and Richard Bulpitt Elementary for growing families.

YOU GET • 3 or 4 Bedroom Deluxe Townhome ranging in size from 1,497 to 1,810sq ft.

• Oversized side-by-side garages for big trucks or extra storage

REGISTER TODAY archstone.ca

Contact us 604-888-9671

• Move in ready homes • Walk-out rear yards (select homes) • Modern exteriors with hardi-panel siding • Gas cook top and oven with hoodfan • Custom wine rack built into cabinetry • Built-in coffee system with coffee, espresso or cappuccino options • Double sink in all ensuites • In floor heating in all bathrooms

PLUS SO MUCH MORE.

4-7665 209TH Street, Langley, BC

In our continuing effort to improve and maintain the high standard of Archstone Yorkson, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. Door swings are appoximate and may change. As reverse and/or mirrored plans occur throughout the development, please see architectural plans for exact details if this is material to your decision to purchase. Renderings are an artist’s conception and are intended as a general reference only. Please refer to disclosure statement for specific offering details. E.&O.E.

CEDAR DR

Pitt Meadows | Maple Ridge

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NEW CONDOS:

NEW HOMES:

1. FALCON HOUSE

2. RUXTON VILLAGE

Presentation Center 12011 224th Street 604-477-1500

SEARCH ONLINE ypnexthome.ca

72 YPNEXTHOME.CA

Burnett Street & Haney Bypass 604-380-0300

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LOUGHEED HIGHWAY

7

Hot Properties

Find your next home! These pages feature a few of the latest condo, townhome and single-family properties to keep your eye on in the Metro Vancouver area.

Find more homes at ypnexthome.ca

by Susan M Boyce

LATEST LISTINGS:

THE SMITHE

The Smithe brings new urban sophistication and convenience to life in Vancouver’s Arts and Events neighbourhood

previews and registration SUN TOWERS Home type: Highrise Developer: Belford Properties On the Street: Silver Avenue and Beresford Street, Burnaby On the Web: SunTowersMetrotown.com Info: Great location directly across the street from Metrotown Mall and the newly renovated Metrotown SkyTrain station. A total of 479 richly appointed one-, two- and three-bedroom homes will be offered in two towers, (41 storeys 74 YPNEXTHOME.CA

and 26 storeys). Trend-setting amenities plus a commercial podium comprised of retail and office spaces. Register now.

Club West, Westerleigh’s residents-only clubhouse featuring outdoor pool, hot tub, cinema, and gym.

BRISTOL HEIGHTS

new releases and grand openings

Home type: Townhomes Developer: Polygon On the Street: Westridge Place, Abbotsford On the Web: polyhomes.com Contact: 604.871.4241 Info: Newest collection of townhomes within the master-planned community of Westerleigh. These family-oriented, two- and three-bedroom homes are thoughtfully designed with gourmet kitchens, spa-inspired bathrooms, and stylish laminate hardwood flooring — functional residences that don’t compromise beauty. Step outside your door to run, walk or cycle the Discovery Trail or enjoy

THE SMITHE Home type: Highrise Developer: Boffo Developments Presentation Centre: 1035 Seymour St., Vancouver On the Web: TheSmithe.ca Contact: 604.689.7003 Info: Honed natural stone flooring, SubZero and Wolf appliances including an integrated wine

THE PEAK AT MULGRAVE PARK

SUN TOWER

Final offering of condominium residences at Mulgrave Park is anticipated this spring

BRISTOL HEIGHTS The Sun Tower community is coming soon the Metrotown

Contact: 604.498.4444 Info: The second of three, six-storey buildings in the HQ community is about to begin sales.

Features include a central courtyard and clubhouse with gym, lounge, party room, outdoor wet bar, and barbecue terrace. Steps to parks, SkyTrain and Surrey City Centre. Register now for more information as it becomes available.

QUEENS PARK ESTATE

Bristol Heights is the newest addition to Polygon’s master-planned community of Westerleigh fridge, and imported custom Italian cabinetry are just a few of the exquisite features that define the new level of luxury this residence will introduce to Vancouver’s Arts and Events neighbourhood.

Experience the lifestyle for yourself at the spectacular 6,000-sq.-ft. sales gallery with 1,400-sq.-ft. display home that’s now open by appointment.

THE PEAK AT MULGRAVE PARK Home type: Midrise Developer: British Pacific Properties On the Street: 2989 Cypress Bowl Lane, West Vancouver On the Web: thepeakatmulgravepark.com or mulgravepark.com Contact: 604.925.8002 Info: Located in a private, 10-acre enclave, the

dazzling Mulgrave Park community from West Vancouver-based British Pacific Properties is now selling fee simple, duplex-style homes as well as executive condominium residences (some penthouse homes still available). The final collection of 39 homes in an eight-storey tower that’s unofficially named The Courtney is anticipated to begin sales this spring. Register today at either website to receive more information as it’s released.

Home type: Townhomes Developer: Gord Dhillon and Associates Starting price: $560,900 On the Street: 1110 Ewen Ave., New Westminster On the Web: queensparkestate.com Contact: 604.274.3829 Info: Nine-ft. ceilings, family-friendly kitchens, wide plank laminate flooring and double garages are just some of the features that make these 32 townhomes a winner in the Queensborough neighbourhood. Trendy outlet-style shopping at Queensborough Landing is a mere 10-minute walk away, as are local cafés and conveniences.

DOMAIN Home type: Lowrise Developer: Porte Homes Starting Price: $204,900 On the Street: 140th Street and 105th Avenue, Surrey On the Web: porte.ca/hq

Tell Us Your News: Got a new development you’d like us to showcase? Drop me a note at susan@suntrackercafe.com, and we’ll do our best to get you in the next edition.

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 75

MA SW AY A1

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Abbotsford | Chilliwack

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2180 Gladwin Road 778-255-9990 E YAL

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2555 Ware St. 604-621-5888

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76 YPNEXTHOME.CA

B1

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THOMAS RD

WATSON GLEN PARK

CONNECT WITH EVERYTHING YOU LOVE. RIVERSIDE LIVING IN THE HEART OF THE FRASER VALLEY Family. Nature. Community. Heritage. Everything you value is everything we’ve incorporated into this intimate, pedestrian-oriented neighbourhood. Situated on over 43 acres beside the Vedder River in Chilliwack, River’s Edge naturally blends a country lifestyle with urban amenities. Close to schools, shopping, and recreational facilities, there’s a central pathway connecting to water, allowing you to enjoy natural, unspoiled beauty just steps from your front door. River’s Edge.

See it soon. Shaped by people. Connected by nature.

NOW SELLING LiveRiversEdge.ca 1.604.824.5062 HW

Y

1 KEITH WILSON RD

40 MIN FROM METRO VAN TYSON

PEACH RD

HW Y 1 E XIT NO. 3 RD

DYKE RD

PITT MEADOWS/MAPLE RIDGE

REFINED PARKSIDE LIVING 1 to 4 Bedroom Residences Arriving Early 2017

Mill District enjoys a premier parkside location in Abbotsford’s Mill Lake neighbourhood. Peaceful and connected, nature is at your doorstep with urban conveniences just steps away. Intelligently designed and impeccably crafted, Mill District brings a new level of sophistication to everyday living.

REGISTER TODAY

MillDistrict.ca | 604.621.5888 PRESENTATION CENTRE – COMING SOON Unit 2 - 33323 South Fraser Way, Abbotsford BC This is not an offering for sale. Any such offerings may only be made with a Disclosure Statement. E.&O.E.

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 79

BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT

ABBOTSFORD Allwood Place Cedar Landing Eagle Estates Eagles Gate Falcon Ridge Foxwood Mahogany at Mill Lake Mill District Mount Waddington Straiton Estates BURNABY Arcola Churchill The City of Lougheed Concord Brentwood The Dawson Fulton House Gold House Imperial Ivory Mews Kings Crossing Lougheed Heights Lumina Milano Novella OakTerra Pacifico Paddington Mews Pixel Savile Row Solo District Station Square The Peak Trio Triomphe Veritas Verdi on the Heights COQUITLAM 1123 Westwood Amberleigh Brookmere Charland Dwell24 Foster Ave Rowhomes Kingston Lougheed Mont Bleu Nelson on Foster Novella Parker House Stanton House Sterling

TYPE

CONTACT

PRICE

PROJECT

TYPE

The Ridge at Burke Mountain Phase 2 SF TH TH SF SF SF SF HR MR TH SF

604-260-6797 604-850-5040 604-859-3141 604-309-7729 604-309-0540 604-850-5040 778-255-9990 604-621-5888 604-618-1555 604-850-5040

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

Call From 274,900 inc net GST From $599,900 From $373,500 From $789,000 From $524,900 Call Coming Soon Call Call

604-671-8805 Coming Soon 604-363-2627 Coming Soon 604-328-7128 Call 604-435-1383 From $299,900 dawsonbyamacon.com Coming Soon 604-299-8573 From $419,900 goldhouseliving.com Coming Soon imperialbyamacon.com Now Selling 604-528-6935 From $289,900 cressey.com/kingscrossingbycressey Coming Soon 604-939-2677 Call luminabrentwood.com Coming Soon 604-294-8989 From $298,900 604-536-5777 Call 604-431-6033 Call 604 294 3802 Call 604-438-9922 From $334,900 pixelburnaby.com From $399,900 604-833-1606 Call solodistrict.com Coming Soon 604-438-1113 Call 604-559-5795 Call 604-218-3338 From $249,900 604-828-1373 Coming Soon 604-298-9965 From $389,900 604-563-3020 Call

CONTACT

PRICE

foxridgehomes.ca

Coming Soon

DELTA Delta Rise

HR

604-594-7473

Call

Fairwinds

TH

604-946-8812

From $599,900

Muse

LR

liveatmuse.com

From $199,900

South Pointe

SF

604-584-2908

From $699,900

Sunstone

TH

sunstonevillage.ca

Call

Brio

LR

604-943-8811

Call

Harbour Walk

LR

604-274-7326

Pelican Cove

TSAWWASSEN

TH/DU

604-943-6677

From $589,900

Tsawwassen Heights

SF

604-271-7288

Call

Tsawwassen Shores

SF

604-943-6677

From $499,900

Tsawwassen Springs

SF/LR

604-948-HOME

Call

Archstone Yorkson

TH

604-888-9671

Call

Argyle

TH

liveatargyle.com

Coming Soon

Ashbury + Oak

TH

604-539-6281

From $499,900

Crest

TH

604-318-5167

Call

The Belmont at Heritage

LR

778-277-1611

Call

Everly Green

TH

604-371-3832

Call

Gabriola Park

TH

604-371- 1892

Call

Grace

MR

Coming soon

Hutton

TH

huttontownhomes.ca Coming Soon

Lattice at Milner Heights

TH

604-371-0928

Call

Prestwick at Milner Heights

TH

604-371-0928

Call

Walden

TH

604-561-0889

Coming Soon

The Wex

MR

604-513-8655

Coming Soon

Willoughby West

SF

604-371-0733

Willow

TH

Zetter Place

TH

778-298-2252

Call

The 222

LR

604-767-5913

From $184,900

Edge on Edge 2

LR

604-466-8783

Call

Falcon House

LR

604-477-1500

Call

Kanaka Hill

TH

Magnolia Grove

TH

604-534-1234

Call

Willow

TH

lifeatwillow.com

Call

Ridgemont

TH

604-476-1777

Coming Soon

Ruxton Village

TH

604-380-0300

Call

Station One

LR

778-878-1347

From $164,900

TH

1-888-826-1177

From $319,800

LANGLEY

Call Coming soon

MAPLE RIDGE HR SF HR LR TH TH SF HR HR LR MR LR

604-472-1123 604-514-4359 604-259-5991 604-492-3388 604-620-6616 intracorp.ca 604-514-4359 604-939-2677 montbleu.ca 604-998-8998 604-563-5777 604-945-8741 604-871-2439 604-464-2260

SF Penthouse (PH)

Live Work (LW)

Call Coming Soon Now Previewing Call From $759,900 Coming Soon Coming Soon Call Coming soon Call Call From $429,900 Coming Soon From $689,900

City Home (CH)

High Rise (HR)

Coming soon

Maple Ridge -

MISSION / HARRISON Horizons Mid Rise (MR)

Low Rise (LR)

Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)

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

FIFTHAVE.CA 80 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

NEW WESTMINSTER Brewery District – The Columbia Elliot Lotus Parkside at Victoria Hill The Peninsula The Royal at Victoria Hill Thompson Landing NORTH VANCOUVER Atrium at the Pier CentreView Connaught Edgemont Village Grosvenor Ambleside Juniper at Timber Court Kindred Latitudes Maplewood North Northlands Pinnacle Residences at the Pier Promenade at the Quay Tatlow Trophy at the Pier Seymour Village x61

TYPE

CONTACT

PRICE

HR HR LR HR MR LR SF

604-525-3941 604-662-8009 604-782-1706 604-523-0733 604-544-2258 604-523-0733 604-520-3226

From $289,900 Call Coming Soon Call Call Coming Soon From $476,900

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

604-983-9065 604-998-8540 604-699-0036 604-922-1380 604-988-3617 kindredmoodyvill.ca 604-435-9477 604-727-1594 604-800-2120 604-983-9065 604-986-8862 604-983-9065 604-924-0818 604 971 3181

PROJECT

TYPE

CONTACT

PRICE

Park Residences at Minoru

HR

604-303-8878

Call

Pier, The

LR

604-274-7326

Call

HR/MR/TH

604-303-0148

Call

MR/HR

604-303-0148

Call

Quintet

HR

604-303-8878

Call

Riga

TH

604-715-1250

Call

Riva

MR

604-278-8825

Call

River Green

MR

604-233-2633

Call

River Park Place

MR

604-356-7719

Call

MR/TH

604-233-2633

Call

Vogue

TH

604-715-1250

Call

Westminster Terrace

TH

604-204-1077

Call

Breeze

TH

604-313-4228

Call

Elaho

TH

604-898-2232

Coming Soon

Pinnacle Living at Capstan Pinnacle Living Sorrento

From $379,900 Call Call Call Coming Soon Coming Soon From $469,900 From $378,900 Call Call From $698,000 Coming Soon Call From $699,900 Call

River Inlet

SQUAMISH / WHISTLER

Ocean Crest

SF

604-896-2235

From $1,298,000

ParkHouse

LR

604-567-5433

From $167,900

Ravens Plateau

SF

1-888-852-7575

Call

Ravenswood

SF

604-670-7862

From $800,000

Seven Peaks

TH

604-871-4191

Coming Soon

Summits View

TH

604-892-5888

From $559,900

TH/LR

1-877-344-5566

From $239,000

LR

1-888-852-7575

Call

Aqua University Heights

PITT MEADOWS Orion

LR

www.orionliving.ca

Coming Soon

PORT COQUITLAM Fremont Indigo Parc East Salisbury Lane

TH LR TH

604-552-0319 604-472-9499 604-475-1172

Call Call Call

PORT MOODY Station, The

TH

604-492-3338

Call

SUNSHINE COAST SECHELT

Live Work (LW)

City Home (CH)

TH

604- 885-8556

From $309,900

SilverStone Heights

SF

604-741-1877

From $479,900

SURREY

RICHMOND Alfa HR 604-276-2532 Call Calla at the Gardens MR 604-271-3331 From $300,000s Concord Gardens HR 604-233-7748 From $300,000’s Dahlia at The Gardens MR 604-271-3331 Coming Soon Elle HR 604-273-1313 From low $300’s Empire Living TH 604-244-9622 Call Grand, The HR 604 278 3880 Call Jasmine at The Gardens TH 604-271-3331 Coming Soon Kenstone Gate TH 604-218-3338 From $529,900 Kingsley Estates TH 604-821-1384 Call Kingston Gate TH 604-760-6024 Call Livia TH 604-364-2159 Call Mandarin Walk LR/TH 604-278-0808 Call Monet HR 604-233-7748 From $300,000’s Opal at Richmond Centre HR 604-303-7575 From $464,900 Ora HR 604-278-8838 Call 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 Orchid by Beedie HR info@orchidbeedie.ca Coming Soon Parc Riviera MR 604-231-5900 From Low $200’s Penthouse (PH)

Edgewater at Porpoise Bay

High Rise (HR)

3 Civic Plaza

HR

604-951-3331

Call

Esplanade at Waterstone

LR

604-530-5399

From $219,900

Evolve

HR

604-497-0102

Call

Greenwood Townhomes

TH

604-621-3331

Coming Soon

Guildford The Great

TH

778-293-2222

Call

The Guildford

LR

theguildford.ca

Coming Soon

Harvest at Bose Farms

TH

604-576-7722

Call

Heights

TH

604-618-6175

From $339,900

Highcrest

TH

604-584-7273

From $345,900

HQ

LR

porte.ca/HQ

Coming Soon

The Links Residences

TH

infinityproperties.ca

Coming Soon

Panorama 62

TH

778-885-6700

Call

Park Avenue West

HR

604-583-9866

From $250’s

Park Place Village

TH

604-617-7763

From $359,000

Prime on Plaza

HR

604-498-3888

Call

Sync

TH

778-590-7283

Call

Summit 2015-01-16 11:37 AM University District

TH

778-591-6685

From mid $600’s

HR

604-588-5795

From $233,900

TH

604-833-9193

Call

Westpointe Mid Rise (MR)

Low Rise (LR)

Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)

JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 81

PROJECT

TYPE

VANCOUVER & AREA DOWNTOWN 1335 Howe 188 Keefer Addition Avenue One Burrard Place The Charleson Eventide Fairmont Pacific Rim Estates Oak Flats Private Residences at Hotel Georgia, The Tate Downtown

CONTACT

PRICE

HR LR HR HR HR HR LR HR LR HR HR Trump International Hotel and Tower® Vancouver HR Vancouver House HR

Onni.com 604-620-2018 604-620-6692 avenueone.ca burrardplace.ca 604-689-8535 604-783-1044 604-781-4303 bold.ca 604-682-8107 604-568-8283 604-568-7888 604-893-8958

Coming Soon Call Call Coming Soon Coming Soon Call Call Call Coming Soon Call Starting at $399,900 Call Call

EAST SIDE Avalon Mews Belpark Brownstones Focal Francis Gem, The Grandview Cascades Kensington Gardens Paragon Renfrew & 2nd River District - Avalon Park R+R Skyway Strathcona Gardens Triumph View338 Woodshire

604-438-5050 604-891-1281 604-464-4764 604-563-6777 604-330-8848 liveatthegem.com grandviewcascades.com 604-620-7886 604-688-5566 604-830-3938 604-879-8830 604-434-2205 604-436-1100 604-328-9940 604-563-6200 604-303-8838 604-719-1700

Call Call From $869,900 Coming Soon Call Coming Soon Coming Soon Call Coming Soon From $259,900 Call $534,900 Call Call Call From $219,900 From $420,900

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

TH LR/MR MR LR HR MR MR/TH LR/TH MR TH MR MR TH MR HR MR LR HR LR/HR HR TH TH/MR MR Penthouse (PH)

82 YPNEXTHOME.CA

Live Work (LW)

City Home (CH)

High Rise (HR)

PROJECT

TYPE

CONTACT

PRICE

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604-691-5160 From $679,000 Inc. GST 604-542-2883 Call dawsonsawyer.ca Coming Soon foxridgehomes.ca Coming 2017 EssenceLiving.com/Evolve Coming Soon discovergrandviewheights.com 604-542-7088 Call 605-541-2495 Call 604-538-8895 Call www.dawsonsawyer.ca Call 604-536-9333 Call foxridgehomes.ca Coming Soon 604-560-6438 Call 604-541-8092 From $299,900 zenterra.ca/soho Coming Soon 604-720-7478 From $609,900 604-582-1113 From $420’s 604-833-9193 Call 604-372-0383 Call 604-298-3000 Call

Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)

start your search here.

Whether you’re renting or buying, finding your next home has never been so easy.

2 DESIGNER SHOWHOMES - NOW OPEN

relaxing after a long day at the office to a whole new level.

Before I leave, we take a quick tour of the second showhome where I notice a few of Summit’s standard features that I missed in my haste to get to the rooftop deck: side-by-side garage, main floor powder room, air conditioning on the main living level and master bedroom, luxurious Carrerainspired tile in the ensuite, as well as pre-wiring for audio and security camera on the rooftop patio.

Kitchens also include walkin pantries, centre islands with magazine rack on one end, and even a built-in wine fridge. So be honest, when did you see a townhome with a wine fridge as a standard? Just my kind of culinary and social hub.

AWARD WINNING BY DESIGN “Last year, Hayer Builders Group was awarded a Canadian Home Builders’ Association (CHBA) National Award of Excellence in the attached home category for Exchange in Langley,” Brandon says as he walks me to my car.

“At Summit, they’ve taken all that knowledge plus feedback from their buyers, then kicked the quality and design up another notch.”

Location

Surrey Builder/Developer

Hayer Builders Group Development

Summit Home Type

Townhomes Sales Centre

14058 – 61st Avenue, Surrey Contact

hayerlifestyle.com or 778.591.6685

Presentation Centre and Two Display Homes Open noon to 5 pm Except Friday 14058 – 61st Ave, Surrey hayerlifestyle.com 778.591.6685

140 ST

138 ST

64 AVE

61 AVE 60A AVE

60 AVE

142 ST

2 DESIGNER SHOWHOMES - NOW OPEN

Summit Serious Wow Factor

LET’S GET ONE THING STRAIGHT RIGHT FROM THE BEGINNING. If you’re on the quest for a brand new home with some big-time Wow Factor, you owe it to yourself to check out Summit in Surrey’s Panorama Heights neighbourhood.

Seriously, these three-bedroom and flex townhomes have a whole lot of personality and attitude plus some super-cool features you just don’t see elsewhere.

“Every Summit home has a rooftop patio, and every one of them is structurally engineered to be hot tub friendly.”

- Brandon Trent A LIFESTYLE AS UNIQUE AS YOU “Summit’s location on a sloped property allowed a splitlevel design that’s unique in Panorama Heights,” says Brandon Trent, senior project manager with Fifth Avenue Real Estate Marketing, as he opens the door to the first of two display homes. It takes only seconds for me to realize he’s not exaggerating.

Immediately to my right is a comfortably sized den that I’d instantly be claiming as my home office, but it’s when we arrive at the kitchen where I discover the first of Summit’s truly big surprises. In addition to a well-sized, casual family lounging area that opens directly onto the walk-out back patio, there’s a sunken living room spanning the entire front half of this home.

And if you’re thinking “sunken” means a six-inch dip, think again. This beauty allows a soaring 11-foot ceiling and is filled with natural light from oversized windows with transoms above. There’s even a cool pass-throughstyle opening to the kitchen above so the family cook can enjoy all that sunshine too.

Next we head up to the bedroom level. Two

generously-sized additional bedrooms plus the convenience of side-by-side laundry with built-in fold/ sorting counter that’s an intelligent design feature I seldom see except in single-family homes. Now here’s the coolest part. The master suite is situated at the top of a four-step stairway creating the effect this adult oasis occupies its own, private wing. Sweet… and definitely not what I’d expect.

Still, I know there’s one final detail I just can’t wait to see. I guess my eagerness is showing, because Brandon simply points and says, “it’s up there.” Scampering up the final staircase, I open the door and step onto a massive rooftop deck with barbeque and counter space, picnic table, plus comfy outdoor sofa setting. The view of the North Shore Mountains truly is, as Brandon puts it, “jaw dropping.” I hear myself give a sigh of sheer appreciation.

This is definitely where you’d find me spending many, many happy hours.

“Every Summit home has a rooftop patio, and every one of them is structurally engineered to be hot tub friendly,” Brandon says. Now that takes the concept of

604 436 5550 | imperialbyamacon.com

VISIT THE PRESENTATION CENTRE TODAY 4700 IMPERIAL STREET BURNABY O P E N D A I LY 1 2 - 5 P M ( C L O S E D F R I D AY )

The developer reserves the right to modify the information contained herein without notice. Renderings, views, layouts, specifications, finishes, sizes and prices are subject to change and may not be accurate.

1, 2 AND 3 BEDROOM HOMES & TOWNHOUSES IN THE HEART OF METROTOWN

TA I L O R E D L I V I N G AWA I T S

NOW SELLING

$374,900

Interested parties please register at belparkliving.com or call 604

PR ES ENTATION CEN T RE AT OAK RIDGE MAL L LOCATED AT 4 1ST AVE & C AMBIE ST. (EN T RAN C E OFF OF 41ST ) OPEN DAI LY NOO N – 6 PM EXC EP T FRIDAYS

1 Bedroom $699,900 · 2 Bedroom $989,900 · 3 Bedroom $1,950,900

NOW SELLING

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION HEREIN WITHOUT PRIOR NOTICE. E&OE.

Oakridge Presentation Centre

891 1281

NESTLED BETWEEN LANGARA GOLF COURSE AND WINONA PARK, BELPARK IS RIGHT AT HOME ON VANCOUVER’S WESTSIDE.