APR 29 - MAY 13, 2016 VOLUME 1, ISSUE 9, FREE
METRO VANCOUVER EDITION
INSIDE THIS ISSUE
VANCOUVER’S DREAM OF ECODENSITY
BUILDING NEW NEIGHBOURHOODS
48+ Years 60+ Projects Over 4,000 Homes PHASE 4 JUST RELEASED!
ACT NOW FOR BEST SELECTION!
14555 68th Avenue
2855 156th Street
778-590-7283 | syncliving.ca
778-545-8737 | theheightsliving.ca
Open daily 12 - 5 pm (except Fridays)
Open Sat & Sun 12 - 5 pm (or any time by appointment)
L A K E W O O D . C A
SMART MONEY RECOGNIZES A HOT SPOT Set to become Metro Vancouver’s next major urban centre, West Coquitlam’s Evergreen Corridor is the city’s newest hot spot. At its heart, is the master-planned community of Lougheed Heights. The first release sold in an unprecedented 6 weeks, and Tower 2 is coming soon. And best of all, it’s backed by the Bosa name. Don’t miss out.
TOWER 2 COMING SOON
lougheedheights.com This is not an offering for sale. Lougheed Heights is developed by Bosa BlueSky Properties (Lougheed Heights 2) Inc. and Bosa Properties (Lougheed Heights 2) Inc. Renderings, sketches, layouts and finishes are representational only. E&OE.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 7
THE NEXT CHAPTER OF HYCROFT ROWHOMES COMING THIS SPRING
After the huge success of Hycroft’s first release, we are excited to present a second collection of these unique 4-bedroom rowhomes! Truly a rare find, Hycroft is nestled in South Surrey’s desirable Grandview Heights neighbourhood. These rowhomes have everything you are looking for in a home, from a distinctive main level entry, walkout patios and fenced yards, to finished basements and a detached garage. Revel in the space and freedom, because Hycroft rowhomes are all freehold properties brought to life by an experienced and visionary development team. 164 ST
GH 20 AVE
604 541 2495 hycroftrowhomes.com
16467 24 Avenue Surrey BC V3S 0C4
Hycroft 2 coming soon!
Any prices exclude taxes. StreetSide Developments reserves the right to make modifications and changes to the building designs, specifications and features should they become necessary. Floor plans, elevations, room sizes and square footages are based on preliminary architectural drawings and may vary from the actual built home. E.&O.E. Sales by Qualico Realty.
contents APRIL 29 - MAY 13, 2016 | VOLUME 1 ISSUE 9
ON THE COVER
Luxury living in Burquitlam
+ online NEIGHBOURHOOD
project profiles MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
Spacious. Sophisticated. Classic.
South Surrey townhomes, right where you want to be
52 The Smith
LOOK FOR THE CIRCLE
Spacious townhomes in the heart of Guildford
90 The Peak
Soaring high on Burnaby Mountain
Why you need context, not just data by Wayne Karl
46 Mind over mortgage Getting a mortgage after bankruptcy is possible by Alisa Aragon (continued on page 14)
Balance of strength & beauty
VISIT US TODAY!
Virtuoso embodies Adera’s mastery of the modern form. Their 10th building in UBC’s coveted Wesbrook Village, these residences embrace a central zen garden.
Quiet Home technology keeps life so serene you’ll never be sure if the neighbours have even moved in. Consummate living in the spirit of the west coast.
Virtuoso@Adera.com | 604.221.8878 118-6033 Gray Ave, Vancouver
*LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. VIRTUOSO ADERA PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277
(continued from page 12)
54 Mortgage advice
Creative ways to save for a down payment
PRESIDENT, YELLOW PAGES NEXTHOME
by Alyssa Richard
EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Which renos give the best ROI?
DIRECTOR OF SALES, NATIONAL
by Luke Sahlani
Building a budget by Gail Vaz-Oxlade
4 disgusting things you may not know you’re doing by Elisa Krovblit
30 Top 10 Canadian Malls ...and why you may want to live near them by Wayne Karl
What has become of Vancouver’s dream of sustainability and affordability?
86 Condo sense
by Cameron McNeill
by Stephanie MacDonald
99 What’s Online
What’s going down online at ypnexthome.ca
On the move
Don’t be pennywise and pound foolish by Chuck Resnick
buyers’ resource section
Stephanie MacDonald ART DIRECTOR
Find out what’s new and hot in Metro Vancouver’s real estate marketplace
by Susan Boyce
96 Listings Directory
in every issue
40 Style File
Wayne Karl Elisa Krovblit Lydia McNutt (on leave) Susan M Boyce DESIGN EDITOR
Yanic Simard MEDIA CONSULTANTS
Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103 SALES COORDINATOR
82 Hot Properties
neighbourhood With the Evergreen Line on the way, Burquitlam is where you want to be
by Lindsay Coulter
New neighbourhoods on industrial land
80 Queen of Green
Dry laundry faster and more sustainably with wool dryer balls
SENIOR SALES MANAGER, WESTERN CANADA
Bala Gnanapandithan GRAPHIC DESIGNER
Miguel Cea PRODUCTION CO-ORDINATOR
Hannah Yarkony Published by
White on White by Elisa Krovblit
42 Designer Advice
Choosing custom elements for your home by Yanic Simard
48 Mother’s Day Gift Ideas Be mom’s favourite this year by Jo Alcorn
22 Local Design Event
ADDRESS brings local talent to the Waterfall Building by Stephanie MacDonald
26 Vancouver 36
4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T 604.519.6080 F 604.519.6088 ypnexthome.ca
ADVERTISING Call 604.519.6080 for advertising
50 South Surrey/White Rock
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.
58 Surrey/Langley 72
84 Burnaby/New Westminster
rates and information.
The views and data expressed by columnists do not necessarily represent those of the publication.
17 Luxury Townhomes Coming Soon REGISTER TODAY
This is not an offering of sale, and that such an offering can only be made by filing a disclosure statement. E.&O.E. Copyright © 2016 Marcon W 57 (GP) Ltd. All Rights Reserved.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 15
Editors’ Notes THE WEST END
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/vancouver/west-end
Three simple steps to success Shopping for a home online is a great way to narrow your search, but there’s nothing like visiting the sites, models and sales offices to get down to the nitty-gritty. Before you venture out, here are some pointers: First, be clear about what you want and expect in a new home and in your builder. Remember, the range of prices in the new-home market generally reflects differences in location, features and home styles. There’s no magic involved. If a builder’s pricing seems out of whack with others in the area, ask for an explanation.
Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a “spec” sheet that clearly lists what is included, as well as any upgrade options. Third, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail – then take it to a lawyer before it’s finalized.
Priorities: space versus time
STEPHANIE MACDONALD Editor, Yellow Pages NextHome Email: Stephanie.MacDonald@ypnexthome.ca Twitter: @stephmacYP
+ get social 16 YPNEXTHOME.CA
Making compromises is one of the realities of life that you learn in kindergarten, and knowing how to prioritize is a skill that makes finding an ideal compromise much easier. In a region as desirable as ours, simple supply and demand principles are going to drive up real estate prices. One way to mitigate the affordability situation here is obviously to increase the supply, and to do this we’re going to have to densify. Though people lament the passing of the “Old Vancouver” into the present,
what this really means is that more people can afford to live here; with one compromise: space. Those unwilling to make this compromise, who want more space to live, have two options: to pay much more or to move farther away from the city core where geography and city limits do not have such a profound influence on land scarcity. For those working in the city, this means that more time will be spent commuting. So, would you rather have space, or free time?
Interact with us on social media: ypnexthome
UB TEA PLA
COAST MERIDIAN RD
KW AY B
Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows
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SW AY AV E
DEWDNEY TRUNK RD
DEWDNEY TRUNK RD
COLONY FARM REGIONAL PARK
MEADOW GARDENS GOLF COURSE
FORD RD FRASER RIVER
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
COQUITLAM A1. CROWN
PORT COQUITLAM A5. NOVELLA
A8. BURQUITLAM CAPITAL 513 Clarke Road 604-681-8220
711 Breslay St Presentation Centre #170 - 3355 North Rd (at Cameron St) 604-563-5777
A6. LLOYD AT WINDSOR GATE
NEW CONDOS: B1. ORCHID 2455 Wilson Ave. 604-866-4206
B2. FREMONT GREEN Fremont Connector 604-468-0084
A9. CRISTALLO HOMES 828 Gauthier Ave. 604-939-6816
3096 Windsor Gate 604-942-8416
A7. LOUGHEED HEIGHTS Presentation Centre 581 Clarke Road (at Como Lake Ave) Open daily noon to 5pm 604-939-2677
B3. PRIMA #110 - 2255 Wilson Ave 604-945-3999
A10. NELSON ON FOSTER North Road & Foster Ave. 604.998.8998
GOLDEN EARS BRIDGE
NEW HOMES: B4 FREMONT INDIGO 2332 Ranger Lane 604-552-0319
WWW.THEAGENCYREM.COM PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600
HAMMOND RD PITT MEADOWS AIRPORT
TE N ET
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COQUITLAM/PORT COQUITLAM/PORT MOODY
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 19
Property Profile | CRISTALLO
Cristallo Love Where You Live Location
West Coquitlam Builder
Dolomiti Homes Development
GET READY, COQUITLAM. Something exciting
is coming to the ’hood. Introducing Cristallo, a collection of 66 urban apartment residences with style, sophistication and pure joie de vivre. Oh, and did I mention a great location near schools, shops, parks and restaurants? Well it’s got all that too.
Cristallo Home Type
Condominiums Sales Centre
212 – 1020 Austin Avenue Contact
cristallohomes.com or 604.939.6816 20 YPNEXTHOME.CA
Homes For Living Well “West Coquitlam is well known as being a very family-friendly neighbourhood,” says Darryl Price, project manager. “That’s one of the reasons why we offer floorplans ranging from one-bedroom to three-bedroom with den. No one else in this area is offering three and den apartment homes, so it’s generating a lot of excitement.”
Inside, Cristallo homes are bright and spacious. All have oversized windows and nine-foot ceilings throughout, but top floor homes feature the added bonus of a soaring 11.5-foot vaulted ceiling in the living room. There’s an easy sense of flow between spaces, a connectivity that simply feels good. Naturally, kitchens are designed to kick your foodie dreams into high gear. Quartz counters, full-height glazed tile backsplash, soft-close cabinetry, and comfortable bar-style seating — it all adds up to a great place to get sizzlin’ or to simply hang out when entertaining family and friends.
Craftsmanship and Quality
A Great ’Hood
“Dolomiti Homes is a family-run company that’s been in the construction industry for over 30 years,” Darryl says. “You see their commitment to maintaining the tradition of Old World craftsmanship and quality everywhere in the details — swing doors onto your private balcony or deck, premium laminate flooring in main living areas, built-in closet organizers, bathroom tiling that looks just like marble but is a durable porcelain, and Kohler fixtures throughout. It’s just the way they believe a home should be built.”
When it comes to convenience, Cristallo is a winner too. You’re in a quiet, residential neighbourhood with shops and restaurants only a short stroll away, and when you want to head to downtown Vancouver, it’s an easy, bridgeless drive. Even better, the upcoming Evergreen Line will open a whole range of new transit options. Warm weather brings a diverse array of festivals and celebrations including the famous Festival du Bois a lively celebration of French
Canadian heritage. And here’s an insider tip. Mundy Park, found less than a five-minute drive away, is one of the Lower Mainland’s best huckleberry picking spots… but don’t let on I told you so. Cristallo will be located at 828 Gauthier Avenue in West Coquitlam. The presentation centre is now open noon to 5 p.m. daily except Fridays at 212 – 1020 Austin Avenue in Coquitlam. For more information visit cristallohomes. com or call 604.939.6816.
No one else in this area is offering three and den apartment homes, so it’s generating a lot of excitement. – Darryl Price
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 21
Springtime Design Showcase Local talents come together for an inspiring pop-up shop/gallery in the Waterfall Building this May by Stephanie MacDonald and Jenn Taggart, Pitch PR
DON’T MISS AN OPPORTUNITY to see
some of Vancouver’s brightest design talents coming together in an iconic Vancouver location on the first weekend of May. A well-regarded furniture designer and builder herself, Kate Duncan is the brains behind ADDRESS: part pop-up shop, part showroom and part gallery, ADDRESS is Vancouver’s largest local furniture and home accessories showcase. Now in its third year, this event gathers an astounding assembly of local talents to collaborate with Kate and her brand at the iconic Arthur Erickson Waterfall Building in the heart of the Armoury District on May 5- 8, 2016. As a local furniture designer and maker, Kate decided to create an opportunity where the abundant local talent she was surrounded by could be seen and promoted. This group of diverse talents are brought together by design methods that are deeply rooted in refined aesthetics, hands-on craftsmanship and use of exceptional materials; resulting in a variety of contemporary pieces. Participating brands are hand-selected by Kate herself. As the event grows each year, it becomes more and more important to stay true to the essence of ADDRESS: focus on the local makers and help provide a leg up within the industry. This year, Kate has invited local interior designer, Amber Kingsnorth of MāK Interiors to curate the event. This curated approach creates warm, inviting vignettes within the space that allow attendees to revel in design, not just view it. The brands are folded together seamlessly within the grouped collection to create a cultivated ambiance. This year’s ADDRESS line-up will feature 22 YPNEXTHOME.CA
MORE INSPIRATION ONLINE ypnexthome.ca/news/inspiration
the launch of Kate’s sexy new furniture line. There are another five brands launching new product at ADDRESS this year, including wonderful textile work by Ana Isabel Textiles, Antipod Workshop, Clothstudio (formerly Ravi Designs), as well as Fabulous Furnishings and Upholstery. Design industry heavyweights Nicholas Purcell Furniture, Ox + Monkey, Pot Inc., Propellor, Russell Hackney, Shipway Living Design, Stefanie Dueck, Steven Pollack, Trevor Mills Woodturning, WoodReform and Zoë Luyendijk in collaboration with Salari Fine Carpet Collections will all be featured in the show’s vignettes. “We’re pumped for this year’s event! Every aspect of ADDRESS gets bigger and better each year – this year is no exception. I am so very proud to be a part of the chic Vancouver design scene,” says Kate. Check out all this exciting show has to offer, May 5 - 8, 11am – 6pm, at the Waterfall Building, 1540 West 2nd Avenue, Vancouver.
COQUITLAM/PORT COQUITLAM/PORT MOODY
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 23
Neighbourhood Profile | BURQUITLAM
Burquitlam LIKE THE UNION OF a celebrity
couple, the names “Burnaby” and “Coquitlam” have been united in the name “Burquitlam,” to describe an area where these cities meet. Though some might say consider the boundaries of this neighbourhood a little fuzzy, the Planning Department of the City of Coquitlam describes them as being north of the golf course, east of North Road and south of Port Moody. LIFESTYLE At the meeting point of two distinct cities, it’s hard to qualify the lifestyle of this neighbourhood at the moment. One thing’s for certain, though: it’s all about to change. A new Skytrain station is opening here in 2016, and developers have been busy building around that. Expect all the gentrification that comes with densification…soon. 24 YPNEXTHOME.CA
Vibe This is an area in flux, and the vibe is one of excitement about what the future holds. People investing in this area are investing in its future and relying on the fact that when Burquitlam Skytrain station opens, it will be that much easier to get to and from this neighbourhood.
its alignment along Clarke Road, rapid bus service to the Lougheed SkyTrain Station and Coquitlam’s Regional Town Centre are all part its potential. When you add wonderful parks, such as Burnaby Lake and Como Lake, and the malls and shops already in this neighbourhood, you can see what all the buzz is about.
Meet the Neighbours In 2005, the average family income sat just above the B.C. average at $66,362, while unemployment was below-average at 7.7 per cent. At that same time, visibile minorities in this neighbourhood made up 38 per cent of the population, and the total immigrant population was 41 per cent.
Dollars & Sense Depending on where you go in Burquitlam, you can spend a couple of dollars on a coffee and a doughnut at Tim Horton’s or substantially more for a pastry and a latte at a place like Cumpari’s Gelato e Caffe. Retail stores tend to be middle-to-lower end (such as H&M and Bootlegger in Lougheed Mall).
In the Area Not only is a new rapid transit station proposed for Burquitlam, but factors such as its proximity to Simon Fraser University,
Planes, Trains & Automobiles The buzz about Burquitlam is the areadefining Burquitlam SkyTrain station
that will open with the Evergreen line in summer 2016. Once this is open, this will be the most convenient way to get around, whether commuting to and from downtown or Burnaby or elsewhere in the Tri-Cities. The Good, the Bad, the Rest As it stands now, Burquitlam is conveniently situated saddling two cities: Burnaby and Coquitlam. As such, current residents of the area have relatively easy access to the services offered by either city. When the Evergreen line opens, this location will be all the more convenient, and builders are banking on it: there’s a lot of development under way right now.
Burquitlam Park: A nice greenspace to play organized sports (there are lit tennis courts, a baseball diamond and basketball courts) or have fun in the playing field or in the children’s playground.
Real Estate Market » Rentersguide.ca You’ll definitely get more bang for your buck in Burquitlam. There is already a mix of housing here, but the Evergreen line will bring increased densification, which is usually good news for renters. Expect to pay around $800 for a one-bedroom apartment or condo (plus or minus from here, depending on the frills you need). $$
/ 19.5 km from Vancouver City Hall
You’ll definitely get more bang for your buck in Burquitlam, and this is an area that the real estate world is buzzing about in regards to investment potential, because of the soon-to-be Burquitlam SkyTrain Station. There is a mix of types of housing here at the moment, and the area is being carefully planned to make it an inceased-densification success story. $$ - Average, to $$$ - above average for detached homes
/ 19.5 km from Vancouver City Hall
Street Corner I just bought into the area, because it’s got great potential. I expect there will be lots of things popping up when more people like me move to the area and the SkyTrain station opens. – Sandy, nurse I’ve lived here a long time, I drive and I like things the way they are. I wish this whole SkyTrain thing wasn’t happening, but there’s not much I can do about it. – Mark, accountant I think this area needs new life, so I’m happy that it’s changing. There’s not much to do here now, and it’s a bit boring for young people like me. – Maria, barista
Vancouver Golf Club: Stunning grounds complement the excellent facilities at this members only golf club. This Vancouver Golf Club, which is located on a gorgeous 176-acre woodland park setting, has been open for over 50 years. http://www. vancouvergolfclub.com Cumpari’s Gelato E Caffe Inc: Truly excellent espresso and gelato at this Italian eatery. The canoli is also spectacular, and they have a variety of cheese cakes on hand. Something here to satisfy even the most discerning sweet tooth! https://plus.google. com/102021417285662819889/ about?gl=ca&hl=en Thai Garden Restaurant: Nothing fancy here, but good pad thai, and great lunch deals (most plates are under $7, and you can add a spring roll and salad for an additional $1.50). http://www.thaigardenthai.com Tartantown: If you have a Scottish enthusiast on your list of people to buy for, this place is full of kilt-y pleasures (sorry, couldn’t stop myself). Look for: bagpipes, Royal Scottish crystal, highland dancewear and tartans (obviously). https://www.tartantown.com APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 25
Vancouver | Downtown Vancouver SEABUS
W 12TH AVE
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12 QUEEN ELIZABETH PARK
E 33RD AVE
E 29TH AVE
W 41ST AVE E 41ST AVE
W 57TH AVE
9 OAK ST
W 49TH AVE
E 49TH AVE
W 70TH AVE
NEW CONDOS: 1. ARC 88 Pacific Blvd. 604-899-8800
2. 1555 WEST EIGHTH 1555 W 8th 604-828-3998 1555w8.com
3. SHANNON WALL CENTRE PRESENTATION CENTRE 2126 41st Avenue 604-267-2888
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
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. 8X ON THE PARK Richards & Helmcken 8xonthepark.com
SE MARIN E
15. GRAYSON 26th and Cambie 604-558-1907
12. ASTON Oak and 38th 604-418-6809
13. THE REGENT AT KING EDWARD STATION 523 W. King Edward Ave 604-273-1313
16. SHAUGHNESSY RESIDENCES 8123 Shaughnessy Street 604 558 5848
17. MAISONETTE SW corner of Granville & 57th marcon.ca/maisonette
14. OAK + PARK 604-558-5851
18. MCKINNON West Boulevard & 48th Ave. mckinnonbycressey.com
4. AVALON MEWS 5808 Wales 604-438-5050
WWW.THEAGENCYREM.COM PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600
W KING EDWARD AVE
PACIFIC SPIRIT PARK
E 1ST AVE
W 16TH AVE
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JERICHO BEACH PARK
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BR ST WE
HE EL LE EGACY OF CCOONNTTIINNUUIINNGG TTH DA L E C O L L E CT CCRREESSSSEEYY’ ’SS KKEERRRRIISSDA CTIIO ON N spaciousconcrete concreteresidences residencesfeaturing featuring one one of of the the largest, 4040spacious largest, most most functional functionalCresseyKitchens™ CresseyKitchens™ ever built, expansive private outdoor patios, and living spaces designed to entertain. ever built, expansive private outdoor patios, and living spaces designed to entertain.
H& & W WE E SS T T B BO OU CCOOMMI INNGG SSOOOONN TTOO 4488TTH UL LE EV VA AR RD D REGISTER NOW REGISTER NOW
This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E.
H CO IS M SU IN M G M E R
M O R E B R E ATHI N G R O O M
Spacious Parkside Homes on the Seawall Following the unprecedented popularity of VODA , Concert is proud to introduce NAVÍO , phase two of The Creek. NAVÍO ’s front yard is a 2.7-acre park—a true breath of fresh air. At its doorstep is the seawall—the world’s longest uninterrupted waterfront path and a tranquil route downtown. Follow it home to NAVÍO and enjoy more breathing room indoors and out.
False Creek’s largest selection of homes over 900 square feet
Register Today TheCreekbyConcert.com
This is not an offering for sale. Such offering may be made by Disclosure Statement only. March 2016. E.&O.E. Concert Realty Services Ltd. CONCERT, and all names of Concert’s residential properties, associated taglines and designs, are trademarks of Concert Properties Ltd., and are used under license by Concert Realty Services Ltd.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 29
10 top malls in Canada – and 1 reason to buy near them By Wayne Karl
Expansions Major retail expansions underway in the GTA: Sherway Gardens » Is undergoing a $350-million expansion to add 210,000 sq. ft. of retail space, bringing the total to 1.3 million sq. ft. and 245 stores » Includes four new full service restaurants, each with a unique dining experience » New, large stores for Harry Rosen and Sporting Life » Saks Fifth Avenue, opening in 2016 » Nordstrom, opening in 2017 Yorkdale Shopping Centre » Is undergoing a $331-million expansion, to be completed in fall 2016
MORE TRENDING ONLINE
» Includes 298,000 sq. ft. of new retail space
Square One BC AND ONTARIO aren’t just superstars
in residential property, they rock in the commercial real estate world as well – home to the 10 top malls in Canada. It’s well documented that these two provinces are home to Canada’s most expensive and most active housing markets. Now, a new study from commercial real estate services firm Avison Young shows they are also the top performers in retail sales. What’s the correlation? We’ll get to that in a minute. The study shows that BC and Vancouver were the leading province and city for retail sales growth in 2015, at 6.6 per cent and 9.9 per cent, respectively, followed by Ontario at 4.5 per cent and Toronto at 5.4 per cent. Toronto’s Yorkdale Shopping Centre was Canada’s most productive mall, with retail sales of $1,610 per square foot, displacing Vancouver’s Pacific Centre, 30 YPNEXTHOME.CA
which topped the list in 2014. Five of the 10 top-performing malls are in Ontario, and four of those are located in the Greater Toronto Area. “Despite economic headwinds, retailer failures, digital disruption and the purchasing habits of a new generation, Canada’s evolving retail property sector and its top malls are doing just fine,” says Bill Argeropoulos, principal and practice leader, research, Canada, for Avison Young. “While hundreds of millions of dollars have been invested to renovate, expand or upgrade some of the country’s prominent malls to attract new retailers and combat e-commerce, the retail
» Is undergoing a $320-million expansion, to be completed in spring 2016 » Includes a new 120,000-sq.-ft. Holt Renfrew » Also features another 75,000 sq.-ft. of space for additional retailers
sector continues to attract new entrants and significant investor interest as well.” So, what does all this mean for residential real estate? Not to oversimplify Economics 101, but solid population and wage growth are among the key contributors to both
“Despite economic headwinds, retailer failures, digital disruption and the purchasing habits of a new generation, Canada’s evolving retail property sector and its top malls are doing just fine”
TOP 10 SHOPPING MALLS*
Top 10 Retail Malls in Canada By sales per square foot
And how much it will cost you to buy a home nearby = average home price
Yorkdale Shopping Centre, Toronto $1,610
Pacific Centre, Vancouver $1,599
Oakridge Centre, Vancouver $1,537
Eaton Centre, Toronto $1,509
Southgate Centre, Edmonton $1,215
Chinook Centre, Calgary $1,119
Royal Bank Plaza, Toronto $1,096
Rideau Centre, Ottawa $1,018
Metropolis at Metrotown, Burnaby, BC $1,008
Square One, Mississauga, Ont. $994
Vancouver (including Burnaby)
2015: $902,801 2014: $812, 653
2 9 3
2015: $622,046 2014: $566,491
2015: $453,814 2014: $460,584
*By retail sales per square foot
2015: $546,296 2014: $506,579
8 1 4 7 10
2015: $369,477 2014: $363,161
DATA FOR AVERAGE HOME PRICES PROVIDED BY CANADIAN REAL ESTATE ASSOCIATION
healthy retail and real estate sectors. And with BC and Ontario economies and housing markets leading in this regard, it’s no surprise that residents in these areas are brimming in the consumer confidence department. So, those markets that are seeing the largest retail sales growth, are also those that are experiencing strong average home price growth. On the flip side, not surprisingly, oildependent provinces such as Alberta and Saskatchewan, which Argeropoulos says have the weakest outlook for retail sales,
are also among the areas where home price growth is weakest. When the likes of Saks Fifth Avenue and Nordstrom set up shop, or when a retailer such as Yorkdale Shopping Centre undergoes a major expansion, it’s usually a sign of good times, and that an area is on the upswing. Like proximity to mass transit, schools and other amenities, being close to shopping is a major attraction for homebuyers. These features are among the keys to enjoying your home while you live there, as well as for potential resale value in the future.
Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods. These companies make careful, long-range and well planned-out decisions in lockstep with municipalities and developers, based on hard data, research and demographic information. This is why major retail expansion is good news: it’s an indicator the economy continues to strengthen; and, for those looking to buy a home, it’s a sign to look out for new or expanding neighbourhoods and solid buying opportunities. APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 31
Advice | MAKE YOUR MOVE
Avoid being penny wise and pound foolish when planning your move By Chuck Resnick
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THERE’S AN OLD SAYING about being
penny wise and pound foolish, and I see this play out often in the moving industry. When anticipating moving your home or business, you have the option of hiring a moving company or doing it yourself. Although people assume DIY is the economical way to go, hiring a professional mover can, in fact, save you time, stress and even money. Think about it. By doing it yourself, you have to rent a truck, determine supplies/ moving equipment and other incidentals. You need to transfer your possessions from point A to B safely and efficiently, and find helpers. Few are qualified or willing to get behind the wheel of a moving truck, so likely what you end up with is a cargo van, which requires more than one trip. You ask a few friends and/or family members to help with the reward of cold beverages and pizza, but at the last minute, some of them do not show up. Those who do are probably not trained in things like how to lift boxes without hurting their backs. There is much more chance of injury when people move themselves. The most common reason why people opt for DIY is expense, because they assume that longtime, recognized, national brand movers are expensive. Relocation specialists offer skilled, trained, bonded, uniformed and experienced movers who have the same 32 YPNEXTHOME.CA
goal in mind as you — to move your items as quickly and as safely as possible. Many movers such as Two Men and a Truck Canada offer a free, no obligation in-home estimate so you know exactly where you stand should you choose to hire them. Many people don’t realize what it takes to move; you may be surprised at the cost and what it covers. If you hire professionals to pack as well, we have all the supplies that ensure safe travelling for all categories of possessions, from heavy books to fragile lamps. Our boxes, for example, come in standard sizes so they can be stacked in the moving van to maximize space. We have dollies, stretch wrap, blankets and ties for securing items to the van walls. The goal is to get everything in the truck secured, so it does not shift during travel. DIYers likely lack the know-how to do this effectively. Even if you do decide to pack your own belongings, consider purchasing professional packing materials from a reputable mover. Whether you are moving your
residence belongings or transferring office furniture, equipment and files, moving specialists know what to plan for and how to arrange the logistics. You may have a narrow window of opportunity because of booking elevators in a condominium, for example. We make it our business to take on the headaches of the move for you. Moving is one of the most exciting — and stressful — life steps you can take. Enlisting a professional mover is a fabulous stress reducer. If you are planning a move, think through the steps needed and keep an open mind to your options. Sure, you can do it yourself, but do you really want to? Doing it yourself will likely cost you more in time, money and aggravation. When you look at the big picture, hiring professional movers may be one of the best relocation decisions you could make! Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. Visit www.twomen.ca.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 33
3 & 4 BEDROOM TOWNHOMES
Craftsman inspired Westside Residences coming soon to Marpole. Designed by esteemed Formwerks Architectural, with modern interiors by Occupy Design. Close to Sir Winston Churchill Secondary School, and steps from Oak Park.
Available May 2016. Register now. ALABASTERHOMES.CA
604 558 5852
THIS IS NOT AN OFFERING OF SALE.
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 .
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
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A D D R E S S S TA R T I N G F R O M T H E L O W $ 9 0 0 , 0 0 0 s
Available June 2016. 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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Lonsdale Ave & West 1st St 604-684-8686
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SEARCH ONLINE ypnexthome.ca
E L R D MAI N LEVE ST LOW
5. SEYMOUR VILLAGE
3. FIRST STREET WEST
KEITH RD E
Presentation Centre 238 Fell Ave 604-980-0016
VE YA WA AV ST UT E N T AV ES CK CH LO M R HE DD OR ILF GU
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MT SEYMOUR PKY
2. THE SHORE ROBIN DR
NEW CONDOS: Edgemont Blvd & Ridgewood Dr 604-699-0036
CH E PRESENTATION R RY CENTRE DR #100-1199 Lynn Valley Road 604-924-0166
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LYNN HEADWATERS REGIONAL PARK
NORTH SHORE CYPRESS
CYPRESS BOWL RD
590 Raven Woods Dr. 604-924-0818
6. CONNAUGHT Edgemont Blvd. & Ridgewood Dr. 604-699-0036
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 37
Advice | FUNDAMENTALLY SPEAKING
Why we need context, not just data, on foreign investors By Wayne Karl IMAGINE A HOUSE of cards – or a game
of Jenga – where one wrong move could cause everything to come crashing down. This is the fear some have when it comes to foreign investors in Canadian real estate. The concern is that foreign buyers– those who live elsewhere but buy properties in Canada and rent them out – are driving up home prices, particularly in hot markets such as Vancouver and Toronto. This offshore demand is leading to, some believe, an artificial and unsustainable market which could cause a crash if for any reason these owners pulled out or sold their homes en masse. “People are concerned that foreign buyers are coming in and buying too many properties and driving the prices up,” Ben Myers, senior vice-president, market research and analytics at Fortress Real Developments, told New Home Guide. “That is the big concern.” Canada Mortgage and Housing Corp. is taking steps to address this “data gap,” by scheduling meetings with industry stakeholders and other measures. In Budget 2016, Prime Minister Justin Trudeau promised to get a better handle on the issue. Some of these foreign buyers are paying cash – given that Canadian properties are a relative bargain compared to prices back home for Chinese buyers, for example. This means they’re not borrowing from Canadian banks or requiring insurance from CMHC, further contributing to the dearth of data. Without such transparency, it could fall on real estate agents and
MORE ADVICE ONLINE nexthome.yp.ca/waynekarl
lawyers to report such transactions. The problem with this scenario, points out Don R. Campbell, well known real estate investor and author, is that “data without action or policy is just knowledge.” There is nothing currently in place preventing foreigners from purchasing Canadian real estate. “I’m a stats guy,” adds Myers. “I’d love to see the information, but I think we have a pretty good idea that residential real estate sales activity to non-domestic buyers is pretty isolated to Toronto and Vancouver. Should Canadian taxpayers in every other metro area be on the hook for the cost of collecting this info?
“If we find out foreign buyers own 1.2 per cent of Canadian residential dwellings – 3.5 per cent in Toronto units and 6.1 per cent in Vancouver – then what? How much will it cost to take the next steps? “Even if you had the proper data and the world’s best econometricians, you could never know what a home would have sold for if a foreign purchaser didn’t buy it,” says Myers. Campbell says any such data would be “incredibly inaccurate, given the many ways in which the ultimate purchaser can hide who is buying.” He also points out that The Personal Information Protection and Electronic Documents Act (PIPEDA) could limit any disclosure. PIPEDA sets out ground rules for how private sector organizations may collect, use or disclose personal information in the course of commercial activities.
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at firstname.lastname@example.org or follow him on Twitter at Twitter.com/WayneKarl
Inspiration Acrylic and chrome bar cart $499 homesense.ca
Stockholm sofa, Röstånga white $999 ikea.ca
LIGHT & WHITE
Shaping up to be one of 2016’s hottest trends, white on white is clean and elegant. Interest comes from combining pattern, textiles, objects and texture. It’s whimsical, sophisticated and fills the space with personality. By Elisa Krovblit
Memphis white rug $399-$1,999 crateandbarrel.ca
White hashtag $5.50 chapters.indigo.ca
Klere bookcase $899 eq3.com
MORE TRENDING ONLINE ypnexthome.ca/news/inspiration
PH PHA AS SE 1 E SOLD 2 O NO UT IN W 3M SE ONT L L HS IN G
W t m x sky swey l earth
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RAVEN WOODS DR
REGISTER NOW | PURE NORTH SHORE LIVING WWW.SEYMOURVILLAGE.COM | 604 924 0818 590 RAVEN WOODS DR | NORTH VANCOUVER OPEN DAILY 12 - 5, (except Fridays)
PRICING AND AVAILABILITY SUBJECT TO CHANGE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION CONTAINED HEREIN WITHOUT PRIOR NOTICE. E.&.O.E.
Inspiration | Q&A
YANIC SIMARD ON
CREATING CUSTOM By Elisa Krovblit | Photos Brandon Barre
WHEN YOU HIRE A DESIGNER the space
they create for you is, of course, custom. But the elements in that room — are they a carefully curated collection that will work in your space or are they custom made, just for you? New Condo Guide caught up with celebrity designer Yanic Simard, principal of the award-winning boutique firm Toronto Interior Design Group (tidg.ca), to ask him about custom pieces, and he’s given us some amazing insight into creating the best custom essentials for your home.
New Condo Guide: Why custom? Yanic Simard: My idea of comfort is living in a space that feels right — a personal retreat where you end up at the 42 YPNEXTHOME.CA
end of the day, and it just feels good. Going custom is the best way to achieve that.
NCG: Custom can be costly. Are there cost-eﬀective ways to get custom looks? YS: Upholstery. Custom upholstering an entire piece of furniture, such as an armchair or a sofa, can quickly add up. But focusing on something simple, like the seats of dining chairs, can be a small investment with a big payoﬀ. This approach also gives you the opportunity to create a lot of looks that you are unlikely to find in a store, such as matching your drapery to a chair back for a statement that says “custom,” loud and clear. This also provides an opportunity to use a small amount of high-end fabric for accents and apply a plainer and more durable material to high-impact areas, such as the seat, for the best of both worlds (and a balanced budget). NCG: Are there areas where you more strongly recommend going the custom route? YS: Drapery. As with upholstery, custom draperies can require investing in materials and labour. However, a custom drapery treatment is by far
the best way to achieve an elegant look, especially for windows of an unusual size or walls that do not perfectly suit a pre-made panel. This is why custom drapery is generally considered worth the investment. In many cases it is possible to extend a ready-made panel instead of starting from scratch. In much less time than it takes to make a panel from scratch, a seamstress (or skilled DIYer) can cut the bottom of a packaged curtain and attach a panel of a second fabric, creating a perfect length, colour-block statement without the full price tag.
NCG: Do you recommend customizing pieces of furniture? YS: Creating a custom piece of furniture for a client is many designers’ dream, but it can sound more like a nightmare for homeowners. The cost, time, imagination and decisions required can make choosing a custom piece seem overwhelming compared to simply dropping by a store and walking away with a new find. NCG: Are there any design issues that are more easily overcome with custom options, where you tend to prefer custom? YS: Mirrors for the bathroom. Custom inset mirrors solve a lot of issues in bathroom design. They expand a space visually, and they also replace a large area of tile, allowing a seamless, fully tiled look without requiring as much material to be purchased. When you use a mirror wall to wall or floor to ceiling — and skip the frame cost — you’ll save even more while getting a perfectly polished look. It’s a good idea especially in a compact bathroom, letting you splurge on a smaller amount of must-have stone and doubling the look of it. NCG: What are some of the current trends in customization? YS: There’s a big trend to upcycle, so if what you have is in good condition,
customizing the finish is becoming a popular option. Beautiful, colourful cabinetry can be rare, especially in the exact hue of your choice. In fact, you’re more likely to find a dated or drab shade if you’re living in an older home. If the existing units are in good condition, having the fronts sprayed with a new finish can be very reasonable in price compared to a full replacement. The same can be said for salvaged vanities. Whether your look is eclectic, traditional, modern or rustic, a salvaged furniture piece used as a vanity can make for an excellent twist in any bathroom. A simple coat of paint (or just a sealant to keep worn-in character as is), a few cuts and a basic block vessel sink can transform nearly any furniture piece into a bathroom vanity. You can also try adding a solid slab to create a more traditional countertop, or take an inexpensive cabinet frame and replace just the doors to achieve a unique look while still providing plenty of closed storage.
NCG: Are there any customizations that are particularly influenced by the client? YS: Art — this is definitely one element that needs to speak to the client on another level. In a Miami condo space I recently designed, I wanted to bring a sense of South Beach artistic flair without letting it swallow the budget. I found high-resolution images created by a local artist online and had them printed directly onto acrylic. If you want to customize art for yourself, ask a local printer what materials they can print on, and try something fun, like canvas, cloth, parchment, plastic or even wood. The result will be unique art pieces with a true artistic story, but without the art auction price. And of course, there are also many good reasons to buy a one-of-akind original piece of art from your local gallery. Sometimes just a little change goes a beautifully long way. APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 43
MA SW AY A2
SOUTH FRASE R WAY
1ST AVE 2ND AVE 3RD AVE 4TH AVE CHEAM AVE 5TH AVE
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C H I L L I WAC K
30989 Westridge Place 604.607.7801 East Abbotsford 604.746.OAKS (6257)
2031 McCallum Road 604.855.8116
A3. RESIDENCES AT GATEWAY
PRAIRIE CENTRAL RD
CK IWA I LL
A2. TEN OAKS
A4. MAHOGANY AT MILL LAKE 2180 Gladwin Road 778.255.9990
NEW HOMES: B1. RIVER’S EDGE
S SUMAS RD
Intersection of Peach Rd. and Dyke Rd. 604.824.5062
B2. PARK RIDGE AT SARDIS VILLAGE THOMAS RD
WATSON GLEN PARK
KEITH WILSON RD
45761 Stevenson Road 604.703.9292
VANCOUVER LUXURY. ABBOTSFORD PRICES. FROm THE mID $200’S GENEROUSLY SIZED 674 SF TO 1,680 SF* Presentation Centre is now open daily (except Fridays) from 12 – 5 pm at 2180 Gladwin Road, Abbotsford.
MAhOgANY, A SPECTACULAR NEw COLLECTION OF LUXURY hOMES. wITh 26 STOREYS OF CONCRETE CONSTRUCTION, INCREDIBLE VIEwS AND gENEROUS AMENITIES OVERLOOkINg BEAUTIFUL MILL LAkE. 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.
Advice | MIND OVER MORTGAGE
10 Tips on obtaining a mortgage after bankruptcy People get into financial trouble for many reasons. Here’s how to work your way out By Alisa Aragon
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MANY CANADIANS FIND themselves bogged down with a bad credit rating for the wrong reason – illness, losing a job or simply not understanding consumer credit. Sometimes bad financial situations happen to good people and bankruptcy is the only way out. But it’s not all doom and gloom, there are a number of strategies for putting one’s credit back on track and getting approved for a mortgage, even after bankruptcy. Going from one financial institution to the next, only to be declined again and again can be very frustrating. This is where an experienced Mortgage Expert can make all the difference. The following are some key points to take into account: » Reasons for bankruptcy: If a bankruptcy was due to factors beyond your control, this is more acceptable to the lender than if the bankruptcy was the result of poor money management and excessive debt, which can affect the terms of an applicant’s mortgage approval. » Length of time since bankruptcy discharge: Different lenders have different criteria regarding the length of time since a bankruptcy after which they will grant a mortgage – typically two years along with proof of reestablished credit. Some lenders will 46 YPNEXTHOME.CA
consider applicants with a more recent bankruptcy as long as the bankruptcy has been discharged. Locating the right lender: Some lenders will not approve a mortgage if a bankruptcy shows up on a credit report, however some lenders on the B-side (alternative lenders) will consider doing so, provided the borrower can demonstrate that he or she has the income to support the payments and is now a lower credit risk. The type of property: Lenders look at properties in good condition located in urban centres and desirable neighbourhoods that are highly marketable. Size of down payment: With a past bankruptcy, most lenders will consider at least a minimum 20% down payment consisting of 10% of the down payment coming from borrower’s own funds. Credit report: A detailed history of how consistently one’s financial obligations are met, a credit report provides a picture of financial health based on past behaviour. You can obtain a copy of your credit report for free from
Equifax at equifax.ca and Trans Union at transunion.ca. Credit score: A credit score is an objective summary that translates personal information from a credit report and other sources into a threedigit number representing overall credit-worthiness. A borrower’s credit score may determine the rate of the mortgage; the higher one’s credit score, the better the rate. Rate considerations: Most lenders charge a higher interest rate and even some extra fees to those with a bankruptcy. A lender may grant a better rate if certain lending criteria have been met, such as: two years since bankruptcy discharge, good reestablished credit, minimum beacon scores, saved down payment, good debt servicing ratios, and a long term history of job stability. Re-established credit: Re-established credit shows the lender that a prospective borrower has new credit and has managed it well since bankruptcy. Typically, re-established credit should involve a recent record of on-time payments on credit cards. Don’t do it alone – Explore the benefits offered by Mortgage Expert: For those with bad credit and/or bankruptcy, a Mortgage Expert can coach you on how to improve your credit score over time.
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 email@example.com
CALL TODAY FOR PRIVATE PREVIEW A LIMITED COLLECTION OF 54 NEW SUBURBAN TOWNHOMES LOCATED IN A PRIVATE PARK-LIKE SETTING IN EAST ABBOTSFORD. Crafted with timeless Prairie style architecture and designed with room to spare. All homes feature a walk-out front or rear yard, gas appliances and parking for as many as four cars! Homes range in size from 1293 – 2584 sq ft. Starting from the mid $300’s.
Find out more by registering TenOaks.ca 1- 604-746-OAKS (6257)
In our continuing effort to improve and maintain the high standard of the Elements development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and areas are approximate and are based on Architectural measurements. As reverse and/or mirrored plans occur throughout the development phases please see latest set of architectural plans for current layout if material to your decision to purchase. Illustrations and renderings are an artist’s conception and are intended as a general reference only. Please see disclosure statement for specific offering details. E. & O.E.
Advice | STYLE FILE 1
Mother’s Day Gifts for the home
FOR EVERYTHING MOTHERS DO, Mother’s Day is a
perfect time to say thanks. But coming up with a way to show your thanks can be a challenge. You probably want to get mom something special that she’ll treasure, something to pamper her, or something useful. Here are some gift suggestions I know my mom, and many mothers I know, would love to receive.
1. Service for four — or more! Does your mom love to have gatherings over meals? Or enjoy entertaining outside? The PC home goods and dishware from Real Canadian Superstore for the spring are stunning! From bold colours and prints to 48 YPNEXTHOME.CA
neutral tinted clears, they have a look and feel that’s sure to put a smile on mom’s face every time she entertains…and every time she thinks about who supplied these great pieces. And at these prices, you can treat mom to multiple pieces! They are available at Real Canadian Superstores nationwide and select Loblaws.
2. Table Reclaim your place as her favourite child with this funky furniture from Lumin Concepts. It¹s a side table, stool, footrest, or a record crate for her Abba collection. A versatile piece using reclaimed barnboard, smooth interior birch wood, and a fabricated steel base. $395 Luminconcepts.com
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3. Art with heart There is nothing like a creating art from a special photo to make mom happy on her special day. Posterjack is my go-to for turning my photos into art. They offer acrylic prints and blocks that are sure to wow! You can use your own personal pictures or choose from a huge gallery of stock photography. Check out posterjack.ca.
Canada’s top up-and-coming neighbourhoods While every city in Canada holds dear its most popular neighbourhoods, there is always room for great places to live, and better yet, to be the first to discover them. Toronto’s West Queen West wasn’t always hip, Vancouver’s West End didn’t always win awards and Calgary’s Beltine couldn’t always have been one of the best. Here’s our list of up-and-coming neighbourhoods to look out for in 2016!
4. Kitchen confidential If your mom is anything like mine, she is probably hanging onto old serving dishes and trays. This year surprise her with something new that’s functional and also brightens up her table. I love the KitchenAid nesting ceramic four-piece set in almond cream.
5. Home oasis When you’re not sure what to get mom, and just need to have inspiration hit, take a trip to Bouclair. They have so many cute and inspiring pieces to choose from. This year my favourite might just be their new mugs just in time for Mother’s Day. Find them at bouclair.com.
6. Perfect pillows I may be a bit biased here, but I think adding a pop of colour in the form of a pillow is a great way to spice up any decor. My line of throw pillows is fully washable, including the cover and the filling; toss the pillow in the washing machine and it comes out looking like new. Every pillow has hypoallergenic down-like feather filling, is reversible, cruelty-free, and recyclable. The Jo Alcorn Collection is available at shop.ca.
7. Plant Give mum back the gift of life with these beautiful minimalist plant-scapes from Kermodi Living Art. Providing high design with low maintenance (unlike her children), this verdant vegetation will brighten up any space; green thumb not required. Various prices. Visit the Kermodi showroom at Parliament Interiors at 1115 Water Street in Gastown or parliamentinteriors.com
Jo Alcorn is a design specialist and designer on HGTV’s Home to Win, premiering April 24, 2016. She has her own furniture collection, signature pillow and dog bed line and is known for her savvy design concepts. Visit Jo at whitewashco.ca.
1. River District, Vancouver Set to be similar to Yaletown, River District will be a large neighbourhood on the banks of the Fraser River. With the help of locals and experts in design, architecture and environmental sustainability, Wesgroup is creating a neighbourhood from the ground up. It will be a peopleoriented, vibrant neighbourhood with many amenities, as well as a waterfront pathway with wildlife, jogging and biking. Even cooler, River District will have an old-fashioned town centre with shops, restaurants and a variety of services.
2. Seton, Calgary Seton, home to Calgary’s new South Health Campus, will be the city’s newest urban district... See Jackie Marchildon and Sonia Bell’s full list of up-and-coming neighbourhoods online. Read the full story…
nexthome.yp.ca/up-and-coming APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 49
South Surrey | White Rock
SERPENTINE FEN NATURE RESERVE
99 32ND AVE 8
2 12 5 SUNNYSIDE ACRES URBAN FOREST PARK
SOUTH SURREY ATHLETIC PARK
CRESCENT BEACH / BLACKIE SPIT
15 10TH AVE
SOUTH SURREY / WHITE ROCK NEW CONDOS: 1. BEVERLEY CANADA 1458 Vidol St beverleybycressey.com UNITED STATES OF 604.560.0075
Open by appointment only 15188 29A Ave 604-560-3238 20th Ave. & 154th St. 604.531.6659
4. HEIGHTS CONDOS 2855 156th Street, Surrey 778.545.8737
9. HYCROFT ROWHOUSE
10. THE SMITH
AMERICA15268 28 Ave
2. SOUTH POINT WALK
5. DAWSON + SAWYER OLD SCHOOL
1551 - 130 ST. 604-833-9193
11. SAKURA 156th St. & 28 Ave 604-538-5588
16780 22A Ave, 604-648-8065 Presentation Centre #30 - 2411 - 160th St 15811-28th Ave 604-506-1852
13. OLIVER 2855 - 158th St. 604-536-9333
14. NOTTING HILL 24th Ave & 165th Street 778-291-2828
12. SOUTH RIDGE CLUB
8. HYDE PARK
24th Ave & 168th Street meetthesmiths.ca
7. THE ESTATES AT SOUTHWOOD
16467 - 24th Ave. 604-541-2495
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
R D VE L O SO %
65 GRAND FLATS FROM $299,900 ROOFTOP TOWNHOMES FROM $449,900 TRADITIONAL TOWNHOMES FROM $509,900
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 aspiring owners, Notting Hill offers a limited collection of four distinctive home designs, including rare single level, one bedroom and flex room townhomes, named “The Grand Flats.” Grand Flats are walk-up, single level residences with a street facing front door and private outdoor courtyard entrance. If you are in the market for an affordable new home, you will want to check these exclusive homes out before it’s too late!
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
Property Profile | THE SMITH
South Surrey Builder
Iconik Homes Development
The Smith Home Type
Townhomes Sales Centres:
2427 – 164th Street Contact
meetthesmiths.ca or 778.593.4990
The Smith Upgrade Your Lifestyle THEY’RE SOPHISTICATED, spacious and charismatic. Did I mention classic and handsome too? Introducing The Smith, a distinctive collection of townhomes you’re definitely going to want to get to know. Located in the heart of South Surrey’s dynamic Grandview Heights neighbourhood, these homes are modern classics in the making. Fresh and contemporary, with a welcoming curb appeal, there’s a sense of space here — space for the things that matter in your life: friends, family, entertaining or just kicking back. “The Smith’s floorplans range from 1,460 to over 2,800 square feet and all 52 YPNEXTHOME.CA
come with a den or recreation room — some have both,” says Michelle Boshard, vice president of project marketing with Frontline Real Estate Services. “And they’re meticulously designed so you can tick off all the items on your wish list — double-car garage, powder room on the main, even a side-by-side washer/dryer — so they’re anything but common.”
Neighbourhood to Delight Then there’s The Smith’s proximity to — well, to everything. You’re close to parks, transit and some of the best schools in Metro Vancouver including the prestigious Southridge Private School. You can walk to the shops and
amenities at Grandview Corners and Morgan Crossing. And the selection of restaurants just keeps getting better every day. And here’s a news flash. The Grandview Heights Aquatics Centre is now open and found just a short stroll or bike ride away. Talk about convenience. The Smith offers a total of 40, spacious three- and four-bedroom townhomes priced from the $500,000s. Presentation centre and display home are now open noon to 5 p.m. daily except Fridays at 2427 – 164th Street in Surrey. For more information visit meetthesmiths.ca or call 778.593.4990.
D nd L e SO eek % 70 ng W ni e p
Advice | MORTGAGE ADVICE
Savings options for buying a home By Alyssa Richard
MORE ADVICE ONLINE ypnexthome.ca/news/advice
IF YOU WANT TO SAVE for a home in the next five years, you should avoid stocks because you could lose money. Instead, you should use no-risk options like a high-interest savings account or GICs. But what type of savings vehicle should you use? There are three different types of accounts to choose from and each has its own advantages and disadvantages. Here are your options:
RRSP An RRSP allows the money you save to grow tax-free. If you qualify as a firsttime homebuyer, you’ll also be able to take advantage of the Home Buyers’ Plan (HBP). Using the HBP, you can withdraw up to $25,000 from your RRSP as long as the money was deposited more than 90 days ago. If you’re buying with a spouse or partner who’s also a first-time buyer, you can each take out $25,000 for a total of $50,000. The money you withdraw has to be taken out no later than 30 days after the closing date. You must repay what you borrowed the second year after the year you
YEAR HBP Balance Annual Repayment Amount Your Payment 54 YPNEXTHOME.CA
withdrew the funds. You have up to 15 years to repay that amount. For example, if you borrow $24,000 from your RRSP, you’ll need to pay $1,600 a year ($24,000 divided by 15, equals $1,600). You can pay more than the $1,600 towards your HBP in any given year and your annual payments will decrease. If you decide to pay $9,400 in the second year, then you’ll only need to pay $1,000 a year thereafter. The great thing about the money you withdraw from your RRSP for the HBP is it’s tax-free. However, if you can’t afford to make the annual payment, you’ll have to declare it as RRSP income on your tax return. TFSA Like an RRSP, a TFSA also allows your money to grow tax-free. But there aren’t as many restrictions as there are with an RRSP. If you’re buying a home for the second or third time, you can still make
÷ 15 years)
÷ 14 years)
÷ 13 years)
a tax-free withdrawal from your TFSA. There aren’t any first-time homebuyer restrictions. You’re not restricted from borrowing just $25,000 because you can withdraw as much as you want from a TFSA. You also don’t have to pay the money back over a specific timeframe. In fact, you don’t have to repay the amount you took out and there aren’t any tax penalties. The other good thing about using your TFSA is you keep your RRSP intact and allow your money to compound over time so you can save more for retirement. However, you won’t get a tax refund if you save using a TFSA instead of an RRSP. If you were to get a refund, you could use that extra cash for your down payment and be able to save even more money. Non-registered account You could use a non-registered account to save for a house but this isn’t the best option because you’ll be taxed on any interest earned. The only reason you might use this type of account is if you don’t have any RRSP or TFSA contribution room, which is highly unlikely. However, you can withdraw as much money as you want from a nonregistered account and you never have to pay it back. Which one to choose? RRSPs and TFSAs allow your money to grow tax-free while a non-registered account does not. A TFSA has fewer restrictions while a saving in an RRSP will provide you with tax refunds, which can increase your savings. The best option might be to use a combination of both. 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.
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Property Profile | MORGAN
South Surrey Builder
MOSAIC Homes Development
Morgan Heights Home Type
Rowhomes Sales Centres:
24th Avenue between 162nd and 163rd Streets Contact
mosaichomes.com or call 604.538.8695
Fall in Love with Your Neighbourhood
Morgan A Better Home MARK THE DATE: SATURDAY, May 7th at noon sharp. Why? Because that’s the day your wait will be over and sales begin at MORGAN, South Surrey’s newest collection of redbrick rowhomes by MOSAIC Homes. “Redbrick Georgian rowhomes are what made MOSAIC famous,” says Geoff Duyker. “Simply put, we love Georgian rowhomes and are proud to share the expertise we’ve gained after 13 years with our buyers at MORGAN. We continue to sweat the smallest details — master suites that accommodate a king-sized bed, kitchen islands with an eating bar and the space to walk behind it, 10-foot ceilings throughout the main living levels and
recessed portico-style entryways framed in red brick.” Best of all, whether it’s a sunny, space-efficienct two-bedroom and den ideal for first time buyers or a luxurious, four-bedroom home for active, growing families, MORGAN has a plan to suit every lifestyle. Inside, MORGAN features interiors inspired by Shaker and farmhouse kitchens — simple proportions and detailing, soothing white-on-white tones with metallic accents, and plenty of natural materials like stone slab counters and engineered hardwood flooring. “The look is crisp, uncluttered and timeless yet reflects a smart, contemporary feel with every modern essential,” Geoff explains.
“The Morgan Heights neighbourhood has developed a unique identity and sense of community that’s just going to get better with time,” Geoff notes. “It’s a neighbourhood rich in amenities, and MORGAN is perfectly positioned to take full advantage of them all.” No kidding. The soon to be complete Oak Meadows Park is right next door, Grandview Ridge Trail greenway connects you to parks and other public green spaces, plus you can stroll to the brand new Grandview Heights Aquatic Centre in about 10 minutes. Or, when you’re feeling the need for some retail therapy and a celebratory dinner out, The Shops at Morgan Crossing and Grandview Corners await your pleasure just a few blocks down the road. “Parents also tell us they appreciate being so close to both Southridge Private School and Earl Marriott Public School,” he adds. The MORGAN Home Store and three, fully decorated model homes open on Saturday, May 7th on 24th Avenue between 162nd and 163rd Streets in South Surrey. Priced from $449,900 with two-, three- and four-bedroom plans available. For more information and to priority register, visit mosaichomes.com or call 604.538.8695. APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 57
Surrey | Langley
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Property Profile | GUILDHOUSE
GUILDHOUSE New View on Guildford
MOSAIC Homes Development
Guildhouse Home Type
Apartments Sales Centres:
Coming soon Contact
mosaichomes.com or 604.574.1143
SOMETHING FRESH AND exciting is
coming to Guildford. And if you’re looking for a home that’s just a little bit different, a home sure to be the envy of your friends, then you’ll want to check out GUILDHOUSE. Brought to you by MOSAIC Homes, GUILDHOUSE’s one-, two-, and threebedroom Georgian city homes have already caused a flurry of excitement with an ultra-convenient location and sizzling design. “We will be offering some exciting new floorplans including a super-efficient one-bed, one-bath that’s going to be a great option for first-time buyers,” says MOASAIC’s Geoff Duyker. “And, of course, every home will have the same, painstaking attention to the small details that make a huge difference to livability — open, airy homes that are filled with light so they’re beautiful to look at and easy to love.”
“We’re long-time fans of this neighbourhood’s proximity to the amazing retail/entertainment amenities at the renewed Guildford Town Centre,” Geoff says. Rapidly he lists off a few favourites: The Apple Store, Aritzia, Sephora, H&M, and the multiple big screens of Landmark Cinemas. “And if you love Mexican food, you have to check out Chipotle — the best chicken tacos in Surrey.” Of course, there’s also The Taphouse when you’re in the mood for locally sourced craft beers and shared platters.
Celebrate Connectivity You know it — mobility matters. Well GUILDHOUSE has you covered. Easy access to the Port Mann Bridge and Highway 1 means travel time to Vancouver, Burnaby and the North Shore has been significantly reduced and
getting eastbound to the sunshine of Interior BC is a snap. Homeowners who prefer to go green by transit will be able to simply stroll over to the neighbouring Guildford Exchange and hop onboard. “GUILDHOUSE will also be a short walk to the planned light rapid transit infrastructure that will connect to the Surrey Central SkyTrain Station,” Geoff says. Then he grins. “Meaning all those hours you’ll save commuting will give you more time to satisfy your retail cravings at Guildford Town Centre, enjoy a stroll through Green Timbers Urban Forest, or simply sleep in.” And after all, everyone deserves to sleep in — at least once in a while. The GUILDHOUSE Home Store opens early this summer at Guildford in Surrey. For more information visit mosaichomes.com or call 604.574.1143. APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 59
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Vancouver’s dream of “EcoDensity” Where Do Affordability and Sustainability meet? By Stephanie MacDonald AFFORDABILITY AND SUSTAINABILITY. Are there
two more over-used words in the Vancouver real estate market? Probably not (though “livability is right up there). While it’s important that we keep this conversation going, it is understandable if hearing about these topics endlessly makes you want to just give up and build yourself a driftwood shack
on Wreck Beach (no need for that walk-in closet to store your clothes at least!). As land and home prices in Metro Vancouver have sharply risen, City Hall has been slowly changing land use policy and zoning restrictions to allow for more density. There’s been much opposition from those who believe this is ruining traditional single-family neighbourhoods, but when we look …continued on page 66
PHASE 4 JUST RELEASED 2 + 3 Bedroom Townhomes Priced from the Mid $300’s Sales Centre Open Daily Noon to 5pm (except Fridays) 14555 68th Avenue, Surrey, BC
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APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 65
…continued from page 64
The City of Vancouver’s The EcoDensity program, officially launched in 2007, was an unprecedented planning effort to use density, design, and land use as catalysts for an environmentally sustainable, affordable and livable Vancouver. at this trend worldwide, in a historical context, as well as from a sustainability perspective, we can see that it is the right, perhaps only, way to move forward. “There’s virtually no single-family housing in New York City or London,” said Bob Rennie at the 2015 Urban development Institute luncheon. He went on to say that unless Vancouver wanted to become a “resort city” for the rich, people are going to have to accept that their dreams of a single family home need to be adjusted. John Stevell of Reliance properties pointed out that before WW2, single room occupancy hotels and rooming houses were considered perfectly ﬁne places for unmarried working people to live. With the economic boom of the 1950s, all of a sudden everyone needed a white picket
fence, and for a while, Vancouver could sustain this growth. Then we ran out of space. Simple supply-side economics deﬁnitely is behind the rise of home prices and reduced affordability, but affordability isn’t the only reason that we should be embracing density. There’s our other Vancouver buzzword to consider: sustainability. Dense communities can also make diverse green systems, such as district energy, cheaper to build and higher density buildings themselves enable sharing of resources such as energy and water. Moving from single-family homes to condominiums can result to a 40% reduction in the ecological footprint of the household related to housing and transportation. …continued on page 68
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This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O.E.
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…continued from page 66
The City of Vancouver’s The EcoDensity program, officially launched in 2007, was an unprecedented planning effort to use density, design, and land use as catalysts for an environmentally sustainable, affordable and livable Vancouver. Acknowledging the controversial nature of the discussion, the program states, “density holds many keys to directly addressing climate change and our city’s environmental impact – reducing greenhouse gas emissions through dramatically reduced auto reliance, more efficient use of urban land and existing infrastructure, improved viability of energy efficient buildings and green energy systems, and more resilient and adaptable communities through a greater diversity of building types and land uses”. So, how far have we come with Vancouver’s EcoDensity initiatives? Vancouver started by increasing density in new developments, particularly on former industrial land such as Southeast False Creek and the Olympic Village where there were no existing residents who were likely to object. The City created a powerful discretionary zoning system and flexible density bonuses to persuade developers to pay for parks, child care, cultural facilities, community centers, and social housing, which the EcoDensity plan deemed ingredients necessary to build complete and vibrant neighborhoods. Though it took quite a while to really come to life, The Olympic Village neighbourhood, the true test of this approach, was 68 YPNEXTHOME.CA
recently named by Vancouver magazine the “Best Vancouver Neighbourhood”. Still, it’s not exactly what you would call “affordable.” The average two-bedroom condo there costs around $800,000. In formerly single-family areas, particularly in East Vancouver, the re-zoning of single-family lots into multi-family has actually raised prices, as deep-pocketed developers compete with families to buy this desirable land. This is not great news if you’re looking for a detached house with a yard. On the flip side, this is creating more housing stock for those families who feel living in the city is worth walking a couple of blocks to the swing set in the park. Does all this make our city more “livable”? That’s a subjective measure, and though Vancouver is consistently rated internationally as one of the most livable cities on the planet, many actual residents of this city might beg to differ, as they are forced to move to less “livable” cities like Nanaimo and Prince George in order to afford to live. In order for our city to be truly “livable” there has to be a place where our teachers, police officers, bartenders, electricians, nurses and other workers who sustain the day to day life of this beautiful place can live. Density brings us closer to sustainability, that much is clear. But if we keep densifying without addressing affordability, then we’re in danger of losing what makes this city truly “livable” – the great people who live and work here.
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* This is not an offering for sale which can only be made with a disclosure statement. In our continuing effort to improve and maintain the high standard of Venue development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. Renderings are an artist’s conception and are intended as a general reference only. Payment example of $826 per month is based on a 5% downpayment, 25 year amortization, 3.68% interest rate, with a 24 month rate hold provided by a partner financial institution. Please refer to the disclosure statement for exact offering details. Sales and marketing by Fifth Avenue Real Estate Marketing. E.&O.E.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 69
Advice | VALUE ADDED
These home upgrades are your best return on investment High 100%
By John-Luke Sahlani
Kitchen renovation Bathroom renovation
MORE ADVICE ONLINE ypnexthome.ca/news/advice Exterior paint UPGRADING YOUR HOME IS, without
Basement renovation Construct a garage Recreation room Fireplace installation Flooring upgrade
RETURN ON INVESTMENT
doubt, an endeavour undertaken with the intention of producing a higher standard of living for yourself and your family. This process is always an exhilarating and creative one that allows you to customize your living space into exactly what you dreamed of. As you review the countless home magazines and home style blogs, the choices will start to pile up leaving you with a long list of options that you can include in your build that may seem appealing at the outset. These items may include several cool and innovative features and products that appeal to the average home or condo owner due to the instant gratification of enjoying such an item. Unfortunately, these are not always value-based upgrades for the build. Instead, these upgrades focus on the final finish as opposed to the addition of another desirable feature or best practice construction. In order to avoid losing sight of value in the whirlwind of selections and upgrades, check the accompanying list of home improvements, based on return on investment. Keep these returns in mind as they can help you start with a solid base when completing investment projects. At resale, for example, the difference in the quality of your selection can be quickly recognized and reflected in the final sale price.
Windows & door replacement Garage construction
Heating system upgrade
Central air installation
Interlocking brick walkways
Roof shingle replacement
Building a fence
Paving with concrete
Paving with asphalt
25 Skylight installation Swimming pool Whirlpool tub installation
Low These figures represent the typical return on invest for different areas of your home and despite being very simple, can lend a good train of thought when completing your next home improvement project:
John-Luke Sahlani is the owner/operator of Sensus Design and Build. With a wealth of experience as a professional project manager his expertise and professional advice add value to any home or condo through upgrades and renovation. Sensus Design & Build sensusdesignbuild.ca
looking for a new home? Itâ€™s only a tap away. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.
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APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 73
Advice | MONEY MATTERS
Guide to building a budget By Gail Vaz-Oxlade
PEOPLE TELL ME they don’t know how to make a budget. Once I started doing the show Til Debt Do Us Part and introduced the magic jars, people headed out to buy their own. But they still couldn’t figure out how much money to put in the bloody things. So I’ve created a step-by-step plan. Using this plan and Gail’s Interactive Budget Worksheet (gailvazoxlade. com/resources/interactive_budget_ worksheet.html), you can build a budget that will tell you how you’re doing and how much to stick in the jars if you’ve decided to live on cash. 74 YPNEXTHOME.CA
Okay, here we go. 1. On the budget worksheet, fill in all the amounts under income. You’ll need your “gross” income and your “net” income. If you make $60,000 a year gross, you would enter 60,000/12 (which is $60,000 divided by 12.) Ditto for your monthly net income. If you’re paid on any other schedule, you have to use your lowest monthly income as your base, and use any extra money you receive to boost your planned spending (for things like furniture acquisitions, vacations, and the like).
2. Enter any other sources of income you may have. You must use “monthly” amounts. So if you average $6,000 in annual child support received, you would enter $500 for your monthly amount. If you receive income that is irregular — like an annual bonus — do not enter it under income. Why? Well, if you bank on getting it and you don’t you’ll be SOL. Better to use that money for things like gifts, vacations, and other extras — things you don’t have to pay for if the bonus doesn’t materialize.
You can build a budget that will tell you how you’re doing and how much to stick in the jars if you’ve decided to live on cash.
your monthly debt repayment amounts. Include what you’re spending to repay everything except your mortgage and your car loan/lease. Put it under “debt repayment.” 6. Now look at the bottom line on the budget — the line that says Income – Expenses. What do you have left? Whatever it is, that’s what you have to work with to budget for your variable expenses. Yup. That’s it. Go ahead and divvy up the money in the various categories under Variable Expenses. If you find you’re left with $20 a month for groceries and you know that just won’t do, then you have two choices: You can go back and cut expenses. Yup, even in fixed expenses you can find places to cut like cell phone or cable. You can make more money. Work harder, work smarter. Get a second job, a third job, a better job. That’s your budget.
Two more things: 7. You’ll see that the budget automatically calculated how much must go into each of your jars each week/ month if you plan to live on cash.
MORE ADVICE ONLINE ypnexthome.ca/news/advice
3. Now it’s time for the fixed expenses. Get out your last bank statement(s). Based on what you spent last month, fill in the fixed expenses. Don’t worry if the numbers seem high at first, just put in what you spent last month, based on what went out of your bank account. 4. We’re going to skip down to “saving” now. Yep, you have to save. Don’t bother
arguing, you have to save. I want you to divide your monthly income by 100 and multiply your answer by five. There, that’s five per cent and is the minimum you should be saving. Ultimately, you need to save 10 per cent, but let’s start with five per cent and work from there. Under “emergency” enter $100. 5. Next we’ll do debt repayment. Add up
8. You’ll also see your percentages automatically calculated. The financial rule of thumb says you shouldn’t spend more than 35 per cent of your net income on housing. (That includes mortgage/rent, condo fees/ maintenance, property tax and utilities.) If you’re spending more than 35 per cent, either you can look for ways to cut back on your housing costs, you can make more money, or you can trim in other areas (like transportation) so you end up balancing at the bottom line. It’s your money. You can do anything you want with it except spend more than you make.
Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever and blogs daily at gailvazoxlade.com
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 75
Advice | CLEANING ADVICE
4 disgusting things you’re doing at home unknowingly people, pet hair, fungus, dust mites, allergens, food and dirt from the outside. “Carpeting is 4,000 times dirtier than the toilet seat. Just think about pets coming in from a walk or out of a litter box.” The fix: Use a good vacuum, preferably with a HEPA filter or a central vac. Steam clean carpeting once or twice a year, but not more. Too much moisture can encourage mould growth under the carpet.
By Elisa Krovblit
MORE ADVICE ONLINE nexthome.yp.ca/news/advice
AN EXPERT ON THE chemistry of clean,
Kim Dunn holds a degree in industrial microbiology and owns a Molly Maid franchise. She spoke with us about the disgusting things we’re doing at home – and it has us changing our ways. The first thing you need to be aware of, explains Dunn, is fomites. “Fomites are any contaminated inanimate object. We are surrounded by fomites – germholding things,” she says. So what are the worst culprits? You’ll be surprised – and more than a little grossed out by the things you’ve been doing.
1. Run them through the dishwasher 2. Soak them in a concentration of one part bleach to nine parts water for at least five minutes 3. Boil them in a pot of water at 60° C for five minutes (in the microwave or on the stove).
Disgusting thing you’re doing #1: Sponges
Disgusting thing you’re doing #2: The loofah
The gross factor: A sponge has 10 million bacteria per square inch. “It’s as dirty as it smells!” she says emphatically. “It’s loaded with bacteria – Salmonella, E. coli, Pseudomonus – and has a surface area 1,000 times that of a cloth. Just think of all of those nooks and crannies. The toilet seat is cleaner than a cutting board wiped down with a dirty sponge – the sponge is 200,000 times dirtier,” says Dunn. The fix: It’s always moist and damp – and a rinse isn’t a cleansing,” she explains. Use a micro fibre cloths, which does the job and is much more sanitary. If you insist on using a sponge for more than a day or two (Dunn’s staff are instructed to toss sponges after two days) then you need to disinfect them with one of these three methods:
Exfoliating is over-rated, but if you must do it, ditch the loofah and go with a body wash that includes an exfoliant. The gross factor: A person sheds 1.5 million skin flakes an hour. “Guess what’s stuck on that loofah? Staph aureus is a common bacteria on the skin, but Staph A on the inside isn’t a good thing.” The fix: You can’t bleach it, the best you can do is soak it in a 50/50 mixture of vinegar and water for at least an hour. It’s always in a humid area; if you have to use one, hang it up to help it stay dry between uses.
Disgusting thing you’re doing #4: The TV remote
Disgusting thing you’re doing #3: Wall-to-wall carpeting The gross factor: It’s a botanical zoo. Skin cells multiplied by the number of
The gross factor: They’re dropped on the floor, get sat on by people and pets, stuffed into dirty crevices of the couch and constantly touched by everyone in the family – and more often than not have grease stains (we don’t wash our hands when eating popcorn and change the channels). If we want to continue with the toilet seat comparison, the TV remote is about 4,000 times dirtier than the toilet seat. And if you haven’t wiped it down since the day you brought the TV home – then much, much dirtier. The fix: Once a week take a cloth slightly moistened with alcohol or a disinfectant cloth like a Lysol or Clorox wipe and wipe down the remote. In fact, the grunge factor goes for all the remotes in your home, plus things like the computer keyboard, the light switch and any other surface you constantly touch – however briefly. In love with design and decor, Elisa is senior editor of Condo Guide, Home Decor & Renovations, Renters Guide and Commercial Investor. When not searching out some unusual solutions to her century home’s reno projects, she’s busy discovering the next best thing in Toronto. Elisa.Krovblit@ypnexthome.ca
start your search here. Whether youâ€™re renting or buying, finding your next home has never been so easy.
3BR + Den
~ 4BR + Den ~
Up to 2,600 SF
Up to 3 car Private Garage
2 & 3 BEDROOM HOMES Starting from
604.233.2633 www.rivergreen.com Presentation Centre Open Daily 12pm-5pm 5111 Hollybridge Way, Richmond V7C 0A3
MAXIMUM S I Z E | WAT E R V I E W | VA L U E
CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITY Aspac’s Max Collection, a finite reserve of Aspac’s most luxurious waterfront condominiums, featuring maximum square footage, maximum water views and maximum value.
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.
Advice | QUEEN OF GREEN
Drastically cut your dryer time and save money Wool dryer balls make your dryer more efficient by 30 to 50 per cent Lindsay Coulter
MORE ADVICE ONLINE ypnexthome.ca/news/advice ENERGY STAR DOESN’T RATE DRYERS.
I say it’s because they’re inherently inefficient. But Energy Star states that all models use similar amounts of energy, so there’s no point. I personally prefer my two dry racks — outside in summer, inside in winter (my husband loves “crunchy” jeans and towels). But if you don’t have a lot of outside space, or your building doesn’t allow outside laundry (many don’t), your dryer is an expensive necessity. Though dryers are inefficient by their nature, there are many you can help your dryer be “eco-friendlier”. BC Hydro has great tips to shrink drying time on their website bchydro.com/powersmart, including using dryer balls. Introducing Jennifer. She turned her Christmas project to cut costs and gift something hand-crafted into ULAT, an eco-friendly wool dryer ball business! Each ball weighs about two ounces. Use three at a time to absorb moisture, rotate clothes, and provide better air circulation. Why use wool dryer balls? • Depending on the make and model of your dryer, they decrease drying time by 30 to 50 per cent, saving energy and money • Decreased wrinkles = less time ironing! • No static • Safe for people with sensitive skin (works well with cloth diapers)
How to use wool dryer balls • Best for natural fibers, like cotton (not acrylics or polyester blends) • Use all three at once to ensure balance, consistency, and efficiency • They’ll pill—it means they’re working • To scent clothes, add a few drops of an essential oil to each • Store them in a well-ventilated area (never in plastic) Do wool dryer balls work in all types of dryers? Yes. But the size of the laundry load, model, and make of machine will determine the degree of efficiency. A newer machine will have better efficiency performance overall. But you can reduce drying time by 30 per cent even with an older dryer model.
Where can wool dryer balls be purchased? ULATs pure wool dryer balls are handmade in Vancouver by Jennifer and her husband with 100 per cent Canadian Merino wool from an Alberta sheep coop. Or, channel your inner Jennifer and learn how to make your own on www. ehow.com
As David Suzuki’s Queen of Green, Lindsay Coulter courageously leads and inspires others to live more gently on the Earth. She answers fan and follower questions, offers DIY recipes and tips without judgment and guilt, and regularly appears as a “green” expert in the media — she’s even been on Dr. Oz. See more Queen of Green at davidsuzuki.org/blogs/queen-of-green.
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
EVERLY GREEN Streetside is preparing to launch a new collection of single-family and townhomes in Langley’s popular Willoughby neighbourhood.
previews and registration EVERLY GREEN Home type: Townhomes and Single-family Developer: Streetside Developments On the Street: 8217–204B Street, Langley On the Web: everlygreen.ca Info: Located in the vibrant Willoughby neighbourhood, Everly Green offers a rare opportunity to purchase either a townhome (some with rooftop decks) or a single-family strata home (many with master-on-main ﬂoor
plans). Both home types share a lush, central greenway. Excellent proximity to shopping, transit, schools, and the Langley Events Centre.
include upscale finishings and onsite amenities to complement active, urban lifestyles.
THE CROSSING LANGARA WEST Home type: Midrise Developer: Vivagrand Developments On the Street: 59th Avenue and Cambie Street, Vancouver On the Web: langaraliving.com Contact: 604.620.7764 Info: Registration is underway for these one-, two-, and three-bedroom homes. Comprised of two, six-storey concrete buildings, Langara West will feature expansive views of Winona Park and is an easy stroll to the Langara Golf Course and the upcoming Canada Line Station at 57th. Designed to be LEED Gold Certified, homes will
Home type: Townhomes Developer: Gramercy Starting price: Anticipated to start in the $400,000s On the Web: gramercy.ca/thecrossing Info: Located on a quiet, country road across from Peace Portal Golf Course, these 67 two- to four-bedroom townhomes back onto natural parkland. There are numerous walking trails and Peace Arch Provincial Park is a five-minute stroll away along a country road. When you do need urban amenities, there’s boutique and big box shopping plus restaurants and other services just a 10-minute drive away at the Grandview area.
PLATEAU Plateau at Grandview Heights is Foxridge Homes’ newest addition of single-family homes in South Surrey.
Long known for their above and beyond commitment to luxurious apartment residences, Cressey is preparing to launch McKinnon in Kerrisdale that will feature lobbies like the ones in Beverly seen here.
If you’re interested in a VIP preview prior to the display home opening in late June/early July, be sure to sign-up online by May 31st, 2016. Come experience “The Crossing from Hustle to Home.”
new releases and grand openings MCKINNON Home type: Lowrise Developer: Cressey On the Street: 48th Avenue and West Boulevard, Vancouver On the Web: cressey.com Info: Hot on the heels of their popular Sterling, Cressey introduces McKinnon — a collection of 40 luxurious, concrete apartment residences in Vancouver’s historic Kerrisdale neighbourhood. Long known for it’s warm, friendly ambiance, Kerrisdale is a community that has it all — iconic merchants, famous restaurants, inviting farmers markets, and pristine golf courses. Register today so you’re in the know for this exclusive, luxurious offering. Naturally every home will include the famous CresseyKitchen™ — just in case you’re wondering.
Say hello to The Crossing, a new offering of townhomes from Gramercy located at the foot of 176th Street in Surrey.
On the Street: 25th Avenue and 164th Street, South Surrey On the Web: foxridgehomes.ca Info: Tucked into a quiet neighbourhood yet only minutes to top ranked schools and urban conveniences, this delightful community of 65 single-family homes draws inspiration from Foxridge’s Morgan Rise community which sold out in just seven months. Each of these three-bedroom homes boasts approximately 2,650 to 2,700 square feet of open living space, landscaped fenced yards, detached double car garages and contemporary finishes that can be customized in the Foxridge Design Centre. Register today so you’re among the first to see for yourself.
VIRTUOSO Home type: Mid-rise Developer: Adera On the Street: 118 – 6033 Gray Avenue, Vancouver On the Web: adera.com
Contact: 604.211.8878 Info: This exciting collection of urban condominium homes is Adera’s 10th building in UBC’s coveted Wesbrook Village. Overlooking Nobel Park and directly adjacent to UBC Farm, Virtuoso features include über-contemporary interior finishings, a central Zen garden, quiet home technology, and state-of-the-art woodframe construction. Presentation centre now open.
GATEWAY CITY HOMES Home type: Townhomes Developer: Sian Developments On the Street: 7499 Sixth Street, Burnaby Presentation Center: 7670 Sixth Street, Burnaby On the Web: gatewaycityhomes.com Contact: 604.724.5550 Info: Now selling, these 17 three-bedroom townhomes feature contemporary, angular architecture and private rooftop decks. Great proximity to Robert Burnaby Outdoor Pool and Edmonds Community Centre, plus there’s transit right across the street.
PLATEAU AT GRANDVIEW HEIGHTS
Tell us your news Got a new development you’d like us to feature in On the Horizon? Drop
Home type: Single-family Developer: Foxridge Homes
me a note at firstname.lastname@example.org, and we’ll do our best to get you in the next edition.
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 83
Burnaby | New Westminster BARNET MARINE PARK
A11. MILANO 4247 Lougheed Hwy. 604-294-8989
SQUINT LAKE PARK BURNABY MOUNTAIN GOLF COURSE
E N IV AR U DI WA Y
A12. GOLD HOUSE RD
NORTH RD CL
A5 BRENTWOOD MALL
Barnet Hwy UN IVE RSITY DR
BURNABY MOUNTAIN PARK
ROYAL OAK AVE
ROYAL OAK AVE
7040 Macpherson Ave bucci.com/villo
A3. BUCCI BY VILLO
Kingsway & Gilly pixelburnaby.com
B1. WESTBOURNE 1305 Cariboo Coming Soon
B2 DUNCAN ST
E WAY YD BO
5021 Kingsway 604-456-0688
A5. BRENTWOOD 4567 Lougheed Hwy. 604-563-8386
A6. NOVELLA 170 - 3355 North Rd 604-563-5777
A7. STATION SQUARE 4670 Assemble Way stationsquare.ca
B2. PORTAGE PORT ROYAL 260 Salter St 778-398-1344
B3. RIVERSKY A8. CROWN
Hastings St. & Madison Ave. 604-294-9919
NEW WESTMINSTER B4
7385 Edmonds Ave @ Fulton Ave 604-528-6935 Canada Way & Sperling Ave 604-833-1606
MARIN E WA Y
7350 Kingsway 604-533-3033
E AV 6T
MAR IN E
A14. KINGS CROSSING
A16. SAVILE ROW
A14 IMPERIAL ST A2
I M A8
E AV 8T
Presentation Centre #150 - 3555 North Road
A15. IVORY MEWS CU
DEER LAKE PARK
BURNABY LAKE REGIONAL PARK
AD AW AY
SE MARINE DR
A7 49TH AVE
LOUGHEED A6 MALL
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
Presentation Centre 659 Columbia Street Open Daily 12-5pm 604-522-2583
B4. THE ROYAL 203 – 20 E Royal Ave. 604.523.0733
B5. THE PENINSULA Port Royal 604-544-2258
NOW SELLING. VISIT TODAY. CALL NOW 604-553-4855
COME SEE FOR YOURSELF TODAY.
Advice | CONDO SENSE
Creating new neighbourhoods Planning tomorrow’s lifestyles today
By Cameron McNeill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
AS DEVELOPMENT IN Metro Vancouver continues to grow with no signs of stopping, the densification plan goes beyond replacing old buildings with new. With limited supply in Metro Vancouver’s most popular and established neighbourhoods driving ever increasing prices, developers are having to envision future communities where land is available in areas that are not yet established, but just as convenient and accessible. This often means creating new neighbourhoods from areas traditionally zoned for light industrial. As we might recall, some of Vancouver’s most expensive neighbourhoods, such as Yaletown and Olympic Village, were developed this way. When given a blank canvas to develop in a new area one might ask, where to even begin? Large-scale developments are striving to build livable family communities that include various types of housing options, plentiful amenities, green space, social spaces, retail, commercial, community centres, schools and access to transit. Traditionally, ‘neighbourhood’ referred to singlefamily homes where everyone knows their neighbours, kids play at the park around the corner from the house, and everyone shops at the local grocery store. As condominium-living slowly becomes more common, the goal is to create a truly integrated community where one feels the same sense of belonging in a more dense, urban setting. 86 YPNEXTHOME.CA
A great example is Aragon’s masterplanned community at Port Royal. Most people have never heard of Port Royal but it’s been in the making for decades. Located on New Westminster’s riverfront, this neighbourhood is surrounded by parks, playgrounds, walkways, and a community garden. Port Royal is comprised of a diverse selection of condominiums, lofts, townhomes, triplexes, row houses and single family homes – truly something for everyone. Located nearby are shops at Queensborough Landing, schools, sport fields, a community centre and a host of shops, services, and activities to come when the future pedestrian bridge links Port Royal to the New Westminster Quay. Other great examples include Wesgroup’s River District and Brewery District, as well as the major transformation happening in Burnaby’s Brentwood.
Charles Montgomery’s book Happy City states that people have been shown to be happier when they live a connected life, establishing casual but regular relationships with people they meet through simple residential proximity. A community that is designed to incorporate people from various age groups and backgrounds creates a basis for an emerging neighbourhood. The key is being able to imagine the community to come. Purchasing in presale condominiums provides an opportunity to be an early adopter, help shape a future neighbourhood, and receive extra value by getting in early. 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 email@example.com or follow him on Twitter @mac_marketing
T H E
GR AND F INALE YOUR LAST OPPORTUNITY TO OWN STAT I ON S Q U A R E
The developer reserves the right to make changes and modifications to the information contained herein. This is not an offering for sale as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E. & O. E.. Station Square and the Station Square logo are registered trademarks of Metro Shopping Centre Limited Partnership, and used under license.
Property Profile | THE PEAK
From The Peak, it feels like you can see forever.
The Peak Life At The Top ASK MARKETING DIRECTOR Kristen Bull
to describe the core essence of The Peak at SFU’s UniverCity neighbourhood, and there’s not a split second of hesitation to her reply. “Amazing value and unbelievable views.” It’s no idle claim either. “When complete, The Peak will be 17 storeys tall and will be the highest concrete building in Metro Vancouver — even farther above sea level than ShangriLa,” she explains slowly rotating a digital panorama image showing views from the 17th floor. In a word, they’re breathtaking… the Gulf Islands, Mount Baker, the Fraser Valley, Indian Arm. “It really does feel like you’re at the top of the world, doesn’t it?” Yup, it sure does.
Impressive Value “With two-bedroom homes starting at $431,900, these homes represent an amazing value — in fact, we were 75 per cent sold before our grand opening. This 90 YPNEXTHOME.CA
makes The Peak the fastest selling tower at SFU, which has been named Canada’s Number One comprehensive university,” Kristen says. “But real value isn’t just about the bottom line. It’s about quality — quality of the homes themselves, the lifestyle, and the 10,000 square feet of holistic amenities owners will enjoy here.” Rapidly she lists off some of those sought-after amenities: a twostorey wellness centre and gym, an entertainment lounge with chef’s kitchen, a game lounge with foosball table and large screen TV, plus a sprawling seventh floor outdoor terrace with barbeque area, seating, garden plots, and more of those amazing views. And with a stroke of genius, there will also be a dedicated meeting/study area called The Conservatory — perfect for group gatherings or a quiet place to work on your next project or term paper.
SFU, Burnaby Builder
Intergulf Development Group Development
The Peak Home Type
Highrise Sales Centres:
8955 University High Street Contact
peakatsfu.com or 604.559.5795 The Peak’s presentation centre is open noon to 5 p.m. daily except Fridays at 8955 University High Street at SFU in Burnaby. Now selling two- and threebedroom homes from $409,900, this residence marks Intergulf’s triumphant return to UniverCity. For more information visit peakatsfu.com or call 604.559.5795.
ACTUAL VIEW FROM FLOOR 17
SAVE UP TO $15,000
N D CT
SA L E
ES C E
604 559 5795 · PEAKATSFU.COM
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
T SI ER
• The tallest tower at SFU • The highest point in Metro Vancouver • Canada’s #1 Comprehensive University • Best views in the province • Over 10,000 sq. ft. of amenities • Built by the pioneers of SFU-Intergulf
BEST CONCRETE VALUE
RELEASE OF PENTHOUSE COLLECTION
70% SOLD OPENING WEEKEND
Indoor living 1,088 sqft Outdoor living 121 sqft Total 1,209 sqft
THE ART OF ELEGANT LIVING
Fridge 36” Fridge
This efficient floorplan pushes the boundaries of a typical two-bedroom home by creating spacious living areas that can be moulded to fit your personal lifestyle. Featuring a tremendous amount of cabinetry storage and stone counter space, Boffo’s signature full-size kitchen rivals any singlefamily home. There is only one of its kind remaining at Modello. This stunning home is located on the northwest corner and captures spectacular panoramic views of the Downtown Vancouver cityscape and North Shore Mountains.
01 02 03 05
Levels 6 – 9, 11 – 20, 22 – 27
Levels 10, 21, 28 – 36
Please refer to disclosure statement for specific offering details. E. & O. E. As at 2013.10.11.
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
H WA Y1
DEER LAKE PKWY
METROPOLIS AT METROTOWN
ROYAL OAK SKYTRAIN STATION
ROYAL OAK AVE
D R IV
EDMONDS SKYTRAIN STATION
SEA TO RIVER BIKEWAY
SEA TO RIVER BIKEWAY
SEA TO RIVER BIKEWAY
ALBERT ST ALBERT ST
PANDORA ST PANDORA ST
TRIUMPH ST TRIUMPH ST
BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT
ABBOTSFORD Abacus Uptown Brighton Cedar Landing Eagle Estates Eagles Gate Falcon Ridge Foxwood Mahogany at Mill Lake Ten Oaks
LR TH TH SF SF SF SF HR LR
604-309-7155 604 607-7801 604-850-5040 604-859-3141 604-309-7729 604-309-0540 604-850-5040 778-255-9990 604-746-OAKS (6257)
Call Call From 274,900 inc net GST From $599,900 From $373,500 From $789,000 From $524,900 Call Call
BURNABY Aldynne on the Park Brentwood Bucci by Villo Churchill Gold House Ivory Mews Kings Crossing Midori Milano Modello Modena Novella OakTerra Paddington Mews Pixel Residences at Gateway Savile Row Station Square The Park Metrotown The Peak Trio
HR HR TH TH HR TH HR HR HR HR LR MR LR TH LR LR TH/LR HR HR HR LR
604-451-9517 604-563-8386 bucci.com/villo 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 604-936-1888 604-559-5795 604-218-3338
Call From $299,900 Coming Soon 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 Call Call From $249,900
SF TH SF SF/LR/TH LR LR TH
www.livethefalls.com 604-795-6938 604-534-5079 604-824-5062 604-858-7179 604-703-9292 604-991-5151 604-991-8250
From $389,900 From $242,900 From $249,900 Call From $269,900 Call From $149,900 From $449,900
HR SF HR HR LR TH TH HR TH SF HR TH MR SF HR
604-472-1123 604-514-4359 604-681-8220 604-259-5991 604-492-3388 604-949-8655 604-939-6816 604-939-8868 intracorp.ca 604-514-4359 604-939-2677 604-998-8998 604-563-5777 604-464-2260 604-941-8305
Call Coming Soon From $200,000 Now Previewing Call From $619,900 Call From $280,000 Coming Soon Coming Soon $279,900 Call Call From $689,900 From $363,900
CHILLIWACK / SARDIS Camden at The Falls Centre Field Englewood Village Garrison Crossing Heron’s Landing Park Ridge at Sardis Village Radius Seasons at Cedar Sky COQUITLAM 1123 Westwood Amberleigh Burquitlam Capital Brookmere Charland Colborne Lane Cristallo Homes Crown Foster Ave Rowhomes Kingston Lougheed Nelson on Foster Novella Sterling The Windsor
Live Work (LW)
City Home (CH)
High Rise (HR)
DELTA NORTH DELTA Muse South Pointe
From $199,900 From $699,900
LR LR SF SF SF/LR
604-943-8811 604-274-7326 604-271-7288 604-943-6677 604-948-HOME
Call Coming Soon Call From $499,900 Call
LR LR TH LR SF
604-371-0928 604-533-7718 604-636-7082 604-871-4288 778-808-6563 604-539-2200 604-532-6060 yorksoncreek.com 778-785-1673
Call From $199,900 Call From $314,900 Call From $139,900 Call From $179,900 From $440,000
MAPLE RIDGE Albion Station Grant Hill Estates Magnolia Grove Maple Heights Montgomery Acres Nelson Peak Pointe, The River’s Edge Robertson Heights Signature at Falcon Centre Station One Summit at Grant Hill The Terraces Wellington Station
TH SF TH TH SF SF SF FR SF LR LR SF TH LR
604-351-3261 604-230-3935 604-534-1234 604-380-1215 604-477-2959 604-466-9278 604-999-2452 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 Coming Soon Call From $534,980 Call From $489,900 From $157,900 From $459,900 Call From $164,900 From $769,900 inc gst From $369,900 From $189,000
MISSION / HARRISON Horizons
NEW WESTMINSTER Duo at Port Royal Glass House Lofts Grove, The Lookout at Victoria Hill, The Lotus Parkside at Victoria Hill Portage RiverSky The Peninsula The Royal at Victoria Hill Thompson Landing Westbourne
LR LR LR LR LR HR MR HR MR LR SF LR
604-520-9890 604-520-9890 604-523-0733 604-523-0733 604-782-1706 604-523-0733 778-398-1344 604-522-2583 604-544-2258 604-523-0733 604-520-3226 westbourneliving.com
From $218,900 Call Call Call Coming Soon Call Call Call Call Coming Soon From $476,900 Coming soon
604-988-8800 604-983-9065 604-929-5746 604-998-8540
From $379,900 From $379,900 Call Call
TSAWWASSEN Brio Harbour Walk Tsawwassen Heights Tsawwassen Shores Tsawwassen Springs LANGLEY Prestwick at Milner Heights Elements Hyde Canyon Mission Green Murrayville House Varsity Woodland Park Yorkson Creek Yorkson South
NORTH VANCOUVER Anchor, The Atrium at the Pier Cates Landing CentreView
Mid Rise (MR)
Low Rise (LR)
TH LR SF
LR MR/TH TH/LR HR
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 96 YPNEXTHOME.CA
N E W H O M E S A L E S AND MARKETING EXPERTISE
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email firstname.lastname@example.org PROJECT
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
LR/TH LR TH LR TH LR/TH TH MR MR LR LR MR TH LR LR/TH MR
604-699-0036 604-770-0791 604-435-9477 604-727-1594 604-563-7001 604-800-2120 texorhomes.com 604-983-9065 lynnvalleyresidences.com email@example.com 778-985-4676 604-983-9065 604-924-0818 604-980-0016 604 971 3181 604-988-8856
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 Carmandy Fremont Indigo Fremont Emerald Lloyd at Windsor Gate Orchid Salisbury Lane Shaughnessy, The South Verde
LR TH LR LR LR TH HR LR
604-435-9477 604-552-0319 604-468-0084 604-942-8416 604-866-4206 604-475-1172 604-468-8252 604-468-8252
From $209,900 Call Call Call From $159,900 Call Call Call
PORT MOODY Clark Station, The
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 HR 604 278 3880 Call 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 Livia TH 604-364-2159 Call Mandarin Walk LR/TH 604-278-0808 Call Monet HR 604-233-7748 From $300,000’s Opal at Richmond Centre HR 604-303-7575 From $464,900 Ora HR 604-278-8838 Call Orchid by Beedie HR firstname.lastname@example.org Coming Soon Parc Riviera MR 604-231-5900 From Low $200’s Park Residences at Minoru HR 604-303-8878 Call Pier, The LR 604-274-7326 Call 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 Pinnacle Living at Capstan HR/MR/TH 604-303-0148 Call Pinnacle Living Sorrento MR/HR 604-303-0148 Call
Live Work (LW)
City Home (CH)
High Rise (HR)
Quintet Riga Riva River Green River Inlet Vogue Westminster Terrace
HR TH MR MR MR/TH TH TH
604-303-8878 604-715-1250 604-278-8825 604-233-2633 604-233-2633 604-715-1250 604-204-1077
Call Call Call Call Call Call Call
SQUAMISH / WHISTLER Abbey Lane Residences Breeze Elaho Ocean Crest ParkHouse Ravens Plateau Aqua University Heights
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
SUNSHINE COAST SECHELT Edgewater at Porpoise Bay SilverStone Heights
604- 885-8556 604-741-1877
From $309,900 From $479,900
SURREY 3 Civic Plaza Asher Aura Brookside Chroma Connect Esplanade at Waterstone Evolve Fusion Guildford The Great Guildhouse Heights Highcrest Horizons Hyde Park Joi Living Joy Kendra Madison Manarola Park Avenue West Park Central Park Place Village Prime on Plaza Ridge at Bose Farms Silverwood Sync Summit Verve University District Wave Westpointe
HR TH TH TH LR LR LR HR TH TH TH TH TH SF TH TH TH TH TH LR HR LR TH HR LR TH TH TH LR HR HR TH
604-951-3331 778-571-9451 778-564-1876 604-372-2071 604-581-5399 778-395-1886 604-530-5399 604-497-0102 778-578-9779 778-293-2222 604-574-1143 604-618-6175 604-584-7273 778-565-7768 604-506-1852 604-574-8888 604-319-9732 604-590-9122 604-543-6262 604-800-9255 604-583-9866 604-817-5852 604-617-7763 604-498-3888 604-888-5514 silverwoodliving.com 778-590-7283 hayerlifestyle.com 604-588-3783 604-588-5795 604-951-9283 604-833-9193
Call From mid $400,000 From $475,000 Inc. GST From $279,900 From $169,900 From $118,800 From $219,900 Call From $344,900 Call Call From $339,900 From $345,900 Call for Info Call From $339,000 From $347,000 From $329,900 From $323,000 From $189,900 From $250’s From $289,900 From $359,000 Call From $174,900 From Low $300’s From Under $300’s Coming Soon From $160’s From $233,900 From $291,900 Call
From $349,900 Coming Soon
CLOVERDALE 2015-01-16 11:37 AM MacKenzie Estates Residences at Clayton Heights
Mid Rise (MR)
Low Rise (LR)
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
APR 29 - MAY 13, 2016 | NEW HOME & CONDO GUIDE 97
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
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 View338 Vya Wall Centre Central Park Woodshire
TH LR LR TH LR TH LR LR HR LR LR MR HR TH TH 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 604-303-8838 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 $219,900 Call From $299,900 From $420,900
LR/MR MR LR HR MR MR/TH LR/TH MR TH HR MR MR TH MR HR MR HR HR MR TH/MR HR MR LR TH HR TH LR MR
604-828-3998 604-563-8336 cressey.ca 8xonthepark.com 604-620-8600 604-239-2080 604-345-9000 604-738-0001 604-418-6809 604-682-8801 604-685-5778 604-876-9222 604-325-2216 604-875-8508 604-662-3373 604-880-6880 604-707-9378 604-687-2298 604-558-1907 604-715-6060 604-998-8989 604-559-9848 604-998-8988 www.marcon.ca/maisonette 604-638-9998 mckinnonbycressey.com 604-563-3330 604-568-6883
Call Call Coming Soon Coming Soon From $528,800 From $429,900 Call Call Coming Soon Call From $367,400 Call Call Call Call Call Call Call Coming Soon Coming Soon From $1 million From $540,900 From $639,900 Coming Soon Call Coming Soon Call From $444,900
WEST SIDE 1555 West Eighth 41West 6th & Yukon 8X On The Park 99 West W10th & Maple Aperture Arbutus Ridge Aston Block 100 Boulevard Cambie Star Cambria Park Canvas Central Citti Epic at West Granville at 70th Grayson Henry Jervis Kerrisdale Gardens Livingstone House Maisonette MC2 McKinnon Midtown Monarch
Live Work (LW)
City Home (CH)
High Rise (HR)
Northwest Oak + Park One, The Parc 26 Parc Elise 35 Park West Pinnacle Living at False Creek Pinnacle Living Broadway Prodigy Q16 River District at Town Centre Shannon Wall Centre Kerrisdale Shaughnessy Residences Sterling Sota The Grayson 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 Beverley Blu The Estates at Morgan Heights George Grandview Heights Hycroft 2 Hyde Park Morgan Rise Morgan Notting Hill Royce Sakura The Smith SoHo South Ridge Club South Point Walk The Village at Southwood Westpointe Westside at Orchard Grove Mid Rise (MR)
Low Rise (LR)
HR TH HR MR/TH MR/TH LR MR MR MR TH HR LR TH LR HR TH MR LR HR LR HR TH TH LR MR/TH
604-325-5151 604-558-5851 604-874-8368 604 336 6380 604-336-6380 604-563-8336 604-874-8368 604-739-2080 604-221-8878 604-263-8090 604-879-8830 604-267-8882 604-558-5848 604-428-8858 604-671-1025 604.558.1907 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 Call Call Call Call Call Call Call From high $300s Call From $319,900 Call Call Call From 2.5 million Call 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
MR TH SF TH TH TH TH SF TH TH LR TH TH TH TH LR/TH SF SF SF
cressey.com Call 604-691-5160 From $679,000 Inc. GST 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 604-538-8695 Coming Soon 778-291-2828 Fr. $269,900 604-538-8028 Call 604-538-5588 Call for Info meetthesmiths.ca Call zenterra.ca/soho Coming Soon 604-582-1113 From $420’s 604-560-3238 From $230’s 604-560-3450 $729,900 604-833-9193 Call 604-372-0383 Coming Soon
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
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