MAR 18 - APR 1, 2016 VOLUME 1, ISSUE 6, FREE
METRO VANCOUVER EDITION
INSIDE THIS ISSUE
FEBRUARY BREAKS SALES RECORDS
2016 OVATION AWARD FINALISTS
5 REASONS TO BUY IN 2016
47+ Years, 60+ Projects, Over 4,000 Homes ACT NOW FOR BEST SELECTION!
BY LAKEWOOD
CONDOS 2855 156 Street 778-545-8737 theheightsliving.ca Open Sat & Sun 12 - 5 pm (or any time by appointment)
LAST CHANCET U O FINAL UNITS D L S OREMAIN!
NOW SELLING!
Showhomes open daily (except Fridays) 12-5 pm
TOWNHOMES 5858 142 Street 604-593-3351
brooklynvillageliving.com
TOWNHOMES 14555 68 Avenue 778-590-7283 syncliving.ca
Building a Greater Vancouver
ARAGON.CA/THEPENINSULA
T • ONLY GS
RICES IN • P
DOWN 5%
E PUR LE M A PG E RID
UDE NET CL
Phase 5 Homes Now Available Maple Ridge’s Favourite Community Priced From The Low $400’s * Maple Heights captures the down-to-earth nature you want with everything you’ll ever need. Ideally located close to shops, amenities, schools, restaurants, parks and only minutes from Kanaka Creek and the West Coast Express. It’s the perfect blend of indoor outdoor living with spacious 3 bedroom floorplans, stainless steel appliances, attached garages, generous patios and decks with beautifully landscaped front and back yards. Discover your new Maple Heights home today and live Pure Maple Ridge.
TWO DISPLAY HOMES OPEN DAILY FROM 12-5 PM, EXCEPT FRIDAYS Rainbow Creek
240 St
Way ka na Ka
6 YPNEXTHOME.CA
112 Ave
Kanaka Way & 240th Street, Maple Ridge, BC | 604.380.1215
MapleHeights.ca
* Prices include net GST. See sales representative for more details. Prices and incentives subject to change without notice. E.&O.E.
8窶ズPNEXTHOME.CA
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 9
FORGET WHAT YOU HEARD. LOFTS AREN’T SMALL. THESE HOMES ARE MASSIVE.
OVER
80% SOLD
PORTAGE Portage is a collection of waterfront condo and loft homes. All homes feature a reclaimed brick wall and a built in Bosch coffee maker. Loft homes include rooftop patios and 20’ foot ceilings. MOVE IN READY. 1-3 Bedroom + Den Homes $323,900-$692,900. 778.398.1344 or aragon.ca/portage 260 Salter St, New West
#ARAGONFORWARD
specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.
*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans,
Aragon Properties Ltd.
LIVE. GROW. ENJOY.
KIN
GSW AY
Family-Size Townhomes
THIS IS NOT AN OFFERING FOR SALE. ANY OFFERING CAN ONLY BE MADE WITH A DISCLOSURE STATEMENT. PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE E.&O.E.
SHORT ST
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REGISTER TODAY | BUCCI.COM/VILLO
MAVIS ST ROAYL OAK AVE
COMING SPRING 2016
IMPERIAL ST
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BUILDING TRUST FOR THREE GENERATIONS
contents MARCH 18 - APRIL 1, 2016 | VOLUME 1 ISSUE 6
20
ON THE COVER
Pixel
Burnaby’s picture perfect place to live project profiles
42 Asher
+ online NEIGHBOURHOOD
HOME SEARCH
Fashion forward townhomes in Clayton
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
48 Manarola
Style plus affordability in Surrey
68 Orchid
Urban elegance in the heart of Richmond
WITH
DYNAMIC MAPS
12 YPNEXTHOME.CA
LOOK FOR THE CIRCLE
79
Ellsworth
Quintessential Mount Pleasant
advice
34 Valley Views
Vancouver’s affordability crisis has not hit the Valley by Scott Brown
44 Condo Sense
Kitchens are getting smaller, but more functional by Cameron McNeill
64 Condo Pro
The most important features and upgrades by Barbara Lawlor (continued on page 14)
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Moe Lalani SENIOR SALES MANAGER, WESTERN CANADA
48
(continued from page 12)
70
Mind over Mortgage
What to do with your tax return this year
54 Leap into the Leap Year What the 2016 market has in store
by Alisa Aragon
76
Mortgage Advice
3 steps to buying a home
Don’t let your stuff own you by Hellen Buttigeig
91
buyers’ resource section
60 Hot Properties
Find out what’s new and hot in Metro Vancouver’s real estate marketplace
by Jane Herman
Close to everything in Burnaby
by Susan Boyce
in every issue
Editor’s Note
inspiration Sky blue makes a glorious comeback
trending
28 Fundamentally Speaking 5 great reasons to buy in 2016 by Wayne Karl
38
Ovation Awards Finalists!
All about The Ovations and who is up for this year’s awards by Dawn Sondergaard
52 REBGV February Report Sales records keep on getting broken
14 YPNEXTHOME.CA
Megan Pike CONTRIBUTING EDITORS
Wayne Karl Elisa Krovblit Lydia McNutt (on leave) STAFF WRITERS
Susan M Boyce
58
district maps
18
Burnaby/New Westminster
32
South Surrey/White Rock
40 Surrey/Langley 50 Tri-Cities 56 Abbotsford/Chilliwack 62 Richmond 74
Maple Ridge
78
Vancouver
84 North Shore
MEDIA CONSULTANTS
Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103 Brenda Everitt (on leave) SALES COORDINATOR
Justin Salvador PRODUCTION MANAGER
Bala Gnanapandithan
88 Listings Directory
16 66 The Sky is the Limit
ART DIRECTOR
Yanic Simard
What’s going down online at ypnexthome.ca
Elevator Etiquette
22 Windsor
Stephanie MacDonald
DESIGN EDITOR
82 What’s Online
Condo Life
neighbourhood
EDITOR
by Wayne Karl
by Alyssa Richard
86 Organizing
Edwin Rizarri
GRAPHIC DESIGNER
Miguel Cea PRODUCTION CO-ORDINATOR
Hannah Yarkony Published by
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Copyright covers the contents of this publication and prevents reproduction in whole or in part: offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The views and data expressed by columnists do not necessarily represent those of the publication.
PHASE 3 JUST RELEASED! 2 + 3 Bedroom Townhomes Priced from the low $300’s Sales Centre Open Daily Noon to 5pm (except Fridays) 14555 68th Ave, Surrey, BC sales@SyncLiving.ca 778.590.7283
SYNCLIVING.CA
* This is not an offering for sale. Any such offering can only be made with a disclosure statement. E&OE
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 15
Editors’ Notes
STRIDE AVENUE
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXCLUSIVE PROFILE ONLINE http://nexthome.yp.ca/new-homes-for-sale/bc/burnaby/stride-avenue
Smaller households, smaller homes Canadian households are shrinking, according to Stats Canada. Seven decades ago, the average household consisted of 4.3 people, by 2011, the average size had dropped to 2.5 people per household, albeit, there’s plenty more of us to house. While the majority of Canadian homes built over the last century were created to support larger households, traditionally comprised of two parents with children, nowadays one or two people make up the majority of households, which is why apartment and condo living, in urban areas in particular, has become increasingly popular.
The impact of smaller families on the Canadian housing market has been significant, spurring a dramatic change. The introduction of more rental properties and housing options of all shapes and sizes is effectively servicing smaller households who need affordable options. While larger dwellings are still a need, the next time you see another crane in the air keep this new demographic dynamic in mind. While Canada continues to grow, new housing needs will continue to reshape the cities and homes we live in. Let us know what you think. We’d love to hear from you!
Springtime renewal
STEPHANIE MACDONALD Editor, Yellow Pages NextHome Email: Stephanie.MacDonald@ypnexthome.ca Twitter: @stephmacYP
+ get social 16 YPNEXTHOME.CA
The one thing we can count on, seasons change and spring eventually comes, bringing the promise of warm weather and bright skies. Here at New Home & Condo Guide, you can discover all things real estate in print, online and with our convenient app for any device. Now, you can be keeping up with your new home search no matter where you are. Mortgage rates are also at an all-time
low, so this may just be the perfect time to renew your mortgage, or to get your first mortage to get out of your rental and into your own home. So it’s time to come out of your hibernation and make your new dream home a reality. If you start now you just may be planning your housewarming patio party by the time the sun starts shining in earnest. Happy home hunting!
Interact with us on social media: ypnexthome
Burnaby | New Westminster BARNET MARINE PARK
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5021 Kingsway 604.456.0688
4567 Lougheed Hwy. 604.563.8386 170 - 3355 North Rd 604.563.5777
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NEW HOMES: 7385 Edmonds Ave @ Fulton Ave 604-528-6935
BURNABY LAKE REGIONAL PARK
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Presentation Centre #150 - 3555 North Road
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6377 McKay Ave goldhouseliving.com
Presentation Centre #104 - 552 Clarke Rd 604.939.8868
A9. CAMERON Presentation Centre 150A - 3355 North Rd 604-379-2191
A10. THE PEAK 8955 University High Street 604.559.5795
B3. RIVERSKY Presentation Centre 659 Columbia Street Open Daily 12-5pm 604-522-2583
B4. THE ROYAL 203 – 20 E Royal Ave. 604.523.0733
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Property Profile | PIXEL
cover story
Pixel Picture Perfect SOME CONDOMINIUMS JUST SEEM TO HAVE IT ALL: great location, sizzling
interiors, and eye-catching architecture. One such place is Pixel, a collection of 101 homes coming soon to Burnaby’s Royal Oak neighbourhood. 20 YPNEXTHOME.CA
Designed with an intriguing combination of glass, metallic accents and a rippled HardiPlank siding, there’s a whimsical playfulness to the façades. And here’s a cool feature: from a distance, the entire building begins to appear pixilated — fun, innovative, definitely something fresh and different. Inside, Pixel will showcase the smart design that’s long been a Thind Properties signature. Want a hint? Okay, let’s start with the Europeanstyle kitchens featuring plenty of storage including a flip-up appliance garage to keep your gadgets and gizmos tucked out of sight, retro-chic penny round
Location
Burnaby Builder
Thind Properties Development
Pixel Home Type
Condominiums Contact
pixelburnaby.com
glass backsplash, deluxe stainless steel appliance combination from Blomberg and Fulgor, and even the convenience of a builtin recycling centre. Add in stone bathroom counters, roller blinds throughout, USB plug-ins for your tech gear, wide-plank oak laminate flooring and inviting balconies, and it all adds up to a great blend of style and luxury. After all, you deserve it.
Enviable Setting Located at Kingsway and Gilley, Pixel will be tucked into a quiet, residential area that’s just a short stroll to SkyTrain and almost equidistant from both Metrotown and HighGate Village. Restaurants ranging from “get me on the road quick” to “romantic lingering by candlelight” are found in every direction and sure to satisfy your every craving — meaning you’ve got the best of all worlds when it comes to convenience. When you’re ready to get active, check out the nearby Bonsor Recreation Centre where amenities include yoga, racquet sports and a drop-in gym, or hop on your two-wheeler and explore Highland Trail, an urban pedestrian and cycling trail that takes you all the way to downtown Vancouver or points east. When you’re craving some natural greenery, six major parks are within a three-kilometre radius — including the ever popular Deer Lake Park and Central Park.
Exceptional Opportunity “The Kingsway Corridor is emerging as a dynamic, forward-looking area, so this is a great opportunity to be part of its evolution,” says Thind’s Bonnie Leung. “That’s one of the reasons we’re committed to building smart, affordable, family-friendly homes here — homes that offer flexible floorplans and feel comfortable.” Clearly, Pixel fits the bill on all counts. Every one of these one- and two-bedroom homes is priced under $399,900 — meaning home ownership just got a whole lot easier. Pixel’s presentation centre will open soon, but to be sure you’re one the list for priority view, register online today. Visit pixelburnaby.com, then say hello to your exciting new life. MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 21
Neighbourhood Profile | WINDSOR
WINDSOR Your Guide: Mike Archibald BOUND BY BERESFORD ST. TO THE SOUTH, Oakland St. to the north, Gilley
Ave. to the east and Royal Oak Ave. to the west, this area in Burnaby is like two neighbourhoods in one: a bustling, sprawling commercial area centred around the Kingsway thoroughfare and a quiet, almost serene residential area. Lifestyle Residents in Windsor have it all, you could say: from Wendy’s and Denny’s to peace and quiet, it’s all there in a walk. Kingsway is a slash through the neighbourhood, bringing a plethora of chain outlets to an otherwise very mellow area. There are condos and modest one-floor houses here, and the side streets are calm and clean, but step onto Kingsway and it’s a whole different ballgame. 22 YPNEXTHOME.CA
The Vibe As far as the residential areas to the north go, this is a relaxed, scenic place. The houses are modest, the gardens are pretty and the traffic is sparse. Royal Oak Ave is a thoroughfare, but it shares the classy vibe and has some great condos. It’s the commercial district in the middle that’s the big contrast: loud, crowded and clogged with automotive businesses.
In the Area Windsor Elementary School rests on a quiet street off Imperial St., near the neighbourhood’s eastern boundary. Also within the property is Pui Ying Windsor Chinese School, which offers instruction in Mandarin and Cantonese. Kisbey Park sits on the south side of Oakland St., while on the north side lies the magnificent Deer Lake Park.
Meet the Neighbours Like nearly every Lower Mainland neighbourhood, this is a real melting pot, with ethnicities ranging from East Asian to Caucasian and more. Most immigrants in the area are from China or Taiwan. Families predominate, with the average size being three members, and most of them dwell in small, often quaint, homes.
Dollars & Sense In 2015, Craigslist and Trovit show pretty decent rents around the Royal Oak area: prices hover around $1800 for two bedrooms. For food and drinks, the area is on the less-expensive end of the spectrum, but bear in mind that there’s not a lot of variance in the Lower Mainland.
Planes, Trains & Automobiles Royal Oak Skytrain Station lies at the area’s southwest corner, and Metrotown Station not much further away—for getting in and out of the area, public transit is great. Within Windsor, it’s not so hot, but not so necessary: the neighbourhood is small, and most parts of it are amenable to walking and biking. Not so Kingsway, which is unsafe for bikes and noisy for pedestrians.
Hot Spots 1. Blue Hair Design http://www.bluehairdesign.com/ Ladies, look no further. The hottest hair salon in Burnaby offers a wide range of prices for all the services you need: human hair extensions, Lanza Intensive treatments, and everything in between.
The Good, the Bad & the Rest Go north, and Windsor is a beautiful little place: the streets are quiet, the houses are modest and well-kept, the streets are clean, the vibe is relaxed. But step up to Kingsway and you’re hit with a blast of ugliness and noise: speeding trucks, corporate outlets and disarray. The contrast is jarring, and in itself a bit depressing.
2. Café 106 http://www.cafe106.ca/cafe106.ca/HOME. html “Give yourself a break!” That’s their motto, and they’ll give you that and more: great coffee, Artisan bread and, best of all, a truly eclectic selection of sandwiches. Housemade soups served daily. 3. Indian Wok http://www.indianwok.ca/ That’s right, it’s Indian and Chinese food together at last! This is one literal hot spot, with spices and herbs used to the fullest effect. It’s a taste-bud trip like few others.
Fast Facts » Average Home Price: $$$ » Types of Properties: Detached, single family, apartments, condos, commercial space » Distance from City Hall: 2.2 km
4. Hanwoori Korean Restaurant https://www.facebook.com/ pages/Hanwoori-KoreanRestaurant/123882307652154 One of the finer Korean restaurants in the Lower Mainland, this eatery serves kimchi lovers in and outside of Windsor. They’re also coming for the warm atmosphere and great service.
Real Estate Market It’s the usual market for the suburban Lower Mainland here, with prices in the high range but cheaper than in Vancouver. The Royal Lepage listings in 2015 show single-family detached homes hovering just above the one million
dollar price point, with condos ranging widely, from around two to six hundred thousand. Apartments for rent on Craigslist and Trovit are in the range of $800 and up per bedroom in 2015.
Street Corner It’s a quick walk to the Skytrain, a quick ride into Vancouver, a quick ride back. I like to stop at Café 106 and grab something, usually a coffee in the morning and a coffee after work! –Leonard, drywall taper I like it because it’s quite beautiful. It’s near the lake, and it has another gorgeous park besides. I have my gardening, I take walks, I meet with my friends. I have a good life here. –Patsy (female), retired We have a fairly large social circle here, my wife and I. Our son is at Windsor Elementary, and I think he’s quite happy. Overall our experience here has been great. –Ernest, attorney
5. Kamamarui Ramen https://www.facebook.com/pages/ Kamamarui/345050318954030 Customers swear by this place for the quality of noodles and the rich broth, and also for the fast and friendly service. These folks know how to treat a guest. 6. Ki Tea House Café https://www.facebook.com/ki.teahousecafe Located right by the Skytrain, this is perfect for a quick pick-up or a leisurely social time. Asian-oriented, modern and very cool, it’s known as a great study spot for students. Good bubble tea, too! MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 23
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24 YPNEXTHOME.CA
2016-03-04 2:20 PM
MORE SPACE. LESS MONEY. MAKES SENSE. Centrally located in the heart of New Westminster’s quiet Brow of the Hill community, Westbourne is steps from daily essentials and a short drive or transit ride from Metrotown, downtown and beyond. These homes are designed for comfortable living, with generous floorplans, parking and storage, and exclusive amenities inside and out.
COMING THIS APRIL TWO BEDROOM HOMES STARTING AT
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* Artist’s conceptual rendering. This is not an offering for sale. Any offering can only be made with a disclosure statement. Prices are subject to change without notice. E.&O.E. Based on a 5-year term at 2.99%, with a 15% deposit and 30-year amortization.
ACTUAL VIEW FROM FLOOR 17
NOW SELLING SAVE UP TO $15,000
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PRICE & AVAILABILITY SUBJECT TO CHANGE WITHOUT NOTICE. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE WITH DISCLOSURE STATEMENT. E.&O.E.
Presentation Centre Open daily 12-5pm except Fridays at 8955 University High Street, Burnaby
ARTS R D
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Rising 17 storeys above Burnaby Mountain at the highest point in Metro Vancouver, The Peak at SFU is the tallest concrete tower at Canada’s #1 Comprehensive University. These are the most incredible panoramic views in the province, at the best value in the Lower Mainland.
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Trending
5 reasons 2016 is a good year to buy a home in Canada By Wayne Karl
WHY IS 2016 A GOOD YEAR to buy a
home in Canada? Let us count the ways. 1. Low interest rates In its latest rate announcement on Jan. 20, the Bank of Canada held its target for the overnight rate at 0.50 per cent, citing a setback brought on by a decline in oil and commodities prices. BoC expects the economy to grow by about 1.5 per cent in 2016 and 2.5 per cent in 2017. Some experts, such as Benjamin Tal, deputy chief economist at CIBC World Markets, even anticipated the Bank would reduce the rate. Though it didn’t happen then, he still expects interest rates to remain low through 2016, if not fall. 28 YPNEXTHOME.CA
At least one lender, in Ontario, even recently introduced what it says is the lowest posted fixed mortgage rate on the market – at 1.69 per cent for a oneyear term. The BoC’s next rate announcement is March 9. 2. The upside of down prices When the The Canadian Real Estate Association (CREA) released its latest statistics on Feb. 16, one number jumped off the page and into the headlines: 17 per cent – the rate by which the national average sale price rose on a year-overyear basis in January. “Holy,” prospective homebuyers might have thought, “how will I ever
MORE TRENDING ONLINE ypnexthome.ca/news
be able to buy a home if this keeps happening?” The key thing to look for when you see such news, however, is what’s happening in your market. Real estate is local, not national. You don’t buy the Canadian market, or even a provincial or regional one. You buy one home in one location. Excluding British Columbia and Ontario from CREA’s January stats, the national average sale price actually declined slightly, by 0.3 per cent.
Home Price Index Benchmark Price January 2016
% change 1 month
% change 12 months
% change 3 years
BC Lower Mainland
$681,500
1.8%
19.6%
28.22%
Greater Vancouver
$775,300
1.76%
20.56%
31.58%
Calgary
$444,000
-0.93%
-3.05%
14.29%
Regina
$281,600
1.27%
-0.68%
-7.69%
Saskatoon
$303,100
-0.48%
-2.11%
2.07%
Greater Toronto
$578,400
0.74%
10.69%
27.44%
Ottawa
$328,400
0.07%
1.10%
1.59%
Greater Montreal
$302,000
-0.25%
1.48%
4.04%
Greater Moncton
$159,900
0.67%
6.57%
7.16%
CANADA
$512,600
0.60%
7.73%
18.71%
MARKET
SOURCE: CANADIAN REAL ESTATE ASSOCIATION
Economies and housing sectors in markets such as Calgary, Edmonton and Saskatoon are feeling the pinch of the extended slowdown in oil and gas. For existing homeowners, of course, this isn’t great news, as average home prices in Calgary dropped 3.05 per cent yearover-year in January; in Saskatoon, they fell 2.11 per cent. For prospective buyers, however, this means opportunity. Naturally, buyers might not too jazzed about getting in when prices are dropping, fearing their home’s value will go down after they purchase. But look at the longer term. In Calgary, prices have increased 14.29 per cent over the last three years; in Saskatoon, 2.07 per cent. 3. The hot gets hotter The Toronto and Vancouver housing markets continue to roll along, recording record sales and prices. If you live there and you’re fortunate enough to be able to buy, particularly in the lowrise category, the forecasts for 2016 are for more growth. Again looking at the CREA’s stats for
January, B.C.’s Lower Mainland and the GTA contributed most to the national increase. Greater Vancouver (20.56 per cent) and the Fraser Valley (16.94 per cent) posted the largest gains, followed by Greater Toronto (10.69 per cent). Longer-term performance for these markets is off the charts. Greater Vancouver average home prices rose 20.56 per cent in the last year, 31.58 per cent over the last three years. For the GTA, the figures are 10.69 and 27.44 per cent, respectively. Housing starts – an important indicator of economic health – continue to hum along in Ontario, up slightly in January, according to Canada Mortgage and Housing Corp. Vancouver’s are a little more challenged, holding steady overall, but increasing in single-detached starts and declining slightly in multi-family units in January. 4. History is on your side Have you ever heard the adage, “Don’t wait to buy real estate, buy real estate and wait,” but aren’t sure what it means, exactly?
While there are no guarantees, in short, real estate in Canada is a proven performer over time. Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in eastern Canada have performed well over time, thank you very much. 5. Spring is around the corner Spring in real estate is typically “busy season.” While it’s largely been a mild winter in much of Canada, the warmer weather and longer days generally encourage more activity in the market. Those who were thinking of selling but delayed through the winter months might now throw up that “For Sale” sign. Those looking to buy are similarly more enthused about getting out and looking around when the weather is nicer, and when, coincidentally, listings usually increase. Even on the new-home front, builders often use the spring season to launch new developments, and to add incentives for any remaining inventory in existing communities. MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 29
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BURNABY/NEW WESTMINSTER
P R I VAT E R E S I D E N C E C L U B Welcome to the private rooftop - unlike any other in the city. Exclusive for the use of Modello homeowners, this is the perfect venue to host a larger gathering. This five-star setting features a formal dining area, bar, and catering kitchen. Richly furnished lounges, terraced garden seating areas, and a fully equipped fitness and spa facility create an extraordinary extension to the home. Visit our presentation centre today to view the final opportunities for this outstanding luxury residence.
THE ART OF ELEGANT LIVING
M O D E L LO P R E S E N TAT I O N C E N T R E #118 - 5021 Kingsway, Burnaby | Open daily 12-5pm (closed Fridays) Located on Marlborough, one block west of Royal Oak across from London Drugs on Kingsway
ModelloByBoffo.ca | 604.456.0688
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 31
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South Surrey | White Rock
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NEW HOMES:
1. BEVERLEY
5. DAWSON + SAWYER OLD SCHOOL
1458 Vidol St beverleybycressey.com 604.560.0075
2. SOUTH POINT WALK Open by appointment only 15188 29A Ave 604-560-3238
3. ADAGIO 20th Ave. & 154th St. 604.531.6659
4. HEIGHTS CONDOS 2855 156th Street, Surrey 778.545.8737
15268 28 Ave
6. WESTPOINTE
13. OLIVER 2855 - 158th St. 604-536-9333
14. NOTTING HILL 24th Ave & 165th Street 778-291-2828
11. SAKURA 156th St. & 28 Ave 604-538-5588
16780 22A Ave, 604-648-8065
12. SOUTH RIDGE CLUB
8. HYDE PARK Presentation Centre #30 - 2411 - 160th St 15811-28th Ave 604-506-1852
BY LAKEWOOD
32窶ズPNEXTHOME.CA
24th Ave & 168th Street meetthesmiths.ca
7. THE ESTATES AT SOUTHWOOD
at
16467 - 24th Ave. 604-541-2495
10. THE SMITH
1551 - 130 ST. 604-833-9193
CONDO HOMES
9. HYCROFT ROWHOUSE
Moutain View Dr 604-582-1113
ACT NOW FOR
BEST SELECTION! 2855 156 Street, Surrey | Open Saturday & Sunday 12-5 pm (or any time by appointment) | www.theheightsliving.ca | 778-545-8737
Advice | FRASER VALLEY
Affordability: What the media isn’t telling you The Fraser Valley is both affordable and close by Wave penthouse in Surrey by Rize Alliance
By Scott Brown
MORE ADVICE ONLINE ypnexthome.ca/news/advice
The key fact is, cities further east such as Coquitlam, The Tri – Cities, Surrey, White Rock, Langley and Abbotsford are much more affordable than Vancouver. When we group these cities together with Vancouver, affordability is blown out of proportion and misleading information is created.
THE MEDIA CONSTANTLY portrays
the message that Metro Vancouver is unaffordable, these conversations and articles are often misleading. Let’s take a step back and really consider the facts. All cities considered, the benchmark price for a “typical home” (inclusive of single family, townhome, and condo options) in Greater Vancouver is currently $790,200. What media outlets are overlooking is that this number is drastically skewed by certain areas such as the extremely sought-after West Vancouver ($2,289,400) and Vancouver ($1,080,000). A big oversight, in our opinion. 34 YPNEXTHOME.CA
To put this in perspective: 1. A condo in Fraser Valley has a benchmark price of $204,300 which is 55% less than the Greater Vancouver average. 2. A townhome in Fraser Valley has a benchmark price of $334,400 which is 40% less than the Greater Vancouver average. 3. A single family home in Fraser Valley has a benchmark price of $691,100 which is 46% less than the Greater Vancouver average. Did you know that a recent article mentioned that a growing majority
of Metro Vancouverites no longer commute to Vancouver for work? That makes living in the suburbs more and more convenient. Of course, if you must commute to downtown it’s good to know the government is constantly investing its resources into creating more bus routes and rapid transit options, as well as improving highways and bridges. It is also nice to know downtownlike experiences are being recreated in many city/town centres across the Fraser Valley. So, if you’re a first time buyer thinking you need to move into a small town in the middle of nowhere to afford a home, wait! Spend some time looking at the amazing homes and communities that the Fraser Valley has to offer. Check out the “Find your Home” page on our website. For more of Scott Brown’s ongoing insights about the housing market, check out fifthave.ca.
A boutique collection of hilltop townhomes.
ONLY 5 HOMES REMAIN Nestled on the crest of a hill in the heart of South Surrey is a boutique collection of 57 townhomes. Set on a quiet street, Oliver is walkable to all of life’s conveniences: schools, parks, shops, and restaurants. Modern homes for the modern lifestyle.
PRESENTATION CENTRE
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wbhomes.ca/oliver
SOUTH SURREY/WHITE ROCK
FINAL OPPORTUNITY
LAST CHANCE TO BE A PART OF THE ADAGIO COMMUNITY
Our final home is a large one bedroom + den plan that faces the beautifully landscaped courtyard and enjoys an incredible amount of afternoon sunshine. This spacious home has 784sqft of indoor living space and a 138sqft covered terrace. If you’re looking to downsize comfortably, this plan is an exceptional choice. The 9-foot high ceilings create an
open, airy living space. This home features Boffo’s signature kitchen with full-sized appliances including a 36-inch counter-depth fridge and 5-burner gas cooktop. The hotel-inspired bathroom has radiant heated porcelain tiled floors, underlit floating cabinetry, an oversized soaker tub, porcelain wall tile with mosaic accent inlays and built-in wall niche.
ONE FINAL HOME REMAINING
PRESENTATION CENTRE & STUNNING DISPLAY HOME 1975 - 154TH STREET, SOUTH SURREY BY APPOINTMENT ONLY
604.531.6659 AdagioByBoffo.ca
THIS IS NOT AN OFFERING FOR SALE. SUCH AN OFFERING CAN ONLY BE MADE BY A DISCLOSURE STATEMENT. E&OE.
36 YPNEXTHOME.CA
TOWNHOMES
FROM $269,900
TOWNHOME CONVENIENCE. CONDO PRICING. Your home is your castle. You deserve to be treated like a Royale. Royale Properties is an award-winning builder focused on delivering a customer service approach that gives homeowners peace of mind.
Notting Hill, located in prestigious South Surrey, is inspired by the timeless elegance and artistry of traditional British architecture. Designed for 49 families, Notting Hill offers a limited collection of four distinctive home designs, including single level, one bedroom townhomes, named “The Grand Flats.� Grand Flats are walk-up, single level residences with a street facing exterior front door and private outdoor courtyard entrance. If you are in the market for an affordable new home, you will want to check these out!
nottinghilltownhomes.com Open 12-5PM daily, closed Fridays.
778.291.2828 | 16520 24A Avenue, Surrey
Prices exclude tax and are subject to availability at time of visit and/or to change without notice. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca
Trending
AWARDS SEASON HEATS UP! GVHBA Ovation Award finalists showcase luxury features By Dawn Sondergaard, Director, Marketing Communications, GVHBA
DEMAND FOR REAL ESTATE HAS PLACED A
spotlight on Vancouver’s neighbourhoods. With the world looking on, it is no wonder Vancouver’s builders and renovators are producing some of the best homes found worldwide. It’s an exciting time for the residential construction community, and the seventh annual GVHBA Ovation Awards showcases the best of the best of our region’s builders, renovators and designers. Featuring renovations, custom homes and multi-family developments, the Ovation Awards celebrate craftsmanship and design, highlighting outstanding developments based on creative and functionality of floorplans, environmental considerations, architectural character and curb appeal, amenities, innovative design, and housing choices, to name a few criteria. You can be sure, when checking out an Ovation Award Finalist, you are looking at some of the best developments offered in Metro Vancouver. Multi-family developments and condominiums are in high demand with both those downsizing, as well as first-time homebuyers. Consequently, builders are responding to the changing marketplace. In-house amenities are becoming more sophisticated with spa-like bathrooms, built-in coffee machines and wine bars, plus integrated whole home systems including security and entertainment. This year, several developments are up for a 2016 Ovation Award. Projects featured include private roof top decks, free-standing soaker tubs, over height ceilings, family rooms and state-of-the-art appliances, to name a few world-class touches. Demand for condo and townhome living has never been hotter and Vancouver builders are responding! Here are some finalists:
38 YPNEXTHOME.CA
BEST TOWNHOUSE/ROWHOME COMMUNITY: Less than 1,500 s.f. Adera Development Corporation for Breeze Adera Projects Ltd. Hayer Builders Group for Exchange Platinum Group of Companies for Harvest at Bose Farm BEST TOWNHOUSE/ROWHOME COMMUNITY: 1,500 s.f. and over JDL Homes for Cypress Mews Miracon Developments Inc. for PRIMA Platinum Group of Companies for Harvest at Bose Farm Zenterra Developments Ltd. for Hyde Park BEST MULTI-FAMILY LOWRISE DEVELOPMENT Adera Development Corporation for Sail Adera Projects Ltd. Censorio Development Corporation for Beta Forge Properties Inc. for Royce MULTI-FAMILY HOME BUILDER OF THE YEAR Adera Development Corporation Hayer Builders Group Platinum Group of Companies Zenterra Developments Ltd.
Platinum Group of Companies
Hayer Builders Group
Platinum Group of Companies
Adera Development Corporation
Zenterra Developments Ltd.
Forge Properties Inc. for Royce
Make sure you visit the Ovation Awards’ website – www.ovationawards.ca – to discover all of the finalists and their dreaminspiring projects. While there, vote for your favourite sizzling kitchen in the People’s Choice Award www.ovationawards.ca/ peoples-choice/ – the public determines who wins this coveted award! Voting closes on April 3. Mark you’re your calendars: the Ovation Award winners will be announced the evening of April 23. MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 39
Surrey | Langley
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SURREY NEW CONDOS: A1. THE WAVE
TH 8 - 13303 103A Ave 604-951-9283
A2. MANAROLA
8695 160th Street 604-800-9255
A3. EVOLVE
13328 104th Ave. 604-497-0102
A4. MUSE
9015 120th Street liveatmuse.com
16390 64th Ave. 604-888-5514
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A8. DAWSON + SAWYER GUILDFORD THE GREAT 15340 Guildford Dr 778-293-2222
20211 66th Ave. 604-533-7718
NEW HOMES: B2. HYDE CANYON
A9. DAWSON + SAWYER KINGS LANDING 8130 - 136A Street
A10. HORIZON AT SULLIVAN RIDGE
61 Ave. & 244 Street 604-636-7082
B3. PRESTWICK AT MILNER HEIGHTS 7059 210 St. 604-371-0928
6070 145 Street 778-565-7768
A11. ASHER
A6. CHROMA
A12. SYNC
15628 – 104 Avenue 604-581-5399
ER
NEW CONDOS:
NEW HOMES:
A5. UNIVERSITY DISTRICT
104th & University Dr 604-588-5795
LANGLEY
A7. THE RIDGE AT BOSE FARM
SERPENTINE FEN NATURE RESERVE
AD
wy
7374 194A Street 778-571-9451 14555 - 68th Ave 778-590-7283
WWW.THEAGENCYREM.COM PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600
40 YPNEXTHOME.CA
INFO@THEAGENCYREM.COM
@THEAGENCYREM
/THEAGENCYREM
SURREY/LANGLEY
EXCLUSIVE VIEWS MOVE IN THIS SUMMER OVERLOOKING THE FARMLAND TO THE WEST AND OFFERING STUNNING VIEWS FROM OUR SPACIOUS 2 BEDROOM & DEN RESIDENCES ON THE RIDGE
VISIT OUR BRAND NEW 2 BEDROOM & DEN DISPLAY HOME
THE RIDGE PHASE 4 VIEWS Enchant yourself with the spectacular view of the sun setting over Surrey’s historic Bose Family Farm. Enjoy fresh herbs from the herb garden, work in your garden plot or pottery garden on your own spacious deck. Downsize into a collection of bold new country style residences with single level homes. Amenities include a Country Clubhouse, a Historic Barn, and a carefree lifestyle in your new
16390 64th Avenue, Surrey Presentation Centre Open Daily 12–5 (except Fridays) 604.888.5514
TheRidgeAtBoseFarms.com
168th St
160th St
TWO BEDROOMS FROM $294,900 TWO BEDROOMS & DEN FROM $339,900 THREE BEDROOM & DEN FROM $489,900
152nd St
maintenance free backyard.
64th Ave
THE RIDGE PRESENTATION CENTRE
Prices quoted are for all available phases, exclude taxes and are subject to availability at time of visit and/or to change without prior notice. E.&O.E.
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 41
Property Profile | ASHER
Asher Fashion Forward Townhomes Arrive in Clayton Location
Surrey Builder
Sunmark Developments Development
Asher Home Type
Townhomes Sales Centre
7374 – 194A Street Contact
ashertownhomes.com or 778.571.9451
42 YPNEXTHOME.CA
FRESH AND FABULOUS, Asher has arrived in Surrey’s Clayton neighbourhood. Sporting Georgian-inspired architecture with stone accents, covered front entryways, plus the charm of picket fences and heritage colours, this collection of just 30 townhomes is now move-in ready — meaning all you have to do is pack your stuff and book the moving truck.
Say Yes to Home Ownership “There is a definite lack of townhome supply in this neighbourhood, so people are thrilled that they don’t have to wait for their home to be built,” says Amber Pogue, sales manager. “And when they see the quality and size they’re getting, it’s an easy decision to buy.” Rapidly she lists off just a few of the finishings and details that are wowing buyers from first time homeowners to savvy downsizers: spacious gourmet kitchens, wide-plank laminate flooring in the main living areas, walk-in closets, front and back balconies, and side-by-side garages. Best of all, these homes are affordable — three- and fourbedroom floorplans of up to 2,000 square feet priced from the mid $400,000s.
All About Location When it comes to location, Asher’s got what it takes to satisfy too. There’s easy access to shopping, restaurants, transit and major transportation routes. Schools from K-12 are walking distance, and the property is adjacent to a greenway with a meticulously maintained walking trail that takes you all the way to the Willowbrook Mall or through the nearby farmlands. “And because we’re tucked into a neighbourhood that’s predominantly single-family homes, it feels like a very established neighbourhood,” Amber adds. “It’s quiet, there’s not a lot of traffic, but you can still be in heart of Langley or Surrey’s urban centres in no time.” Asher is located at 7374 – 194A Street in Surrey. Proudly built by Sunmark Developments. For more information and to schedule your personal viewing, visit ashertownhomes.com or call 778.571.9451.
es m o H age r a G ide . f. s S 1 y 5 b ’S 0 , Side up to 2 $ 400 E MID TH ROM F G T IN STAR
First Release
COMING SOON Developed by
Marketing + Sales by
Be inspired. Be one of the few. Life is full of firsts. Be one of the few to get into this limited collection of 30 Boutique Townhomes in the vibrant neighbourhood of Clayton.
Call or register today for a sneak peak 778.571.9451
ASHERTOWNHOMES.COM
Advice | CONDO SENSE
Conquering the small kitchen conundrum Kitchens shouldn’t have to suffer when sacrificing space for location By Cameron McNeill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE CONVERSATION AROUND housing
affordability in Vancouver is a heated one. Every day, we see similar headlines that read “Vancouver Housing Setting New Records for Unaffordability” and “Single Family Detached Homes in Vancouver Out of Reach”. Some residents of Greater Vancouver are considering relocating further east to seek more affordable alternatives, but others are digging deeper into the reasons why they want to stay in Vancouver - location, an abundance of amenities, and the irresistible lifestyle that Vancouver offers. What’s missing in the conversation is how we define a “home”. If you do decide that the location of a condo in Vancouver is more important than a house with a yard, there are things you must look for when thinking about functionality in more compact dwellings. For example, here are some innovations that developers are incorporating into kitchens that you should take note of: Advanced Kitchen Storage » There any many advanced options now available beyond regular shelving and cabinetry. Clever ways to optimize unused spaces are now widely studied, like pull-out pantry units, drawer systems that add multi-tiered levels to 44 YPNEXTHOME.CA
a traditional single drawer, and designs to recoup the lost space in corner cabinetry. » Multi-functioning kitchen islands that act as a workstation and gathering place, as well as incorporating storage, expandable seating and integrated appliances. » Hidden charging stations to store devices like phones and tablets so they’re easily accessible, and always charged up and ready to go. Compact Kitchen Appliances » As kitchens have shrunk, so have appliances, but without the sacrifice of performance. » There are now many 24” – 30” refrigerators on the market that are beautifully designed, have lots of interior space, with depths that are flush with countertops. » Dishwashers are now widely available in sizes as narrow as 18”. We’ve found that many people run their dishwashers half full, so having a
smaller dishwasher actually reduces cost while increasing efficiency » Appliance walls that incorporate fridges, wine racks, microwaves, and ovens, so that storage and counter space can be fully maximized » Built-in, wall-plumbed coffee machines instead of counter-top appliances to save space (and they look cool too!) The kitchen is the heart of a home, whether small or large. It is where meals are created, where guests congregate. An area full of energy, texture and aroma. When functionality is increased in the home, the square footage of the home can no longer the deciding factor, and the focus can shift to enjoying life, closer to the city. Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Email him at cm@macmarketingsolutions.com or follow him on Twitter @mac_marketing
SURREY/LANGLEY
20 HOMES SOLD IN 8 WEEKS Hyde Canyon is an exclusive and carefully planned community encompassing 64 estate homes woven into a magnificent natural setting. HOMES FROM $1,300,000.
4 SPECTACLUAR FULLY FURNISHED SHOW HOMES Open Saturday to Wednesday, 1-5 pm – located at 24455 61 Avenue 604 636 7082 hydecanyon.com
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 45
CAN
ADA
80 AVE 72 AVE 68 AVE 64 AVE
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200 ST
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210 ST
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NOW SELLING
1 Bedrooms starting at $196,900 2 Bedrooms starting at $292,900 4 Townhomes starting at $449,900
A HOME THAT MAKES SENSE 1 BED – 2 BED + DEN CONDOS Everything about Muse is just right — from the location and timing to the quality, variety of floor plans, and exceptional value. The mid-rise building is centrally located in North Delta, an area that is being revitalized with a vibrant mix of new residential and commercial development. Suites are spacious and beautifully finished, with stunning city and mountain views. Fitness and social amenities complete the Muse lifestyle, and there’s retail convenience at your doorstep. It’s everything you wanted, and an opportunity you can’t afford to miss.
778-590-8178
LIVEATMUSE.COM
PRESENTATION CENTRE This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O.E.
9015 120th St, Delta, BC Open Daily 12–5pm Closed Fridays
Property Profile | MANAROLA
6 MORE PHOTOS ONLINE ypnexthome.ca/manarola
Manarola Style. Design. Home. Location
Surrey Builder
Pioneer Group Development
Manarola Home Type
Condominium Sales Centre
8733 – 160th Street Contact
manarolahomes.com or 604.800.9255
HEAR THAT SOUND? It’s the buzz of excitement as happy homeowners move into their new apartment residences at Manarola in Fleetwood. And with seven sales in the first two weeks of February alone, you can bet the remaining homes won’t last long. “People tell us they love the finishings, the colours, and the Italian-inspired architecture,” says Gerry Metheral, president of The Pioneer Group. “And because the building is now complete and fully landscaped, you can actually walk through all the remaining homes and visualize exactly where your couch or your favorite painting will look best.”
Welcome Home Inside, Manarola homes have an easy-going, casual flair that’s sophisticated, airy and oh-so-inviting. There’s space here — lots of space for the things that matter. “And because we offer such a wide range of floorplans, there’s something to satisfy everyone; from first time buyers just starting out on the homeownership ladder, all the way to downsizers who want larger homes plus lock’n’go convenience,” Gerry notes. “It makes a very diverse, lively community.”
48 YPNEXTHOME.CA
Fantastic Location Ready to talk convenience? Manarola’s ready to oblige with a diverse array of nearby city-savvy amenities including Esquires Coffee, the famous Two EEs Market, the Surrey Sports & Leisure Centre, parks, schools, four golf courses, transit and cycling routes. Plus there’s the Fresh Street Market just up the road — a gourmet urban grocer that many locals say is where you’ll find one of the best bakeries in the Fleetwood neighbourhood.
Last Chance With a 35-year legacy of building exceptional homes as well as commercial and institutional properties, Gerry says he’s looking forward to retiring when the final homeowners move in at Manarola. “The Pioneer Group has built over 2,000 homes throughout Surrey, Delta, New West and Vancouver,” he says. “That’s something I’ll always be proud of — especially when I drive past and my grandchildren say: ‘look, that’s one of granddad’s houses’.” The Manarola presentation centre is open noon to 5 p.m. daily except Fridays at 8733 – 160th Street in Surrey. Prices start at $231,900 with net GST included. For more information, visit manarolahomes.com or call 604.800.9255.
SURREY/LANGLEY
MOVE IN NOW! A dazzling collection of 51 condominium homes designed by award winning Creekside Architects. Located in the delightful Fleetwood “Village” neighborhood… a vibrant, pedestrian friendly community with everything at your doorstep, excellent schools, proximity to great shopping, restaurants, major transportation routes and recreational facilities galore.
75% SOLD!
Come by before we are Sold Out! 7 Sold in the last 3 weeks!
PRICES START FROM
$229,900
INC. NET GST
604-800-9255
#203 - 8733 160th St, Surrey
looking for a new home? It’s only a tap away. Find the perfect new home or condo in the neighbourhood that fits your lifestyle. S TART S EARCHI NG NOW!
DOWNLOAD THE APP
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 49
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520 Como Lake Ave Presentation Centre #104 - 522 Clarke Rd 604-939-8868
A2. CHARLAND 2102 - 963 Charland Ave 604-492-3388
A3. UPTOWN2 bosaproperties.com 604-939-2677
A4. EVERGREEN 3007 Dlen Drive 604-942-2672
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NEW CONDOS:
123RD AVE
PORT COQUITLAM A5. NOVELLA 711 Breslay St Presentation Centre #170 - 3355 North Rd (at Cameron St) 604-563-5777
A6. UNION Presentation Centre 507 North Road 604-492-1859
A7. LOUGHEED HEIGHTS Presentation Centre 581 Clarke Road (at Como Lake Ave) Open daily noon to 5pm 604-939-2677
A8. BURQUITLAM CAPITAL 513 Clarke Road 604-681-8220
A9. LLOYD AT WINDSOR GATE 3096 Windsor Gate 604-942-8416
NEW CONDOS: B1. ORCHID
GOLDEN EARS BRIDGE
2455 Wilson Ave. 604-866-4206
B2. FREMONT GREEN Fremont Connector 604-468-0084
B3. PRIMA #110 - 2255 Wilson Ave 604-945-3999
NEW HOMES: B4 FREMONT INDIGO 2332 Ranger Lane 604-552-0319
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1 BEDROOM HOMES FROM JUST $197,900
THAT LAST GREAT PLACE TO CALL HOME Now that Lougheed, Burnaby and Port Moody have been extensively developed and housing prices seem beyond reach to many, there is still one great place to live: Burquitlam. Located just on the border of Burnaby and Coquitlam, Burquitlam is the last community to be developed with its own SkyTrain station. And at the heart of it all, less than a three-minute walk from the new Burquitlam SkyTrain Station, is The Burquitlam Capital: that last great place to call home, where everything you’ve been searching for is finally within reach.
Be among the first to receive news, updates and your exclusive VIP Preview Invite
REGISTER NOW at burquitlamcapital.com
This is not an offering for sale. Any offering for sale can only be made after a Disclosure Statement has been filed with the Superintendent of Real Estate. Any renderings, sketches, layouts, finishes and other descriptions of the development on this advertisement or elsewhere are preliminary only and are subject to change. Registration through the website serves only to give the person registering an opportunity to receive certain updates regarding the development. Registration does not give the person registering a right to acquire a strata lot and does not assure the person registering that he or she will be given priority in relation to any other interested persons. E.&O.E.
Trending
Onward and Upward…
2016 was the highest selling February on record for the Metro Vancouver housing market.
RESIDENTIAL PROPERTY SALES in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 homes sold. Last month’s sales were 56.3 per cent above the 10-year sales average for the month and rank as the highest February sales total on record. “We’re in a competitive, fast-moving market cycle that favours home sellers,” Darcy McLeod, REBGV president said. “Sustained home buyer competition is keeping upward pressure on home prices across the region.” New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,812 in February 2016. This represents an increase of 7.1 per cent compared to the 5,425 units listed in February 2015 and a 30.8 per cent increase compared to January 2016 when 4,442 properties were listed. “We’re beginning to see home listings increase as we head toward the spring market, however, additional supply is 52 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
still needed to meet today’s demand,” McLeod said. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,299, a 38.7 per cent decline compared to February 2015 (11,898) and a 10 per cent increase compared to January 2016 (6,635). The sales-to-active listings ratio for February 2016 is 57.2 per cent. This is indicative of a seller’s market. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $795,500. This
represents a 22.2 per cent increase compared to February 2015. Sales of detached properties in February 2016 reached 1,778, an increase of 37.2 per cent from the 1,296 detached sales recorded in February 2015. The benchmark price for detached properties increased 27 per cent from February 2015 to $1,305,600. Sales of apartment properties reached 1,790 in February 2016, an increase of 43.9 per cent compared to the 1,244 sales in February 2015.The benchmark price of an apartment property increased 17.7 per cent from February 2015 to $454,600. Attached property sales in February 2016 totalled 604, an increase of 15.9 per cent compared to the 521 sales in February 2015. The benchmark price of an attached unit increased 17 per cent from February 2015 to $569,600. See more at: rebgv.org/news-statistics
COQUITLAM/PORT COQUITLAM/PORT MOODY
! T S A T! F G N S OU I L L SE ’ T MIS DON
Orchid Riverside Condos PRICES FROM THE LOW
$200,000’s
BUILDING ONE - SOLD OUT! BUILDING TWO - 70% SOLD!
SHOW SUITE HOURS:
Orchid’s carefully crafted layouts showcase urban contemporary design inside and out with everything you love at your doorstep.
Traboulay PoCo Trail
Orchid is just steps from the river, adjacent to the Traboulay PoCo Trail and a 5-minute walk from the West Coast Express. On-site amenities include 3 fitness rooms, a yoga studio, sauna, theatre room, pet washing room and a bicycle workshop... to name just a few.
Open Saturday & Sunday Noon - 6 PM iver lam R
it Coqu
Orchid Riverside Condos
Gates Park
2495 Wilson Avenue, Port Coquitlam
Building One Occupancy: Spring 2016 Building Two Occupancy: 2017
WE ACCEPT DEPOSITS PAID BY: Cheque • Credit Card • Bitcoin Quantum Properties, a British Columbia company, has been developing properties and constructing multi-family residential and commercial buildings since 2000. The Quantum Properties Group of Companies includes Quantum Realty and Quantum Properties Construction. Marketed by Quantum Realty Inc. and Trevor Street PREC, Keller Williams Elite Realty. 778.846.9096. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O. E.
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 53
Trending
Leap year 2016 Canada’s historical home price growth By Wayne Karl
SINCE 2016 IS A LEAP YEAR, we thought it would be interesting
to examine Canadian home price growth using four-year intervals. We’ve gone all the way back to 1984, and the home price growth is, well… You won’t believe it. If you’ve ever heard the axiom, “Don’t wait to buy real estate, buy real estate and wait,” this story defines its meaning. It also underlines the value of real estate over the long term. We show you where — market by major Canadian market — and by how much.
WHAT DRIVES REAL ESTATE? Strong historical home price growth might be expected, given that real estate is a proven performer over the long term. But looking at the growth in these four-year windows shows some pretty staggering appreciation. It’s important, however, to take inflation and other factors into account. Housing market activity can fluctuate greatly over short time frames, Bob Dugan, chief economist, Canada Mortgage and Housing Corp. (CMHC), told New Home Guide. Over the course of a given four-year period, for example, housing market activity will reflect temporary factors such as swings in supply and demand that accompany normal economic upsand-downs, as well as other macroeconomic factors. CANADA Canada: Average prices, all home types (% growth) 1984 $76,351
1988
1992
1996
2000
2004
2008
2012
2016
$129,702 $149,864 $150,899 $164,374 $226,604 $304,663 $363,606 $442,264 (70%) (16%) (1%) (9%) (38%) (34%) (19%) (21%)
“While it is true that nominal house price growth was very strong in the four-year window of 1984 to 1988, this coincided with a period of strong overall inflation. Similarly, if we calculate house price growth over the entire period of 1984 to the present using nominal measures, it would be surprising not to see spectacular results for growth, since we are not accounting for the impact of overall inflation over that span of time.” It’s also important to note that mortgage rates have declined significantly since 1984, which, combined with income growth, has increased the borrowing capacity of homebuyers. “As a result, homebuyers could increasingly afford more expensive homes, which in turn contributed to the rise in average prices.”
54 YPNEXTHOME.CA
GREATER VANCOUVER Great Vancouver: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
2004
2008
2012
2016
$113,722 $160,376 $245,260 $288,268 $295,978 $373,877 $593,767 $730,063 $897,158 (41%) (53%) (18%) (3%) (26%) (59%) (23%) (23%)
Sticking with the unadjusted numbers, looking at Greater Vancouver, there was huge growth – 53 per cent – from 1988 to 1992. What happened in this market over that period to contribute to such growth? Hello, Expo 86, the world exposition that showcased the city and the province. “Demand to live in the region picked up in the late 1980s and early 1990s,” thanks to this international event, says Richard K. Sam, principal market analyst for Vancouver at CMHC. “An expanding economy and employment opportunities attracted people to Vancouver and fueled population-based demand for housing. Migration to the area was high, especially interprovincial migration.” BC recorded a net gain of 125,880 people from other provinces between 1986 and 1991, Sam says. Along with job growth, wages and salaries grew at a faster pace, particular from 1988 to 1990. “With these fundamental drivers in place, the demand for housing increased. Vacancy rates in the rental market were below one per cent from 1988 to 1990, and existing home sales reached relatively high levels. Home prices increased as demand exceeded supply.” So how to explain the 59-per-cent growth in Greater Vancouver from 2004 to 2008, well after Expo 86? “After a period of flat home sales and prices between 1996 and 2000, demand for housing started to pick up during the latter half of 2001,” Sam says. “This coincided with improving economic fundamentals (growth in employment, population and incomes), but also with relatively low interest rates.” Along with low mortgage rates, international and interprovincial migration into the region increased, with the city recording a net population gain of 144,348 from 2004 to 2008. One of the main drivers of economic and job growth was the infrastructure needed to support the 2010 Olympic Games, which led to labour shortages in the construction field. “Resales reached their highest level at 42,222 in 2005, while rental vacancy rates, which had climbed to two per cent in 2003, moved back down below one per cent from 2006 to 2008.”
WESTERN CANADA Vancouver wasn’t the only market in western Canada that was booming from 2004 to 2008. Average home prices in Calgary grew by 82 per cent, and in Edmonton 85 per cent. Even Winnipeg saw 62-per-cent growth. Calgary: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
2004
2008
2012
2016
$86,724 $100,687 $129,506 $134,643 $176,305 $222,860 $405,267 $412,315 $453,936 (16%) (29%) (4%) (31%) (26%) (82%) (2%) (10%)
Edmonton: Average prices, all home types (% growth) 1984
1988
79,215
$82,123 (4%)
1992
1996
2000
2004
2008
2012
2016
$109,602 $109,042 $124,203 $179,203 $332,852 $334,318 $370,010 (33%) (-1%) (14%) (45%) (85%) (0%) (11%)
Strong economic growth in Alberta and Manitoba generated employment opportunities and attracted many migrants to these provinces, according to Lai Sing Louie, regional economist, Prairies and Territories, for CMHC. Winnipeg: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
$58,755
$81,931 (39%)
$81,990 (0%)
$86,142 (5%)
$88,553 (3%)
2004
2008
2012
2016
$121,925 $196,940 $255,058 $279,365 (38%) (62%) (30%) (10%)
“Alberta’s economy generated many jobs in this period, with a peak annual growth rate of five per cent in 2006. In Calgary and Edmonton, the unemployment rates were below four per cent for large periods and temporary foreign workers began to help fill the labour shortage.” As result of strong economic and demographic growth, housing demand increased, lifting housing prices. GREATER TORONTO While Vancouver achieved huge gains from 1988 to 1992, and the rest of Canada saw decent growth, the GTA was the only market in Canada to decline, by four per cent, (and again by three per cent from 1992 to 1996). What happened? Great Toronto: Average prices, all home types (% growth) 1984 $95,423
1988
1992
1996
2000
2004
2008
2012
2016
$212,373 $203,323 $196,476 $243,249 $315,266 $379,943 $498,973 $622,707 (123%) (-4%) (-3%) (24%) (30%) (21%) (31%) (25%)
“All indicators pointed to a bubble in the Toronto housing market during the late 1980s and early 1990s,” says Dana Senagama, principal market analyst for GTA. “The market overheated, which led to an acceleration in house price growth. House prices then became overvalued, and overbuilding was observed before a significant decline in house prices was noted.” Hamilton-Burlington: Average prices, all home types (% growth) 1984 $65,995
1988
1992
1996
2000
2004
2008
2012
2016
$135,221 $151,038 $142,267 $164,168 $215,922 $280,790 $360,059 $443,388 (105%) (12%) (-6%) (15%) (32%) (30%) (28%) (23%)
Toronto’s housing market faced significant macro-economic headwinds, from a recession in 1990-91. Mortgage rates were increasing at the same time. “These headwinds resulted in significant job losses, and the subsequent years saw very slow job growth,” says Senagama. “Leading up to the recession, Toronto’s real estate market had gone through a fairly exuberant period that resulted in rapid price growth and home construction. Between 1986 and 1989, home prices were growing at 20 to 30 per cent per year, on average. This encouraged builders to increase supply based on speculation that the previously strong demand would still be there.” But by 1990, Toronto’s new-home market had a large overhang of unsold inventory. The weak recovery in Toronto’s job market and higher mortgage rates led to a lack of buyers, and the market was unable to absorb inventory fast enough to maintain price levels. EASTERN CANADA Looking across the country, markets in eastern Canada have quietly hummed along nicely over the years. Newfoundland and Labrador, and Halifax-Dartmouth, saw pretty steady though unspectacular growth. What does that say about these markets? Saint John: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
$53,257
$73,502 (38%)
$81,560 (11%)
$82,066 (1%)
$93,697 (14%)
2004
2008
2012
2016
$116,836 $158,117 $168,048 $164,155 (25%) (35%) (6%) (-3%)
Halifax-Dartmouth: Average prices, all home types (% growth) 1984
1988
$78,474
$92,204 (17%)
1992
1996
2000
2004
2008
2012
2016
$99,975 $105,869 $128,003 $175,132 $232,106 $270,742 $280,672 (8%) (6%) (21%) (37%) (33%) (17%) (4%)
Price growth was strongest in Halifax between 1998 and 2008, according to Guillaume Neault, CMHC regional economist, Atlantic, coinciding with a period of residential growth in the resale and new-home markets. Newfoundland & Labrador: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
$60,629
$76,828 (27%)
$91,590 (19%)
$93,661 (2%)
$99,525 (6%)
2004
2008
2012
2016
$131,499 $178,477 $268,776 $276,302 (32%) (36%) (51%) (3%)
“Between 2008 and today, price growth stabilized,” he says. “(Last year) was the third consecutive year where sales volume and new home starts were 20 per cent less than the 10-year historical average. Construction activity, however, has not subsided. Apartment construction, typically offered in rental tenure, has grown exponentially since 2008. Most of the units cater to households wishing to downsize.” Data provided by Canadian Real Estate Association. 2016 figures are as of Dec. 31, 2015.
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 55
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WATSON GLEN PARK
WEBSTER RD
KEITH WILSON RD
56 YPNEXTHOME.CA
B1
PROMONTORY RD
45761 Stevenson Road 604.703.9292
GREAT NEIGHBOURS MAKE GREAT NEIGHBOURHOODS.
RIVERSIDE LIVING IN THE HEART OF THE FRASER VALLEY We understand that beautifully designed homes and unique architecture set the tone, but it’s people who create the natural, easy feeling of an established neighbourhood. People who share the same values and appreciate the same things. At River’s Edge in Chilliwack we’ve created an intimate pedestrian-oriented community that connects you not just to the Vedder River, but to everyone around you. Front porches, shared greenways, a woodland park and of course, the river. Everything you need to make a personal connection. And a great neighbourhood.
NOW SELLING PHASE 1 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
re ! nt on Ce So n g tio in ta om en C es e Pr om w H Ne how S &
VANCOUVER LUXURY. ABBOTSFORD PRICES. FrOM THE MId $200’s GENErOUSLY SIZEd - 674 SF TO 1,680 SF*
R E G I S T E R TO DAY F O R T H E G R A N D O P E N I N G E V E N T
LIVINGMAHOGANY.COM
778.255.9990
INTRODUCINg MAhOgANY, A SPECTACULAR NEw COLLECTION OF LUXURY hOMES. wITh 26 STOREYS OF CONCRETE CONSTRUCTION, INCREDIBLE VIEwS AND gENEROUS AMENITIES OVERLOOkINg BEAUTIFUL MILL LAkE, MAhOgANY IS TRULY ThE NEw hEIghT OF LIVINg IN ABBOTSFORD. TO LIVE hERE IS TO LIVE wELL. Marketed by gLOBEwEST - Multiple Realty Ltd. and Quantum Realty Inc. Managed by the Quantum Properties group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. The developer reserves the right to modify plans, prices, features and specifications without notice as may be necessary and at their sole discretion. E. & O.E. * Balcony space is included in specified square footages.
NOW IS THE TIME TO MAKE YOUR MOVE. Boulevard is proud to present the Residences at Gateway, a contemporary yet timeless collection of 1, 2 and 3 bedroom condominium homes coming to Abbotsford. Generous sized suites, plenty of storage and parking. Uncompromising Quality. Unparalleled Value. Design that Prevails.
boulevardgroup.ca Home Store Opening Soon 604.855.8116 A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N . Š Boulevard Group Residences Limited Partnership 2016. Rendering is an artist’s conception and intended as a general reference only. This is not an offering for sale which can only be made with a disclosure statement. Sales by Fifth Avenue Real Estate Marketing Ltd. Fifthave.ca E.&O.E.
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:
Wesgroup’s Town Centre at River District will begin sales for Quartet, the final tower, in April.
ONE TOWN CENTRE
previews and registration THE BURQUITLAM CAPITAL Home type: Condominiums Developer: Magusta Development Starting price: from the low $200,000s
60 YPNEXTHOME.CA
On the Street: 513 Clark Road, West Coquitlam On the Web: www.burquitlamcapital.com Info: Priority registration now underway for this 23-storey, mixed-use tower with 189 condominium homes plus four townhomes. Sales centre anticipated to open in April. Cool, curved architecture makes this a standout building. Walking distance to the Evergreen Line, parks, and a diverse array of shops and restaurants.
SUMMIT Home type: Townhomes Developer: Hayer Builders On the Street: 140th Street and 60A Avenue, Surrey On the Web: hayerlifestyle.com Info: Priority register now for Hayer’s newest community of townhomes coming to Panorama Heights. These three- and four-bedroom, executive homes feature Hayer’s signature rooftop patios, all of them structurally engineered to accommodate a hot tub. Sales anticipated to begin this April.
Cool architecture and a prime location in West Coquitlam are capturing buyer’s hearts at The Burquitlam Capital.
R+R Home type: Condominiums Developer: Polygon On the Street: River District, Vancouver On the Web: polyhomes.com Contact: 604.871.4239 Info: Exciting new phase of one-, two-, and three-bedroom condominium residences is coming to the River District. Prime location in this riverside community where you’ll find tree-lined streets, miles of walking/cycling trails, an active community, and an expanding selection of urban shopping and dining amenities. A superb urban lifestyle filled with Rest + Relaxation, Riverside + Restaurants, Recreation + Rejuvenation
BELLVUE Home type: Condominiums Developer: Cressey On the Street: 2290 Marine Drive, West Vancouver On the Web: cressey.com Info: Recently unanimously approved by the City, this is expected to be a slender, 17-storey tower. Prime location in Dundarave and steps to the boardwalk. Visit online to have your say in the ultimate design details.
THE BURQUITLAM CAPITAL
new releases and grand openings
Summit by Hayer is coming to Panorama Heights in Surrey.
STATION SQUARE Home type: Condominiums Developer: Anthem Properties and Beedie Living On the Street: McKay Avenue and Kingsway, Burnaby On the Web: stationsquare.ca Contact: 604.438.1113 Info: Final two towers in this dynamic master planned community will be release later this year with a brand new presentation center, new floor plans and some exciting new interior finishings from international architects and designers — truly saving the best for last. Be sure to register now so you’re first to receive information as it comes available.
QUARTET Home type: Condominiums Developer: Wesgroup On the Street: 8700 Kinross, Vancouver On the Web: riverdistrict.ca Contact: 604.879.8830 Info: It’s your final chance to own a brand new home in the River District’s Town Centre, and it will be unveiled this April. Quartet’s first release — Encore — is an 18-storey tower with panoramic views of the Lower Mainland. Residents will enjoy all the convenience of the Town Centre including, a grocery store, restaurant, banks, shops
SUMMIT
and services right at their doorstep as well as full access to Club Central, an exclusive, 14,000+ square foot fitness and aquatic centre. Register now or visit.
DORSET Home type: Condominiums Developer: Polygon Starting price: $379,900 On the Street: 9399 Alexandra Road, Richmond On the Web: polyhomes.com Contact: 604.278.5809 Info: Previews are underway with sales commencing soon for this final phase at the Alexandra Court master planned community. Excellent proximity to shopping, schools at all
levels including Kwantlen University, Canada Line to Vancouver and YVR, as well as a diverse array of ethnic cuisines. All owners have automatic membership in the 12,000-square-foot Alexandra Club featuring amenities including outdoor swimming pool, whirlpool, indoor gymnasium, fireside lounge and entertainment kitchen.
Tell us your news Got a new development you’d like us to feature in On the Horizon? Drop me a note at susan@suntrackercafe.com, and we’ll do our best to get you in the next edition.
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 61
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No. 2 Rd. and London Rd. 604.274.7326
NEW HOMES: A8. DAYTON AVENUE 9055 Dayton Ave 604.518.8396
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Display Home 6160 London Rd. Steveston 604.274.7326
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118 ST
O
ER
Steveston Hwy
B EACH G ROVE GOLF C OU R S E
ENGLISH BLUFF RD
M
SCOTT RD
82 AVE
112 ST
NT A
R IV
R62ND RD
NO 3 RD
17
MACK I E PAR K
SA
91
NO 1 RD
NO 3 RD
NO 2 RD
RAILWAY AVE
NO 1 RD
GILBERT RD
56 ST
112 ST
y
NORDEL WAY
is Hw
c Anna
BL VD
ER
Steveston Hwy
52 ST
B1
84 AVE
SOUTH ARM PARK
MONCTON ST
TSAW WAS S E N GOLF CLU B
80 AVE
E
Steveston Hwy
GARRY POINT PARK
S P LAS H D OW N PAR K
NORTH DE LTA PAR K
W
IR
SOUTH ARM PARK
WILLIAMS RD
A7
90 AVE
I LT SH
WILLIAMS RD
FRANCIS RD
A4
116 ST
MONCTON ST
GARRY POINT N O R T HPARK D E LTA
Westminster Hwy
BLUNDELL RD
RD FRANCIS FRANCIS RD
96 AVE
91
GRANVILLE AVE
A8
Steveston Hwy
Richmond Hwy
LANSDOWNE PARK MALL
BLUNDELL RD
A7
CAMBIE RD
Westminster Hwy
ALDERBRIDGE WAY
R DR
91
NO 6 RD
NO 5 RD
SHELL RD
Richmond Hwy
RICHMOND NATURE PARK
GRANVILLE AVE
FRANCIS RD
R IVE
se rR
A5
CAMBIE RD
NO 4 RD
NO 4 RD
A3
RICHMOND NATURE PARK
NO 3 RD
RU SS
BA
KE
R
LANSDOWNE PARK MALL
RICHMOND CENTRE
RICHMOND
CAMBIE RD BRIDGEPORT RD
GRANT MCCONACHIE WAY ALDERBRIDGE WAY
WESTMINSTER HWY
GRANVILLE AVE
NO 6 RD R IV
GARDEN CITY RD
NO 3 RD
A1
99
W AY
KE BA SS RU
A2
NO 5 RD
GARDEN CITY RD
W AY R
CAMBIE RD
VANCOUVER INTERNATIONAL AIRPORT (YVR)
A6
SHELL RD
BRIDGEPORT RD GRANT MCCONACHIE WAY
R DR
KNIGHT ST
R IV
KNIGHT ST
Richmond | Delta | Ladner | Tsawwassen VANCOUVER INTERNATIONAL AIRPORT (YVR)
4TH AVE
RN
SD
R
RN
SD
R
Advice | CONDO PRO
Condos: finding the best fit A good first choice for a first home
By Barbara Lawlor
MORE ADVICE ONLINE ypnexthome.ca/news/advice
TIME AND AGAIN, owning real estate
has proven to be a wise investment. If you have not yet entered the homeownership marketplace, now would be a good time. Mortgage interest rates continue at low levels, and this single-digit rate phenomenon will come to an end some day. When you shop for a condo, think ahead and do some research so you find the best fit for your budget and lifestyle. Spend some time online checking out builders and communities in the area where you would like to live. Location is important in so many ways, from how convenient it is to get to shopping, schools and other amenities, to your work commute. Explore each building’s proximity to public transportation and highways. Will the condo feature a car-share program and facilities to store bicycles? Even better, can you walk to local shops and services? If you do not have to own a vehicle, that leaves a lot more potential for how much condo you can afford. Consider the architecture as well. You need to feel comfortable coming home to your building. Pay careful attention to the amenities included in the building. Remember that amenities are one of the major reasons why condominium living is so much fun. You can access fitness facilities, party rooms, theatres, pools and/or a raft of other common areas that are uncommonly beautiful. These 64 YPNEXTHOME.CA
amenities expand on your living space and eliminate the need to leave home to entertain, exercise and socialize. When you are deciding what you can afford in a condo, be careful to count square footage as only one of the parameters. The layout of your suite will actually be more critical to how livable it is for you. If the builder has provided a model suite or two, all the better! Walk through models in person whenever you can to get a true idea of the suite’s practicality and potential. When it comes to the bottom line, ask questions. Is the builder offering any special incentives, capped mortgage rates or bonus offers? Take advantage of
every financial opportunity that comes your way. Whatever you decide, my advice is to buy new and buy now. Your options depend on your budget, and remember that you may be able to create your perfect surroundings with standard options. Remember that when you sell someday, all things being equal between two suites, buyers will choose the one with better finishes. Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in Canada and overseas.
OCEANSIDE LIVING FROM ONLY $435,900
COMING SOON Townhomes ranging from 1,235 to 1,640 sq.ft. • Welcome to Aerie Walk, the 4th phase of the Tsawwassen Shores masterplanned community • 45 spacious and functional homes for your family to grow • Pristine nature trails at your door step, and a five minute walk to the ocean • Conveniently located only minutes away from Hwy 17 and the future Tsawwassen Mills and Tsawwassen Commons shopping centres
REGISTER TODAY tsawwassenshores.com | 604 943 6677 This is not an offering for sale. Such an offering can only be made by a disclosure statement. E&OE
Trending
Blue sky is the limit when decorating with 2016’s top colour IT MAY BE CALLED BLUE, but when it
comes to decorating, this year’s hottest colour is upbeat. Think airy skies and misty oceans, cheerful shades of blue that emit a sense of serenity and calmness, according to paint brand DULUX Paints. “While blue is known to be the most popular colour in the world, when it comes to home decor, many Canadians shy away from infusing it into their homes, opting for neutral colour schemes instead,” said Martin Tustin-Fuchs, brand manager for Dulux Paints.“Yet blue is a wonderful, versatile complement to any decor.” Unsurprisingly, Dulux Paints has chosen blue — an ethereal blue called Bear Run (10BG 46/112) — as its colour of the year for 2016. Other popular blues by Dulux Paints are Blazer Blue (43BB 09/340), Teton Sky (10BB 49/137) and Blue Blood (47BB 14/349). “Blue may not be the first paint colour you’d choose for your home, but next to neutrals, there’s no easier hue to work with than blue,” Tustin-Fuchs said. “Anyone who has the opportunity to give blue a try on even one wall appreciates the peaceful, calming effect the colour emits.” Want to make a splash in your home with this year’s hottest colour? Dulux Paints offers these suggestions to incorporate blue into your decor: » Warm things up. Combining blue walls with warm, paler colours — such as sandy brown, creamy gray or this year’s popular golden yellow — creates a cozy feel in a room. For a calming, monochromatic look, pair different shades of blue in a space — altering the tone on walls, trim, doors and even ceilings. Warm up blue walls even more and create an inviting beach house feel with wood flooring underfoot. » Pair with white. If traditional is your style, complement blue walls with white 66 YPNEXTHOME.CA
RIGHT
Known to stimulate the mind, encourage focus and help increase productivity, blue — such as Dulux Paints’ Bear Run (10BG 46/112) featured on the far wall — is a good choice for a home office. LEFT
Soothing blue, such as Teton Sky (10BB 49/137) by Dulux Paints, shown on the wall and ceiling, creates a relaxing, spa-like feel in a bathroom when combined with off-white, light grey or tan.
MORE TRENDING ONLINE ypnexthome.ca/news
trim for a timeless decor. For a more modern look, paint walls white and make them pop with open bookcases revealing a painted backdrop of vibrant blue. Prefer a coastal feel? Complement a blue and white palette with striped fabrics and natural textures, such as grasscloth and jute. No matter what your style, add touches of blue accents around the room to bring it all together. » Make it work. Known to stimulate the mind, encourage focus and help increase productivity, blue is a good choice for a home office. Adding one or two other hues to the workspace will complete the look and create a sense of balance. Colours that complement Dulux Paints’ popular Bear Run (10BG 46/112) blue are Newborn (35YY 78/269) yellow and Coral Flower (21YR 57/250) orange. To
keep the space light and bright, opt for white or pale office furniture. » Soak it in. Soothing blue is a natural fit for a bathroom, regardless of the shade. Combined with pastel accents of offwhite, light grey or tan — such as Dulux Paints’ Song Porcelain (00NN 83/000) white, Silver Trophy (30BB 53/012) grey or Brown Bag (10YY 35/196) tan — a blue bathroom can take on a relaxing, spalike feel. For an ultimate spa effect, paint the ceiling an airy shade of light blue to mimic the sky and create the appearance of added height. For more information about Dulux Paints’ 2016 colour of the year and to experiment with the brand’s 2016 colour palette using a range of virtual painting tools, visit www.dulux.ca.
RICHMOND/DELTA/LADNER/TSAWWASSEN
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 67
Property Profile | ORCHID
Location:
Richmond Builder:
Beedie Living Community:
Orchid Home Type:
Condominiums Sales Centre
No. 3 Road and Lansdowne Contact:
orchidbybeedie.ca or 604.821.6686
Orchid by Beedie Living Urban Elegance YOU KNOW WHAT YOU WANT IN A HOME: modern comfort, elegant
finishings and sophisticated design. Oh, and a great location too. Well say hello to Orchid, a boutique development of just 122 residences that will soar gracefully above a retail podium framed with a luxurious Carrera marble facade and grand entrance lobby — your own private urban oasis.
Amazing Location A rare opportunity to purchase a brand new condominium at No. 3 Road and Lansdowne in the heart of Richmond’s dynamic city centre, Orchid puts you walking distance to a diverse array of savvy neighbourhood amenities, from shopping at Richmond and Lansdowne Centres or world class culinary adventures at the International Food Street, to cultural venues, schools and transit. Or hop on the Canada Line just 68 YPNEXTHOME.CA
steps from your front door and connect effortlessly to YVR airport and the new McArthur Glen Outlet mall, downtown Vancouver, the Langara Golf Course, even the B-Line to UBC. Suddenly your car-free living options are wide open.
The Lifestyle You Deserve Inside, Orchid homes are a celebration of luxury. Hint: stone counters and backsplashes, European kitchens with integrated Bosch appliances, wideplank laminate flooring and expansive private balconies. Then there are Orchid’s onsite amenities. Get fit in the two-storey exercise space where you’ll also find a glass-enclosed, dedicated yoga studio for enhancing your flexibility. After your workout, perhaps relax in the sports lounge with a few friends or whip up an impromptu snack in the entertainment kitchen.
When the weather gets sunny, the 9,400-square-foot outdoor garden terrace will likely be the place many people choose to hang out. A community barbeque area elevates dining al fresco to a special event on any day. There’s a kid’s play area, water features, a stunning patio, and views — bold, sweeping views in all directions. Truly a celebration of city living. Sales begin March 19th, and response is already overwheming. Orchid’s presentation centre is open noon to 5 p.m. daily except Fridays at No. 3 Road and Lansdowne (right beside Cactus Club). A great selection of homes ranging from one-bedroom to spacious, family-sized threebedroom residences. For more information visit orchidbybeedie.ca or call 604.821.6686.
RICHMOND/DELTA/LADNER/TSAWWASSEN
L A N S D OW N E S TAT I O N
L A N S D OW N E S TAT I O N
LANSDOWNE R
N O. 3 R D
N O. 3 R D
LANSDOWNE RD
WESTMINSTER H
WESTMINSTER HWY
L A N S D OW N E S TAT I O N
L A N S D OW N E S TAT I O N
LANSDOWNE RD N O. 3 R D
N O. 3 R D
LANSDOWNE RD
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 69
Advice | MIND OVER MORTGAGE
Tax tips to get ahead A smart way to put your tax refund to work
By Alisa Aragon
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THIS IS THE TIME OF YEAR that we start preparing our annual tax return, and many people have already started planning on how they will be using their tax refund this year. In general, it can be a real challenge to spend our money wisely, especially tax refunds, which may seem like free money. With the average Canadian getting a tax refund of approximately $1,600 it is tempting to spend it on something fun. However, every astute financial planner, adviser, broker or financial journalist will tell you that you should not aim at getting a large refund. By definition, a tax return means you are giving the government an interestfree loan. If you want to get less in a refund, you should reduce the amount of money the government withholds from your pay cheque. To do so, you can increase the number of exemptions you claim. It’s usually smarter to save the extra money all year long and earn interest for yourself. While it is very tempting to use your tax refund on things such as a vacation, put a down payment on a new car or a big screen TV, there are many other ways to generate future value and accelerate your progress to financial freedom.
» Contribute to your RRSP’s. Not only will you make that money tax free, 70 YPNEXTHOME.CA
you can use up to $25,000 of your RRSP’s towards a down payment as a first time homebuyer. As long as you put back 1/15 of the funds that you withdraw back every year you will not pay taxes on that money. » Start saving for a down payment for an investment property. By choosing the right property, the rental revenue will cover your mortgage payments and your equity will increase month after month. » Make a lump sum payment on your mortgage. This is a great opportunity to pay down your mortgage fast by making a lump sum payment. By doing so you will reduce the amount you pay in interest as your payment will go directly towards the outstanding principal. While you mortgage payments will remain the same, you will be closer in paying off your mortgage faster.
debt can counteract those efforts. By using your refund to lower your debt you can start putting more money in savings. » Start a contingency fund. If you don’t have one, start a contingency fund or add more money to the one you already have. Realistically, you should have at least 3 months of your pay cheque saved. It can take a while to save but your refund can help you get there. You will be glad to have that money available when the unexpected happens. » Start your own business. Have you been thinking of starting your own business? Your refund can help you jumpstart your plans. A little extra cash is a great way to get your new venture moving in the right direction. As you generate more income you can claim some small business tax deductions on your next year’s tax return. » Don’t forget to treat yourself. Remember to treat yourself when you make smart financial decisions. It will help you develop a positive relationship with money. If you spend all your refunds on debt or savings you will leave yourself feeling hopeless. Use a reasonable amount to treat yourself after you have already allocated the rest of the funds wisely. » Invest in your personal or professional development. Take a course or attend a conference that will help advance your career or yourself. YOU will always be your best investment. » Do a home renovation. Investing in strategic home improvements it can significantly boost the value of your home, build your net worth and transform your living space into the dream home you have always wanted. » Make a charitable contribution. Not only will you be helping a worthy cause, you will lower you tax bill next year. » Pay down debt. Pay down some of credit cards or loans in order to relieve some of that financial stress. While putting money in savings is important, high-interest
Whatever you decide to do with your refund, keep in mind how hard you worked for that money, and make sure it’s working just as hard for you!
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 MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 71
Aspac’s Max Collection, a finite reserve of Aspac’s most luxurious waterfront condominiums, featuring maximum square footage, maximum water views and maximum value.
MAXIMUM S I Z E | WAT E R V I E W | VA L U E
BEDROOMS INDOOR LIVING
3BR + Den ~ 4BR + Den 1,800 SF
~
3,500 SF
OUTDOOR LIVING
Up to 2,600 SF
PARKING
Up to 3 car Private Garage
www.rivergreen.com | 604.233.2633 Presentation Centre Open Daily 12pm-5pm 5111 Hollybridge Way, Richmond V7C 0A3
In a continuing effort to meet the challenge of product improvement, the developer reserves the right to modify or change plans and specifications without notice. Pictures, drawings, digital renderings and landscape plans are for illustrative purposes only and are subject to change. This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
GILBERT RD
NO 2 RD
RAILWAY
NO 1 RD
1ST AVE
2ND AVE
猴
STEVESTON HWY
MONCTON ST
LONDON RD
DYK E R
PRIN C E
S
D
S
ST
CEDAR DR
Pitt Meadows | Maple Ridge
DOMINION AVE
4
224TH ST
DEWDNEY TRUNK RD
Lo
ug
he
ed
210TH ST
DEWDNEY TRUNK RD
Hw
216TH ST
y M EADOW GARDENS
124TH AVE
232RD ST
DEWDNEY TRUNK RD
228TH ST
224TH ST
2
227TH ST
123RD AVE 203RD ST
FORD RD
HARRIS RD
GOLF COURSE
DEWDNEY TRUNK RD
240TH ST
PITT M EADOWS
207TH ST
S BONSON RD
HARRIS RD
AIRPORT
R IVE
R RD
1
116TH
248TH ST
HAMMOND RD
AVE
5
D E R BY R EACH R E G I O N A L PA R K
A KA KAN
3
WAY
110TH AVE 108TH AVE GOLDEN EARS BRIDGE
N
y
Hw
104TH AVE
102TH AVE
NEW CONDOS:
NEW HOMES:
1. REFLECTIONS ON THE RIVER
3.
22327 River Road 604.477.1500
2. MEADOWS POINTE
20331 Dewdney Trunk Rd. 604-807-2423
SEARCH ONLINE ypnexthome.ca
74 YPNEXTHOME.CA
MONTGOMERY ACRES
24405 112 Ave 604-477-2959
4. MYRON'S MUSE 23651 132nd Ave 604-380-1801
5.
MAPLE HEIGHTS
Open Daily 12-5 (except Fridays) 104–11305 240th Street 604-380-1215
JAC KS O
ed
ghe
Lou
240TH ST
DR MACLU RE
PITT MEADOWS/MAPLE RIDGE
ED N H S PE I O N S R FU ITE O SU TW LAY SP DI
SUITES ARE MOVE IN READY! JUST STEPS TO PORT HANEY WEST COAST EXPRESS STATION
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 75
Advice | MORTGAGE ADVICE
First-time homebuyers 3 steps required to get into the market
By Alyssa Richard
MORE ADVICE ONLINE ypnexthome.ca/news/advice
PURCHASING A HOME will be one of the biggest investments you’ll ever make. If you’re just starting to look, there are a few steps you’ll need to take before you can buy a home.
Determine how much you can afford First, you have to determine what you can afford. Your affordability is based on your household income, your current monthly debt payments and the costs associated with owning a home (such as property taxes, heating costs, and condo fees). A lender will also look at two ratios to figure out how large your mortgage can be. The first is called the gross debt service ratio. Your monthly housing costs for (principal and interest, taxes, and heating costs) shouldn’t be more than 32 per cent of your gross income. The second is called the total debt service ratio, which includes your housing costs as well as any loan expenses (such as credit card and line of credit payments, and car loans or leases). This ratio shouldn’t be higher than 40 per cent of your gross income. You also have to come up with enough money to make a down payment. You’ll need to have a minimum of five per cent. If you’re able to come up with a down payment of 20 per cent or more, you won’t need mortgage loan insurance. And you should also have money saved for closing costs, which could be 76 YPNEXTHOME.CA
between 1.5 and four per cent of the purchase price of your property. Dip into savings Once you’ve determined how much you’ll need, you’ll have to find a source for your down payment and closing costs, one of which can be your RRSP. Under the Home Buyers’ Plan, you can withdraw up to $25,000 from your RRSP on a tax-free basis as long as the funds have been in the plan for more than 90 days. If you’re purchasing a property with a partner who’s also a first-time buyer, you’ll each be able with withdraw $25,000. Keep in mind that the money has to be paid back starting the second year after you make the withdrawal and you have up to 15 years to repay the amount. If you don’t make an annual payment, you’ll have to declare it as taxable income on your tax return for that year. If your RRSPs or other savings aren’t enough, your family may be able to help you. In fact, an April 2015 BMO survey found 42 per cent of first-time buyers expect their parents or relatives to help pay for their first home.
Shop for a mortgage It can pay to shop around. If you and your partner go with the first mortgage rate you find, you could end up paying a lot more. Let’s assume the following: you plan on buying a $500,000 home with a $400,000 mortgage, your amortization period will be 25 years, and you have a five-year fixed rate of 3.5 per cent. That means your total mortgage payment will be $1,997 a month. But if you do a little research, you could save some money. If you’re able to get a mortgage with a five-year fixed rate of 2.5 per cent, your payments will be $1,792, a difference of $205 a month or $2,460 a year. That’s why you should look for the best mortgage rates. You need to be ready financially before you’re able to purchase a property. Knowing what steps are involved to become a first-time homebuyer will allow you to start your search for buying a home. Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
M O N VE O I W N
PITT MEADOWS/MAPLE RIDGE
Amazing Westside Location!
Limited Time Offer
FREE BONUS PARKING STALL on selected 2 Bedroom Suites (2 stalls total). 800 - 1000 sq. ft. At the pivot point of Dewdney Trunk Road and 203 Street, this livable low-rise sets the perfect example of life in the right direction.
• Stunning Mountain Views • Designer Kitchens • Heated Bathroom Floors • Minutes to West Coast Express • Walking distance to shopping and amenities
FURNISHED SHOW SUITE Open Sat & Sun from 12-4pm or by appointment.
20331 Dewdney Trunk Rd, Maple Ridge
604.807.2423 www.meadowspointe.ca
Developed by
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 77
Vancouver | Downtown Vancouver SEABUS
DUNBAR ST MA
RIN
ED
R
COMMERCIAL DR
E 1ST AVE
10
E BROADWAY
E BROADWAY
W 12TH AVE
16
KI
14
NG
E 12TH AVE
SW AY
E KING EDWARD AVE
13 QUEEN ELIZABETH PARK
E 33RD AVE
E 29TH AVE
W 41ST AVE E 41ST AVE
W 49TH AVE
9
W 57TH AVE
E 49TH AVE
11
15
RI
W 70TH AVE
SW
NEW CONDOS: 1. ARC 88 Pacific Blvd. 604-899-8800
2. 1555 WEST EIGHTH 1555 W 8th 604-828-3998 1555w8.com
3. EPIC AT TOWER GREEN 1788 Columbia St 604-707-9378
4. ELLSWORTH Main & 7th Ave ellsworthvancouver.com
5. JERVIS Sales Centre 1295 Davie Street 604-998-8989
6. TATE DOWNTOWN 1265 Howe St 604-568-8283
7. PROXIMITY 2nd Ave & Ont 604-731-3500
MA
8. THE CREEK 95 East 1ar Ave thecreekbyconcert.com
9. STERLING 49th & West Boulevard 604-428-8858
10. RENFREW & 2ND 1831 Renfrew St 604-830-3938
11. AVALON MEWS 5808 Wales 604-438-5050
NE
DR
SE MARIN E
NEW HOMES:
16. GRAYSON
13. ASTON Oak and 38th 604-418-6809
14. THE REGENT AT KING EDWARD STATION 523 W. King Edward Ave 604-273-1313
15. OAK + PARK 604-558-5851
ON TIME, ON BUDGET & ON BRAND As specialists in providing creative services for real estate project marketing, our team of experts are perfectly suited to take on your next development. Book your no obligation, initial consultation today!
rallycreative.com 78 YPNEXTHOME.CA
DR
26th and Cambie 604-558-1907
BOUNDARY RD
SW
AVE
VICTORIA DR
L AL
W KING EDWARD AVE
PACIFIC SPIRIT PARK
W BROADWAY
MAIN ST
KM
W 16TH AVE
INAL
KNIGHT ST
W BROADWAY
2
OAK ST
OO W
AVE
TE R M
W 6TH AVE
CAMBIE ST
ALMA ST
W 4TH AVE W 10TH AVE
CORNWALL AVE
VENABLES ST
8 7
MAIN ST
REY RD
OAK ST
POINT G
BURRARD ST
JERICHO BEACH PARK
LVD
H 16T
1
6
BR ST WE
UBC
E DR
LLOR B
GRANVILLE ST
NCE
ARBUTUS ST
AR IN
CHA
MCDONALD ST
NW M
RENFREW ST
E HASTINGS ST
BURRARD INLET
Property Profile | ELLSWORTH
Ellsworth Quintessential Mount Pleasant Location
Vancouver Builder
Chard Development Ltd. Development
Ellsworth Home Type
Condominiums Sales Centre
2106 Main Street (coming soon) Contact
ellsworthvancouver.com or 604.559.6910
MOUNT PLEASANT: it’s a hip, fun-loving neighbourhood that’s proud of its distinctive character, eclectic outlook on life and irresistible edginess. So you can bet that people’s heads are turning when they hear about Ellsworth, a collection of just 89 homes coming to Main and 7th Avenue.
Standout Design Right from the street, Ellsworth’s architecture is dramatic — 10 storeys of playfully articulated glass façades with aluminum accents and wood-look panels. Above, a 3,500-square-foot, common rooftop terrace with barbeques and outdoor kitchen, covered dining area, conversation area with fire pit, garden plots and children’s play area is destined to become a social hub where residents can savour spectacular views across downtown and False Creek. Inside, Ellsworth will boast all the attention to luxury you’d expect from Chard Development — kitchens with pantries, fully integrated Blomberg and Fisher & Paykel appliances, and an innovative water-based heating and air conditioning system for personalized comfort all year long. Be sure to check out the Chard Smart™ features too — thoughtful, above-and-beyond amenities to help you live smarter. Here are just a few hints: a dog wash station with hot and cold water, a maintenance bench in the bike
room so you can keep your two-wheelers tuned to perfection, USB charging outlets in kitchens and bedrooms, plus dimmer switches in kitchens and dining rooms for instant ambiance. And here’s something really cool: as part of their ongoing commitment to supporting local talent, Chard will include curated displays of original artwork throughout the lobby and common hallways.
Enviable Location Naturally, no conversation about the Mount Pleasant neighbourhood is complete without talking about the shops, craft brew pubs (yes, you’re just steps to The Main Street Brewing Company) and independent coffee bistros. Yoga on 7th is just across the street for when you need to stretch your body, Science World is an easy 10-minute walk when you want to stretch your mind, and the selection of eateries will keep your taste buds tingling for months. Ellsworth’s presentation centre opens soon at 2106 Main Street (at 5th Avenue). Priced from $339,900 with floorplans ranging from studio to three-bedroom. For more information and to priority register, visit ellsworthvancouver.com or call 604.559.6910. MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 79
VANCOUVER
80窶ズPNEXTHOME.CA
T I M E L E S S C L A S S I C A L LY I N S P I R E D D E S I G N B Y C I C C O Z Z I A R C H I T E C T U R E
W E S T S I D E 3 BEDROOMS & DEN TOWNHOMES
A D D R E S S STARTING
FROM
THE
LOW
$900,000
S
Coming soon. Register now. ALABASTERHOMES.CA
THIS IS NOT AN OFFERING OF SALE.
604 558 5851
S U C H O F F E R I N G C A N O N LY B E M A D E B Y W AY O F D I S C L O S U R E S TAT E M E N T, E . & O . E .
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BC, Ontario skew Canadian real estate market READ THE STORY ONLINE ypnexthome.ca/Canadian-real-estate
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PRESENTATION CENTRE CLOSING MARCH 31
MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 83
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MAR 18 - APR 1, 2016 | NEW HOME & CONDO GUIDE 85
Advice | QUICK TIPS
Solving the “stuff ” problem By Hellen Buttigieg
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE CLOSETS ARE FULL. The junk drawer is overflowing. The piles have piles, and the storage space is full too. You need it all, you just don’t have enough space to put it. Or do you need it all? Take a closer look and separate ‘need’ from ‘obligation’, ‘sentimentality’ and ‘just in case.’ You may find you have the space to store what you need. You’ll just have to dig deep to find the strength to free yourself of the rest. After all, do you own all that stuff — or does it own you?
Let go of ‘obligation clutter’ » This refers to the stuff we hold on to because we feel a sense of duty. It can be gifts, heirlooms we’ve inherited, or things we’re saving for our kids. If you are holding on to any of these, you have permission to let them go, and here’s why: » ou have no duty to keep gifts forever. The last thing the gift-giver would want is for their gift to become a burden. » It can be emotionally taxing to part with inherited items, but there are more meaningful ways to honour a person’s memory than keeping all their stuff. Releasing a loved one’s belongings doesn’t betray the memory of the person. It’s a bit easier with time, so wtake the time you need. » If you’re keeping things for your children, consider asking them if they are even remotely interested in having them. Remember, they will have their own tastes. 86 YPNEXTHOME.CA
Off-load off-site storage. If you are paying a hefty monthly bill to store your belongings off-site in a rented storage container, it’s time to reconsider its value. Out of sight is usually out of mind. If you are not using the items, it may be beneficial to sell them or give them away. The money spent storing the stuff over a long period of time often exceeds the value of those items. Liberate your linen closet. Let go of the sheets and towels that are torn, stained, or stored just in case. You really only need one extra set of sheets for each bed. Fold pillowcases and fitted sheets into their matching flat sheets so that the set stays neatly together. Don’t let excuses keep you stuck. When editing your closet, you’ll make all kinds of excuses to keep things. Here’s are the most popular excuses I’ve heard, and my response to them: 1. “It will come back in style.” Yes, it will. But the fabric and cut will be different and everyone will know you’ve been holding on to it since 1978! 2. “It will fit once I lose weight.” You may lose weight in different places and
it may still not fit. It may go out of style by the time you lose the weight. Reward yourself for your weight loss by buying new clothes. 3. “I paid a lot of money for it.” You feel guilty every time you look into your closet and see it hanging there, so let go of the shame. 4. “I wore it on my first date.” Don’t let sentimental items take up closet space. That’s like allowing the past to crowd out the present. Take a picture and let it go. 5. “Someone bought it for me.” They’ll never know that you got rid of it, and even if they find out, they’ll understand. 6. “It needs repairs.” Set a deadline and let it go if you miss it. 7. “I need it just in case.” This is probably the top excuse I hear, and it is based on fear. Be brave — unless you can find a specific reason to hold on to something, find the courage to let it go.
Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, or email Hellen at info@WeOrganizeU.com
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BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT
ABBOTSFORD Abacus Uptown Brighton Cedar Landing Eagle Estates Eagles Gate Falcon Ridge Foxwood Luna Mahogany at Mill Lake Ten Oaks Waterleaf BURNABY Aldynne on the Park Altitude Brentwood Bucci by Villo CentreBlock at Univercity Churchill Gold House Ivory Mews Kings Crossing Midori Milano Modello Modena Novella OakTerra Paddington Mews Pixel Residences at Gateway Savile Row Station Square Subora The Park Metrotown The Peak Trio CHILLIWACK / SARDIS Camden at The Falls Centre Field Englewood Village Garrison Crossing Heron’s Landing Jinkerson Vistas Park Ridge at Sardis Village Radius Seasons at Cedar Sky COQUITLAM 1123 Westwood Amberleigh Burquitlam Capital Brookmere Charland Colborne Lane Crown Evergreen Grand Cental 3 Foster Ave Rowhomes Hazel Kingston
TYPE
CONTACT
PRICE
PROJECT
LR TH TH SF SF SF SF TH HR LR LR
604-309-7155 604 607-7801 604-850-5040 604-859-3141 604-309-7729 604-309-0540 604-850-5040 778-895-5862 778-255-9990 604-746-OAKS (6257) 604-850-3694
Call Call From 274,900 inc net GST From $599,900 From $373,500 From $789,000 From $524,900 From $289,900 Call Call From $179,000
HR HR HR TH HR TH HR TH HR HR HR HR LR MR LR TH LR LR TH/LR HR LR HR HR LR
604-451-9517 604-456-8883 604-563-8386 bucci.com/villo libertyhomes.ca 604-363-2627 goldhouseliving.com 604-528-6935 cressey.com/kingscrossingbycressey 604-439-8852 604-294-8989 604-456-0688 604-294-9919 604-536-5777 604-431-6033 604-438-9922 pixelburnaby.com 604-855-8116 604-833-1606 604-438-1113 604-807-4353 604-936-1888 604-559-5795 604-218-3338
Call From mid $200s From $299,900 Coming Soon From $239,900 Coming Soon Coming Soon From $289,900 Coming Soon $467,900 From $298,900 Call Coming Soon Call Call From $334,900 From $399,900 Call Call Call From $279,900 Call Call From $249,900
SF TH SF SF/LR/TH SF LR LR TH
www.livethefalls.com 604-795-6938 604-534-5079 604-824-5062 604-858-7179 1-877-858-2408 604-703-9292 604-991-5151 604-991-8250
From $389,900 From $242,900 From $249,900 Call From $269,900 From $399,900 Call From $149,900 From $449,900
HR SF HR HR LR TH HR HR HR TH LR SF
604-472-1123 604-514-4359 604-681-8220 604-259-5991 604-492-3388 604-949-8655 604-939-8868 604-942-2672 604-617-5570 intracorp.ca 604-937-2599 604-514-4359
Call Coming Soon From $200,000 Now Previewing Call From $619,900 From $280,000 From $452,900 Call Coming Soon From $220,900 Coming Soon
Penthouse (PH)
Live Work (LW)
City Home (CH)
High Rise (HR)
TYPE
CONTACT
PRICE
Lougheed Mackin Park Novella Sterling The Windsor Union
HR LR MR SF HR HR
604-939-2677 604-939-8874 604-563-5777 604-464-2260 604-941-8305 604-492-1859
$279,900 From $234,900 Call From $689,900 From $363,900 Call
DELTA NORTH DELTA Delta Rise Muse South Pointe
HR LR SF
604-594-7473 liveatmuse.com 604-584-2908
From $189,900 From $199,900 From $699,900
LR SF SF SF/LR
604-943-8811 604-271-7288 604-943-6677 604-948-HOME
Call Call From $499,900 Call
LR LR LR SF
604-371-0928 604-533-7718 604-274-7326 604-636-7082 604-882-3733 604-427-3311 604-831-0800 604-871-4288 778-808-6563 604-539-2200 yorksoncreek.com 778-785-1673
Call From $199,900 Coming Soon Call Call for Info From $199,900 Call From $314,900 Call From $139,900 From $179,900 From $440,000
MAPLE RIDGE Albion Station Grant Hill Estates Jackson Ridge Magnolia Grove Maple Heights Meadows Pointe Montgomery Acres Myron’s Muse Nelson Peak Parc Vue Pointe, The Reflections River’s Edge Robertson Heights Signature at Falcon Centre Station One Summit at Grant Hill The Terraces Wellington Station
TH SF SF TH TH LR SF TH SF LR SF LR FR SF LR LR SF TH LR
604-351-3261 604-230-3935 604-351-3261 604-534-1234 604-380-1215 604-522-8970 604-477-2959 604-380-1801 604-466-9278 604-467-8884 604-999-2452 604-467-0692 604-453-4965 604-380-4708 604-477-1500 778-878-1347 604-405-4437 604-351-3261 604-380-0300
From $254,900 Call Call Coming Soon Call From $189,900 From $534,980 Call Call Call From $489,900 Call From $157,900 From $459,900 Call From $164,900 From $769,900 inc gst From $369,900 From $189,000
MISSION / HARRISON Horizons
TH
1-888-826-1177
From $319,800
NEW WESTMINSTER Duo at Port Royal Glass House Lofts Grove, The Lookout at Victoria Hill, The Lotus Parkside at Victoria Hill
LR LR LR LR LR HR
604-520-9890 604-520-9890 604-523-0733 604-523-0733 604-782-1706 604-523-0733
From $218,900 Call Call Call Coming Soon Call
TSAWWASSEN Brio Tsawwassen Heights Tsawwassen Shores Tsawwassen Springs LANGLEY Prestwick at Milner Heights Elements Harbour Walk Hyde Canyon Keaton Kensington Lotus Living Mission Green Murrayville House Varsity Yorkson Creek Yorkson South
Mid Rise (MR)
Low Rise (LR)
TH LR LR SF TH LR TH
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
N E W H O M E S A L E S AND MARKETING EXPERTISE
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@ypnexthome.ca PROJECT
TYPE
Portage RiverSky The Sapperton at Brewery District The Royal at Victoria Hill Thompson Landing Westbourne NORTH VANCOUVER Anchor, The Atrium at the Pier Cates Landing CentreView Connaught Edgemont Village First Street West Latitudes Maplewood North Maplewood Place Northlands Parkgate Pinnacle Residences at the Pier The Residences at Lynn Valley Tatlow The Ave Boutique Res. Trophy at the Pier Seymour Village Shore, The x61 West Quay
CONTACT
PRICE
MR HR HR LR SF LR
778-398-1344 604-522-2583 604-525-3941 604-523-0733 604-520-3226 westbourneliving.com
Call From $292,900 From $279,900 Coming Soon From $476,900 Coming soon
LR MR/TH TH/LR HR LR/TH LR TH LR TH LR/TH TH MR MR LR LR MR TH LR LR/TH MR
604-988-8800 604-983-9065 604-929-5746 604-998-8540 604-699-0036 604-684-8686 604-435-9477 604-727-1594 604-563-7001 604-800-2120 texorhomes.com 604-983-9065 lynnvalleyresidences.com info@tatlowliving.com 778-985-4676 604-983-9065 604-924-0818 604-980-0016 604 971 3181 604-988-8856
From $379,900 From $379,900 Call Call Coming Soon Call From $469,900 From $378,900 From low $300s Call Coming soon Call Coming Soon Coming Soon Call Call From $699,900 From low $200’s Call From $469,900
PITT MEADOWS Cedar Downs Homes at Brogden Brown Liv42
LR TH LR
778-846-3200 604-761-6806 604-460-6601
From $194,900 Coming Soon From $134,900
PORT COQUITLAM Amanti Carmandy Fremont Indigo Fremont Green South Lloyd at Windsor Gate Orchid Prima Residences Salisbury Lane Shaughnessy, The South Verde
LR LR TH LR LR LR LR TH HR LR
604-475-3220 604-435-9477 604-552-0319 604-468-0084 604-942-8416 604-866-4206 604-945-3999 604-475-1172 604-468-8252 604-468-8252
From $179,900 From $209,900 Call Call Call From $159,900 From $219,900 Call Call Call
PORT MOODY Clark Station, The
TH TH
778-558-6377 604-492-3338
Call Call
RICHMOND Alexandra Court LR 604-278-5809 From $349,900 Alfa HR 604-276-2532 Call Avanti LR/HR 604-276-9186 From $359,900 Calla at the Gardens MR 604-271-3331 Coming Soon Camber LR/HR 604-276-0677 Call Concord Gardens HR 604-233-7748 From $300,000’s Dayton Avenue SF 604-518-8396 Call Elle HR 604-273-1313 From low $300’s Empire Living TH 604-244-9622 Call Grand, The 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf HR 604 278 3880 Call 1 Jadyen Mews TH 604-278-8715 From $658,800 Kenstone Gate TH 604-218-3338 From $529,900 Kingston Gate TH 604-760-6024 Call Penthouse (PH)
Live Work (LW)
City Home (CH)
High Rise (HR)
PROJECT
TYPE
Livia Mandarin Walk Monet Opal at Richmond Centre Ora Orchid by Beedie Parc Riviera Park Residences at Minoru Pier, The Pinnacle Living at Capstan Pinnacle Living Sorrento Quintet Riga Riva River Green River Inlet Tempo Vogue Westminster Terrace SQUAMISH / WHISTLER Abbey Lane Residences Breeze Elaho Ocean Crest ParkHouse Ravens Plateau Aqua University Heights SUNSHINE COAST SECHELT Edgewater at Porpoise Bay SilverStone Heights SURREY 3 Civic Plaza Asher Aura Balance Brookside Canvas Chroma Connect Esplanade at Waterstone Evolve Fusion Guildford The Great Heights Highcrest Highlands Horizons Hyde Park Joi Living Joy Kendra Madison Manarola Oliver’s Lane Park Avenue West 2015-01-16 11:37 AM Park Central Park Place Village Prime on Plaza Mid Rise (MR)
Low Rise (LR)
TH LR/TH HR HR HR HR MR HR LR HR/MR/TH MR/HR HR TH MR MR MR/TH HR TH TH
CONTACT
PRICE
604-364-2159 604-278-0808 604-233-7748 604-303-7575 604-278-8838 info@orchidbeedie.ca 604-231-5900 604-303-8878 604-274-7326 604-303-0148 604-303-0148 604-303-8878 604-715-1250 604-278-8825 604-233-2633 604-233-2633 604-276-8885 604-715-1250 604-204-1077
Call Call From $300,000’s From $464,900 Call Coming Soon From Low $200’s Call Call Call Call Call Call Call Call Call Call Call Call
TH TH TH SF LR SF TH/LR LR
604-679-7289 604-679-7289 604-898-2232 604-896-2235 604-567-5433 1-888-852-7575 1-877-344-5566 1-888-852-7575
Call Coming Soon Coming Soon From $1,298,000 From $167,900 Call From $239,000 Call
TH SF
604- 885-8556 604-741-1877
From $309,900 From $479,900
HR TH TH LR TH TH LR LR LR HR TH TH TH TH SF SF TH TH TH TH TH LR SF HR LR TH HR
604-951-3331 778-571-9451 778-564-1876 tiensher.com 604-372-2071 604-598-8873 604-581-5399 778-395-1886 604-530-5399 604-497-0102 778-578-9779 778-293-2222 604-618-6175 604-584-7273 778-565-7768 778-565-7768 604-506-1852 604-574-8888 604-319-9732 604-590-9122 604-543-6262 604-800-9255 604-543-3868 604-583-9866 604-817-5852 604-617-7763 604-498-3888
Call From mid $400,000 From $475,000 Inc. GST Coming Soon From $279,900 Call From $169,900 From $118,800 From $219,900 Call From $344,900 Call From $339,900 From $345,900 Call for Info Call for Info Call From $339,000 From $347,000 From $329,900 From $323,000 From $189,900 From $489,900 From $250’s From $289,900 From $359,000 Call
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
PROJECT
TYPE
CONTACT
PRICE
Ridge at Bose Farms Silverwood Sync The Smith Verve University District Wave Westpointe
LR TH TH TH LR HR HR TH
604-888-5514 silverwoodliving.com 778-590-7283 meetthesmiths.ca 604-588-3783 604-588-5795 604-951-9283 604-833-9193
From $174,900 From Low $300’s From Under $300’s Call From $160’s From $233,900 From $291,900 Call
CLOVERDALE MacKenzie Estates Residences at Clayton Heights
TH TH
604-538-2125 604-723-4497
From $349,900 Coming Soon
LR HR HR HR LR HR HR HR HR HR Trump International Hotel and Tower® Vancouver HR Vancouver House HR
604-620-2018 604-338-5233 burrardplace.ca 604-689-8535 604-783-1044 604-781-4303 604-620-6692 604-687-4353 604-682-8107 604-568-8283 604-568-7888 604-893-8958
Call Call Coming Soon Call Call Call From $349,900 Call Call Starting at $399,900 Call Call
EAST SIDE Avalon Mews Cordovan Focal Francis Gem, The Grandview Cascades Kensington Gardens Main Street River District at Town Centre Paragon Renfrew & 2nd Rhythm Skyway Strathcona Gardens Triumph The Heatley at Strathcona Village View338 Vya Wall Centre Central Park Woodshire
TH LR LR TH LR TH LR LR HR LR LR MR HR TH TH MR LR MR HR TH
604-438-5050 cordovan.ca 604-563-6777 604-330-8848 liveatthegem.com grandviewcascades.com 604-620-7886 604-877-1116 604-879-8830 604-688-5566 604-830-3938 603-437-5315 604-436-1100 604-328-9940 604-563-6200 604-683-0900 604-303-8838 604-559-1070 604-874-9232 604-719-1700
Call Coming Soon Coming Soon Call Coming Soon Coming Soon Call From $339,900 From $319,900 Coming Soon From $259,900 From $364,900 Call Call Call From $199,900 From $219,900 Call From $299,900 From $420,900
LR/MR MR LR MR MR/TH LR/TH MR TH HR HR MR MR MR HR MR LR HR
604-828-3998 604-563-8336 cressey.ca 604-620-8600 604-239-2080 604-345-9000 604-738-0001 604-418-6809 604-646-1111 604-682-8801 604-685-5778 604-876-9222 604-875-8508 604-662-3373 604-880-6880 ellsworthvancouver.com 604-707-9378
Call Call Coming Soon From $528,800 From $429,900 Call Call Coming Soon From $499,900 Call From $367,400 Call Call Call Call Coming Soon Call
VANCOUVER & AREA DOWNTOWN 188 Keefer Addition Burrard Place The Charleson Eventide Fairmont Pacific Rim Estates Fairmont Pacific Rim Estates Mark, The Private Residences at Hotel Georgia, The Tate Downtown
WEST SIDE 1555 West Eighth 41West 6th & Yukon 99 West W10th & Maple Aperture Arbutus Ridge Aston Binning Tower Block 100 Boulevard Cambie Star Canvas Central Citti Ellsworth Epic at West
Penthouse (PH)
Live Work (LW)
City Home (CH)
High Rise (HR)
PROJECT
TYPE
Granville at 70th Grayson Henry James Walk Jervis Kerrisdale Gardens Livingstone House MC2 Midtown Monarch Northwest Oak + Park One, The Parc 26 Parc Elise Park&Metro 35 Park West Pinnacle Living at False Creek Pinnacle Living Broadway Prodigy Q16 River District at Town Centre Shannon Wall Centre Kerrisdale Sterling Sota The Spot The Leveson The Laureates The Ivy The Creek/Voda The Regent Tisdale Vya W10th & Maple TSAWWASSEN Brio Cityhomes at Northgate Tsawwassen Springs WEST VANCOUVER 23rd and Bellevue Evelyn Galleries on the Bay Kerrisdale by Cressey WHITE ROCK / SOUTH SURREY Adagio Beverley Blu Elevate at the Hamptons Essence at the Hamptons The Estates at Morgan Heights George Grandview Heights Hycroft Rowhouses Hyde Park Morgan Rise Newport at West Beach Royce Rosemary Gate Sakura Sausalito South Ridge Club South Point Walk The Village at Southwood Westpointe Mid Rise (MR)
Low Rise (LR)
CONTACT
PRICE
HR MR TH/MR CH HR MR LR HR LR MR HR TH HR MR/TH MR/TH LR/TH LR MR MR MR TH HR LR LR HR MR LR HR LR HR TH TH LR MR/TH
604-687-2298 604-558-1907 604-715-6060 604-325-2216 604-998-8989 604-559-9848 604-998-8988 604-638-9998 604-563-3330 604-568-6883 604-325-5151 604-558-5851 604-874-8368 604 336 6380 604-336-6380 604-325-8111 604-563-8336 604-874-8368 604-739-2080 604-221-8878 604-263-8090 604-879-8830 604-267-8882 604-428-8858 604-671-1025 604-568-6886 604-880-8312 604-221-4450 604-566-5888 604-733-2010 604-273-1313 778-846-5990 604-559-1070 604-739-2080
Call Coming Soon Coming Soon Call From $1 million From $540,900 From $639,900 Call Call From $444,900 Call Call Call Call Call Call Call Call Call From high $300s Call From $319,900 Call Call From 2.5 million From $269,900 Call Call Call Call Call Call From $239,999 Call
LR LR SF/LR
604-943-8811 604-948-2345 604-948-HOME
Call Call Call
HR MR LR LR
cressey.com 604-922-0330 604-836-7355 cressey.com
Coming Soon Call From $490,000 Coming Soon
LR MR TH DU TH SF TH TH TH TH SF LR LR TH TH MR TH LR/TH SF SF
604-531-6659 From $288,900 cressey.com Call 604-691-5160 From $679,000 Inc. GST 604-723-4497 From $629,900 604-723-4497 From $399,800 604-560-1053 Call 604-571-6400 Call discovergrandviewheights.com 605-541-2495 From $560,900 604-506-1852 From low $400’s 604-560-6438 Call 604-536-0256 From $289,900 604-538-8028 Call 604-541-7480 Call 604-538-5588 Call for Info 604-531-2200 Call 604-582-1113 From $420’s 604-560-3238 From $230’s 604-560-3450 $729,900 604-833-9193 Call
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
www.macmarketingsolutions.com We sell the homes you want to buy. /MacMarketingSolutions
@MAC_Marketing
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Advice | CONDO SENSE
Elevator Etiquette: The 10 Commandments
By Jane Herman
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THERE’S A CERTAIN amount of common sense when it comes to elevator etiquette. If you live in a highrise, the elevator is the main way in and out of your home; a confined space in which you briefly encounter your neighbours several times daily. The natural instinct is to be absorbed in your own headspace, preoccupied with where you’re headed, and keeping strangers at a distance. And yet, the other elevator occupants, unfamiliar as they may be, deserve a modicum of courtesy. Unfortunately, most people have forgotten their elevator etiquette.
10 Rules of Elevator Etiquette: 1. Out first, then in. It only makes sense. Allow passengers to exit before attempting to board the elevator. 2. Take the stairs if you are only going one or two floors, except if the elevator is empty or you have a cart, stroller, large packages or are disabled. 3. Hold the door for others who are running to catch the elevator — especially your neighbours coming from down the hall. A plague on anyone who watches the door slide shut in someone’s face! 4. If you’re sick, wait for an empty elevator. If that is impossible, don’t cough and sneeze for the duration of the ride. And if that is impossible, never put your germ-infested hands on the floor buttons.
5. If you are first on the elevator or closest to the control panel, ask other riders what floor they would like. On the other hand, it’s somewhat rude to call out your floor to the person standing nearest the buttons as if that person is the elevator operator. 6. When other passengers board, move a little to give everyone some personal space. 7. Avoid carrying out interpersonal conversations, be they face-to-face or — particularly — talking on your cellphone. The elevator is not a phone booth. 8. Likewise, if you’re listening to your iPod, turn down the volume so you don’t disturb other riders.
9. If you’re carrying a backpack, make sure it doesn’t land in someone’s face when you turn around. 10. Never drop litter or deface the walls of the elevator. Vandalism hurts everyone. Riding in an elevator can bring out the best — or worst — in people. Think of the elevator as an extension of the building’s lobby, and of other riders as your guests. Remember, a little elevator etiquette goes a long way. Now, enjoy the ride! Jane Herman is a communications consultant who provides communications solutions for a diverse range of clients and has written about food, fashion, apartment living and personal finance for several publications.
R E N D E R I N G I S A N A RTI STI C I NTE R P R ETATI O N O N LY. TH I S I S N OT A N O F F E R I N G F O R S A L E. A NY S U C H O F F E R I N G C A N O N LY B E M A D E W ITH A D I S C L O S U R E STATE M E NT. E.&0.E.
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