BC New Home and Condo Guide - May 12, 2017

MAY 12 8- -26, JAN 22,2017 2016 VOLUME 2, ISSUE 10,1,FREE VOLUME 1, ISSUE FREE

METROVANCOUVER VANCOUVER EDITION METRO EDITION

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BY MULTI - FAMILY HOME BUILDER OF THE YEAR

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Located Locatedinin the theheart heartofof Morgan MorganCrossing Crossing

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NG

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99

GE 152 St

148 St

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TO USA BORDER

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 9

contents MAY 12 – 26, 2017 | VOLUME 2 ISSUE 10

18

ON THE COVER

Allwood Place: Start a new tradition + online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

MAPS

38

Sun Towers

68 Summit

Live in style

LOOK FOR THE CIRCLE

34

Hot topic

Feeling pretty high about growth: Andrew Ramlo at UDI

by Susan M Boyce

10 YPNEXTHOME.CA

SPECIAL INSERT

Celebrate the Metrotown lifestyle

Walden

Boutique parkside living

trending

WITH

DYNAMIC

+ plus

project profiles

52

Housing market

Growing demand, short supply of condos and townhomes: REBGV

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews

PUBLISHER & GENERAL MANAGER

Shawn Woodford

DIRECTOR OF SALES

Moe Lalani

DIRECTOR OF CONTENT

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt ART DIRECTOR

Megan Pike

62 62

Industry awards

Metro Vancouver’s top builders announced at 2017 Ovation Awards

66

News & views

Priced out of this hot housing market?

by Lydia McNutt

CONTRIBUTING EDITORS

Sonia Bell Wayne Karl Elisa Krovblit

CONTRIBUTING WRITER

Susan M Boyce

MEDIA CONSULTANTS

Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103 SALES COORDINATOR

Justin Salvador

NATIONAL CIRCULATION MANAGER

John Jenkins

advice

in every issue

26

GVHBA report

12

Editor’s note

Dwayne Rutherford

by Bob de Wit

23

What’s online

PRODUCTION MANAGER

Condo sense

28 Hot properties

48

How to choose the “right” home

Things to do between the pre-sale purchase and completion

What’s new in Metro Vancouver real estate

by Cameron McNeill

by Susan M Boyce

72

Abbotsford/Chilliwack

GRAPHIC DESIGNER

Miguel Cea

PRODUCTION CO-ORDINATOR

Hannah Yarkony Published by

4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T 604.519.6080 F 604.519.6088 ypnexthome.ca

22 Tri-Cities

ADVERTISING Call 604.519.6080 for rates and

24 Maple Ridge/

CIRCULATION Highly targeted, free distribution system

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Anthony Majetic

Listings directory

district maps

16

SENIOR MANAGER, DISTRIBUTION

50 South Surrey/ White Rock

58 Surrey/Langley

information.

aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1-855-826-4200 to discuss distribution opportunities.

COPYRIGHT 2017 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada.

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

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 11

Editors Note

Step 1: Find a home builder

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

IF YOU’RE SHOPPING FOR A NEW HOME, there are many measures for finding just the right one. To some buyers, the right home starts with price, while for others it’s location, and of course, there’s the home itself – all important criteria. Buyers of brand-new homes should also add home builder to their list.

Vancouver’s new home and condo market is booming, with development around every corner. Find out who is building what and where, and ensure your high standards are met in every respect.

So, how to you find the right home builder?

Separate the wheat from the chaff, so to speak, by seeking out the winning builders and their developments – literally.

BC has a robust awards scene to honour the best of the homebuilding industry. The VIBE Awards, the CARE Awards, the Tommies, the Georgies, the CHBA National Awards for Housing Excellence, and most recently, the Ovation Awards honour home builders, renovators and marketers who have raised the bar in the industry.

As opposed to a resale purchase, buyers of brand new homes often purchase from plans, with the hopes that this concept community will materialize in the near future. Buying from a reputable home builder is key to your dream-home reality.

There’s so much choice in the Greater Vancouver area, whether you seek a compact downtown condo or a sprawling suburban estate – potentially by an award-winning home builder, which makes you, the homebuyer, the real winner.

CANADA’S FASTEST GROWING CITIES

READ THE STORY ONLINE

If a city is attracting many people, retailers and homebuilders will follow suit. As a result, population growth is an indicator of a healthy real estate market.

Statistics Canada recently released its 2016 population and dwelling figures, providing a clear view of which cities are growing – and fast... Read the full story… nexthome.yp.ca/fastest-growing-cities

+ get social 12 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

Coming on May 13 Register now at adera.com

4 + 5 bedroom townhomes with a full-service clubhouse for effortless entertaining southridgeclub@adera.com 604.582.1113

Experience luxurious executive-style living in the South Ridge Club’s newest community, Grandview. Spacious, elegant, functional homes offer views from roof top patios with up to 860 sq ft of private outdoor space.

At the heart of this experience is a private 6,500 sq ft clubhouse with an array of social amenities, including an outdoor pool, fireside lounge, kitchen, dining area, gymnasium, poolside barbeque and a movie theatre.

Whatever the occasion, there’s ample space to mingle both indoors and out.

Register online today at adera.com

This is not an offering for sale.

Sales by disclosure statement only. E&OE. Grandview Adera Ventures Ltd. Adera Realty Corp. 2200 - 1055 Dunsmuir Street, Vancouver, BC V7X 1K8 | 604.684.8277

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 15

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Abbotsford | Chilliwack

CHILLIWACK CENTRAL RD

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2180 Gladwin Road 778-255-9990 E YAL

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2555 Ware St. 604-621-5888 EVANS RD

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onni.com 604-260-6797

CHILLIWACK HIGGINSON RD

NEW HOMES:

STEVENSON RD

B1. RIVER’S EDGE LiveRiversEdge.ca 1-604-824-5062

S SUMAS RD

WEBSTER RD

16 YPNEXTHOME.CA

KEITH WILSON RD

PROMONTORY RD

THOMAS RD

WATSON GLEN PARK

B1

VEDDER RD

WATSON RD

LD O S S EK E M WE O H T 1 0 L AS

NOW SELLING FROM $409,900 MOVE IN FALL 2017 Contemporary 2 & 3 bedroom townhomes ranging from 1,155-1,300 sq.ft.

• Central Abbotsford location with urban convenience right outside your door • Open concept living spaces with stainless steel appliances • Exclusive access to homeowners-only Alder Club

VISIT US TODAY Presentation Centre #2-32633 Simon Ave. Open Daily 12 – 6pm (Except Fridays)

604.260.6797

ONNI.COM

*Prices are subject to change without notice.

Rendering is an artist’s interpretation only. E.&O.E.

Property Profile | ALLWOOD PLACE

cover story

Allwood Place Start a new tradition THERE’S A DEFINITE BUZZ at Allwood Place in central Abbotsford.

Homeowners who purchased a home in the first phase are now moving in and there’s a friendly, community-oriented ambiance already developing.

Inviting character All about urban convenience and connection, Allwood Place boasts Craftsman- and Georgian-style architecture with steeply pitched roofs, large front porches, and the classic charm of wooden window shutters and planter boxes.

Inside though, these homes are the epitome of 21st Century modernity. Floor plans are open and filled with natural light from oversized windows. High-end laminate flooring gives main living areas a sense of elegance that still shrugs off life’s inevitable wear and tear from pet paws, high-heels, the odd food or wine spill, even the exuberance of family gatherings and celebrations. After all, you want to enjoy your life, not worry about whether your home can stand up to it.

18 YPNEXTHOME.CA

“Our location has been a huge draw. Mill Lake Park is only a 10-minute stroll away – something our homeowners have told us they love.” —Sam Jenkins

Location

Abbotsford Developer

Onni Development

Allwood Place Home Type

Townhomes Sales Centre

#2 – 32633 Simon Ave. Contact

onni.com/allwoodplace 604.260.6797

Kitchens, always the heart of a home, include stainless-steel appliances, easy care composite quartz counters, and comfy breakfast bars for casual entertaining or a place to grab a get-megoing snack. Contemporary, flat-panel cabinetry in a choice of two colour schemes adds visual punch.

It’s where you want to be “Our location has been a huge draw — especially for our first-time buyers,” says Sam Jenkins, sales manager. “Most previous townhouse development has been outside the downtown area, so it can be challenging to get around as they are very car-dependent neighbourhoods.

At Allwood Place, you can walk to the Sevenoaks and Ten Oaks malls in about five minutes. There’s a Superstore right next door. And Mill Lake Park is only a

10-minute stroll away — something our homeowners have told us they love.”

Get social Making connections is easy at Allwood Place. Common green spaces and meandering pedestrian pathways are thoughtfully designed and expertly maintained — all that’s left for you to do is enjoy them!

Then there’s the Alder Club — a residents-only amenity where you’ll find everything you need for hassle-free relaxing, exercising and entertaining.

“We’ve looked for ways to make this more than just a place to work out,” Sam says. “It’s a central clubhouse that will become a focal point for neighbours to meet one another or entertain larger groups of family and friends.”

Inside, you’ll find a cinema room,

games room, and party room with catering kitchen. For the kids, there are both indoor and outdoor play areas — great for year-round enjoyment. And in case you’re wondering, yes, there’s a spacious, fully equipped gym with yoga and meditation spaces too.

Phase 2 at Allwood Place has just been released and offers two- and threebedroom townhomes starting from $409,900. Every home includes a private garage, front or backyard, and between 1,155 and 1,300 sq. ft. of contemporary living space.

The Allwood Place presentation centre and display homes are open noon to 6 p.m. daily except Fridays, at #2 – 32633 Simon Ave. in Abbotsford. For more information call 604.260.6797 or visit onni.com/allwoodplace.

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 19

Canadian

PROPERTY INVESTOR

Vancouver | Toronto | Ottawa | Calgary | Edmonton

ON STANDS NOW!

Find your next investment with exclusive real estate opportunities, insider insights and expert tips designed for the savvy investor PICK UP A COPY TODAY OR READ ONLINE AT

canadianpropertyinvestor.com

Read the digital issue on

Available at these locations: • YP NextHome street boxes

• Airport lounges • Transportation hubs

• Newspaper insertions

• Selected retail racks

• Select hotels

• Direct mail

ABBOTSFORD/MISSION/CHILLIWACK

D!T! L O U

S ISS O

%’T M 0 8 N DO

Artist’s Renderings

2 BED./2 BATH. FROM

$399,900

VANCOUVER LUXURY. ABBOTSFORD PRICES. MAHOGANY, A SPECTACULAR NEW COLLECTION OF LUXURY HOMES. WITH 26 STOREYS OF CONCRETE CONSTRUCTION, GENEROUS AMENITIES AND INCREDIBLE VIEWS OVERLOOKING BEAUTIFUL MILL LAKE, MAHOGANY IS TRULY THE NEW HEIGHT OF LIVING. TO LIVE HERE IS TO LIVE WELL. The Presentation Centre is open daily (except Fridays) from 12 - 5 pm 2180 Gladwin Road, Abbotsford

LIVINGMAHOGANY.COM

778.255.9990

Marketed by 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.

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 21

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Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows

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COQUITLAM NEW CONDOS:

A1. STANTON HOUSE 607 Cottonwood Ave. 604-260-8446

A2. CHARLAND 2102 - 963 Charland Ave 604-492-3388

A3. MANTYLA 3096 Windsor Gate 604-941-8305

A4. EVERGREEN 3007 Dlen Drive 604-942-2672

SEARCH ONLINE ypnexthome.ca

22 YPNEXTHOME.CA

NEW HOMES: A5. NELSON ON FOSTER North Road & Foster Ave. 604.998.8998

A6. SIMON West Coquitlam 604-420-4896

PORT COQUITLAM NEW HOMES: B1. LUMIERE

GOLDEN EARS BRIDGE

2436 Kelly Ave. 604-941-2007 or 604-790-4002

B2. PARC EAST

2378 Atkins Ave 604-472-9499

PORT MOODY NEW CONDOS: C1. PLATFORM Clarke and Moody aragon.ca/platform

207TH ST

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What’s Online

Trending now The latest real estate news from across Canada

How to spot a good (and bad) home builder READ THE STORY ONLINE

Price and supply issues push buyers to the ‘burbs

nexthome.yp.ca/choosing-a-builder

READ THE STORY ONLINE nexthome.yp.ca/price-and-supply

Mismatch between housing supply and demographic demand READ THE STORY ONLINE nexthome.yp.ca/mismatch

How to buy a pre-construction home

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Visit our website: MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 23

CEDAR DR

Pitt Meadows | Maple Ridge

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NEW CONDOS:

NEW HOMES:

1. FALCON HOUSE

1.

Presentation Center 12011 224th Street 604-477-1500

SEARCH ONLINE ypnexthome.ca

24 YPNEXTHOME.CA

ORION

12466 191 St. 604-315-7882 orionliving.ca

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Advice

How to choose the “right” home

By Bob de Wit

SEARCHING FOR THE “RIGHT” HOME

can feel like a daunting task, with development booming across Metro Vancouver. Along with deciding factors such as location and price, look beyond the home and research the development itself. It’s easy to forget about some of the essentials, when you’re busy being wowed by the flashy sales centre. Here’s what you should also consider: Age of the building: If you are not purchasing a new unit, make sure you know the age of the building, as there may be existing warranties. BC Housing’s 2-5-10 New Home Warranty is offered on all new buildings,

and stays with the unit even if there is a transfer of ownership, within the warranty time-frames of 2-5-10 years.

For details go to bchousing.org Building amenities: Think about your lifestyle, not just today, but in five or 10 years. It can seem exciting to think you can pop downstairs to partake in a yoga class or share the views from a communal patio deck and barbecue, but you will be responsible for the upkeep through strata fees. Although they are a lifestyle bonus, be sure these extras are something worth paying for in your long-term plan.

Community: Look at the complex as a whole development, versus a singular unit. Each complex is designed to attract a certain type of buyer, resulting in a relatively instant community. Amenities and the connections to the community around the complex will give you a

good idea if this is the right community for you. Bike paths linking you to neighbouring parks, or direct access to transit hubs will attract different buyers with different needs and lifestyles.

The builder: It’s definitely a good idea to check a builder’s credentials. Do your due diligence. Google-search their name. Speak with residents from past developments. This is particularly important if you’re purchasing pre-sale without the ability to see the finished product. And check to see if the builder has won any industry awards.

The Ovation Awards, Metro Vancouver’s local awards program, is a symbol consumers can trust.

Highlighting the best in new-home construction, renovation and design, the 2017 finalists were recently announced on April 29 at the Ovation Awards Gala.

Visit ovationawards.ca/gvhba-ovationawards-winners/.

Bob de Wit is the CEO of the Greater Vancouver Home Builders’ Association (GVHBA), representing the residential construction industry in the Greater Vancouver Area. Established in 1974, the GVHBA is a not-for-profit society, with more than 1,000 members, and is proudly affiliated with the provincial and national Canadian Home Builders’ Associations. You can reach Bob at bob@gvhba.org.

Adera Development Corp. won three awards, including Excellence in Innovation and Sustainability in New Residential Construction, Best MultiFamily Lowrise Development and the Grand Ovation Multi-Family Home Builder of the Year

MORE ADVICE ONLINE ypnexthome.ca/news/advice

PITT MEADOWS/MAPLE RIDGE

PITT MEADOWS 12460 - 191 STREET

1 BEDROOM & DEN STARTING AT

$

299,900

1, 2 and 3 bedroom units available, 747 - 1320 sq. ft.

SELLING FAST!!

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* Based on 15% down, includes CMHC fee of 2.8% and net GST. 5 Year term, 2.65% interest rate, 25 year amortization.

Rates are subject to change.

For more information, please call

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Easy commute on West Coast Express or direct bus to Skytrain Station

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MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 27

Hot Properties

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

Find more homes at ypnexthome.ca

by Susan M Boyce

LATEST LISTINGS:

Following the success of Riley (pictured), Roxton and Tatton, Mosaic is about to launch the Victoria rowhomes on Burke Mountain

previews and registration WEMBLY

The Grande at Suter Brook by Onni boasts exceptional water and ocean views 28 YPNEXTHOME.CA

Home type: Townhomes Developer: CitiMark On the Street: 4991 No. 5 Rd., Richmond On the Web: wembleyliving.com Contact: 604.231.0480 Info: Bold exterior design and sophisticated interior elegance featured in this collection of 109 three-level townhomes, offering easy access to Hwy. 91, shopping, parks and cycling trails. Not to be missed are the McArthurGlen Designer Outlet, Food Street and the multi-sport Olympic Oval. Registration is now underway with the presentation centre anticipated to open in May.

The Trilogy Club at Elements in Langley is popular among people of all ages kitchens, spa-inspired ensuites, air conditioning, and a fantastic location just minutes to SkyTrain, cycle routes and Metropolis at Metrotown – BC’s largest shopping and entertainment complex.

Owners also have exclusive access to Vittorio Club, and urban oasis with media and billiards lounge, meeting rooms, central green courtyard, and state-of-the-art fitness centre.

Vittorio blends the urban amenities of Metrotown with the convenience of getting anywhere

TSAWWASSEN LANDING Home type: Single-family and townhomes Developer: Onni On the Web: onni.com/tsawwassen-landing Contact: 604.638.3500 Info: Register now for Onni’s newest masterplanned community located next door to the brand new Tsawwassen Mills Shopping Centre. This community offers Craftsman-style architecture and a rare seaside location, mere minutes from scenic trails, the Tsawwassen Springs Golf course, and a picturesque beach-front.

Plus, there will be an exclusive amenity building featuring an outdoor pool, a professional fitness centre, a vibrant social lounge, plus indoor and outdoor multi-purpose courts that bring urban conveniences home. Just a 15-minutes drive from Richmond or 30 minutes to Vancouver.

VITTORIO Home type: Highrise Developer: Polygon On the Street: Dunblane Avenue and Marlborough Avenue, Burnaby On the Web: polyhomes.com Contact: 604.871.4296 Info: Coming soon to Burnaby’s enviable Metrotown neighbourhood, this collection of two- and three-bedroom homes features gourmet

residence in award-winning Suter Brook Village — a 22-acre, master-planned neighbourhood located just steps from the new Evergreen Line Inlet Centre Station and the West Coast Express. A sophisticated, 26-storey tower offers elegant one-, two- and three-bedroom homes with breathtaking mountain or ocean views. Here, urban elegance collides with natural West Coast beauty.

VICTORIA

ELEMENTS

Home type: Rowhomes Developer: Mosaic Homes On the Street: Victoria Drive, Coquitlam On the Web: mosaichomes.com Info: Following the success of Riley, Roxton and Tatton, this new offering of townhomes is coming soon to the Burke Mountain neighbourhood offering exceptional outdoor amenities plus new schools, new parks and new shopping. Register now for more information as it’s released.

Home type: Lowrise Developer: Sandhill Development Ltd. On the Street: 20211 – 66th Ave., Langley On the Web: elementsinlangley.com Info: Phase 6 is coming soon to this popular master-planned community in Langley’s vibrant Willowbrook neighbourhood with new layouts, new specs, new features, but the same meticulous attention to designing homes that balances urban sophistication and features with natural beauty.

Here, you’re just seven minutes from more than 600 shops and services, 65 eateries, and 30 parks and golf courses.

new releases and grand openings THE GRANDE AT SUTER BROOK VILLAGE Home type: Highrise Developer: Onni On the Street: Ioco Road and Brew Street, Port Moody On the Web: onni.com Contact: 604.552.0552 Info: Coming soon, The Grande is your final opportunity to purchase a brand new highrise

YALE BLOC 3 Home type: Lowrise Developer: Manorlane Homes On the Street: 19557 – 64th Ave., Langley On the Web: yalebloc.com Contact: 604.539.YALE Info: Building 3 is about to be released, within walking distance of a diverse array of shops including Willowbrook Mall, The Real Canadian Super Store, Save-On-Foods, London Drugs, and intriguing boutiques to satisfy your craving for an afternoon of retail therapy perhaps followed by sips’n’bites at one of the many local eateries like Cactus Club and Brown’s Social House. It’s urban living at its finest.

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

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 29

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NO 4 RD

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No. 3rd across from Capstan Skytrain 604-285-9983

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WWW.THEAGENCYREM.COM

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PROJECT SALES AND MARKETING PROFESSIONALS @THEAGENCYREM

6TH ST

28TH AVE 30 YPNEXTHOME.CA

78B AVE

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DEAS ISLAND REGIONAL PARK

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113 ST

5111 Hollybridge Way 604-233-2633

5550 Admiral Way FINN RD 604-946-8812

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/THEAGENCYREM

RICHMOND/DELTA/LADNER/TSAWWASSEN

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 31

NEW TOWERS

REGISTER NOW

www.rivergreen.com 604.233.2633

THE LEGACY CONTINUES CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITY

PRESENTATION CENTRE (By Appointment Only) 5111 Hollybridge Way, Richmond V7C 0A3

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

Trending

Feeling pretty high about growth: Andrew Ramlo at UDI

by Susan M Boyce

IT WAS A NEW TAKE on the Urban

Development Institute’s state of the market luncheon in Vancouver this past April. Long known as “the guy behind the numbers” for Bob Rennie’s annual address, this year Andrew Ramlo, vicepresident of Market Intelligence for the Rennie Group and executive director of the Urban Futures Institute, took centre stage with an insightful, meticulously researched presentation to a sell-out crowd.

Looking beyond average A self-confessed numbers nerd, Ramlo believes using simple averages has created a false idea about housing prices and affordability — a negative impression that the media has been delighted to report on at length. Here’s why.

Taking the combined sales of all product types throughout Metro Vancouver, there were 108,023 sales in 2016 with an average price of $886,000.

Looking instead at the median price — the midway point between highest and lowest — that average drops to $595,000.

Even more telling were the results of segmenting out the top quintile of sales — the upper 20 per cent where the average selling price in 2016 was $2,254,805.

Ramlo argued that, since 80 per cent of purchasers aren’t looking for a $2-million home, let alone a $32-million home, it makes sense to recalculate the numbers to reflect a price-range that everyday people might actually be buying.

That approach yielded a different story — average prices across all housing types dropped to $544,605. Applying the same analysis to individual housing 34 YPNEXTHOME.CA

ABOVE: Yukon by Alabaster Homes brings new townhome luxury to Vancouver’s Marpole neighbourhood. BELOW: Luxurious single-family lifestyle comes to South Surrey’s Morgan Heights neighbourhood at Edgewood Gate by Foxridge Homes

types, detached homes averaged $944,104, attached townhomes $610,602, and condo/ apartments clocked in well below the halfmillion dollar mark, at $468,672.

“We keep hearing that it takes over $1 million to get into the housing market in City of Vancouver,” Ramlo says. “I’m not saying we don’t have affordability issues — we do. But when you look at it a different way, it’s not nearly as bad as the media is portraying.”

He also noted that although the 5,707 total sales posted in March 2017 across all

property types did show a 29-per-cent decline compared to the same month a year ago, those numbers failed to reflect the 52-per-cent increase over February 2017, or the fact that March 2017 was almost 20 per cent above the 10-year average of 4,800 sales.

Putting upward pressure on pricing in March 2017, however, was a combination of declining listings and

increasing sales year-over-year. Condos saw the most dramatic drop, with listings plummeting 61 per cent – an all time low – while posting a 49-per-cent increase in sales. Townhouses weren’t too far behind, with a 55-per-cent drop in listings and almost a 30-per-cent increase in sales, leaving single-family detached homes as the only product type showing a decline in both listings (32 per cent) and sales (eight per cent).

Boomer equity As the Bank of Mom and Dad becomes an increasingly important factor for more than 40 per cent of first-time homebuyers, Ramlo says it’s time to stop comparing sale prices to average income.

His example: a young couple with an annual income of $75,706. They’ve scrimped enough to accumulate $17,472 to cover the minimum five-per-cent down payment required for a $331,976 mortgage on a $349,499 home. Then, Mom and Dad, who are part of the Boomer crowd sitting on an estimated $314 billion of mortgage-free equity, decide to chip in the extra $93,000 so their kids have the 25-per-cent down payment required to avoid the additional costs of CMHC insurance.

“There are now two options for that couple: reduce their mortgage to $238,790 — which would be a great thing to do. Or, purchase a house for $442,635 — almost a 30-per-cent increase in both purchasing power on the open market, and the ratio of purchase price to income.” Since most will decide in favour of the latter, the historical matrix of sales price to income is “blown out of the water.”

Build more, build soon A somewhat “nerdy” concept that’s both fascinating and under-reported, Ramlo’s insights into the life-cycle of housing occupancy — age-specific household maintainer rate for anyone who wants to get technical — gave a startling view of future housing requirements based solely on the natural aging process.

According to the 2016 census,

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only 16 per cent of the 20-to-24 age group identify themselves as a primary maintainer — the main person responsible for household finances. So in a sample of 1,000 people today, this group would require 160 homes. Five years later, the now 25-to-29 age group will account for 35 per cent of primary maintainers, and the number of homes required jumps to 350. In another five years, that number rises to 440. Translation: within a single decade, housing occupancy needs can be expected to rise by a factor of 2.75 based solely on existing population, without considering additional demands from immigration.

If you think that, as Boomers leave the family home, more housing options will come available, think again. Looking ahead 20 years, Ramlo’s research indicates that while 223,798 homes will be freed up, younger cohorts will step up the ladder of responsibility at a rapidly escalating rate. By 2036, it’s anticipated the under-64 crowd will require 662,364 homes — more than double the overall increase of 438,567 in existing homes.

In closing...

Ramlo had a timely quote from RJ McDougal back in 1991. “Prices [in Vancouver] are too high. Working people are no longer able to afford to pay the prices being demanded. The same thing was said 20 years ago, 10 years ago, five years ago.”

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 35

Burnaby | New Westminster NEW HOMES: A11. IVORY MEWS 7385 Edmonds Ave @ Fulton Ave 604-528-6935

BARNET MARINE PARK

E NIV

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NEW WESTMINSTER

U

WA Y

BURNABY MOUNTAIN GOLF COURSE

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North Road & Lougheed 604-328-7128

A1

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CLIFF AVE

BRENTWOOD MALL

GRE

A12. THE CITY OF LOUGHEED

W SFU

SPERLING AVE

HOLDOM AVE

WILLINGDON AVE

A9

A10

Barnet Hwy UNIVERSITY DR

A6

ROYAL OAK AVE

A7 A4

BOUNDARY RD

WILLINGDON AVE

BCIT

AUSTIN AVE

A12

BURNABY LAKE REGIONAL PARK

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AD AW AY

NELSON AVE

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GILLEY AVE

ROYAL OAK AVE

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8T

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Lougheed Hwy & Gilmore Ave. gilmoreplace.com

E AV

B1

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S YD BO

A4. BROOKMERE BOUNDARY RD

Presentation Centre #150 - 3555 North Road

E

EW

A5. VERDI ON THE HEIGHTS

A6. PACIFICO

A8. CAMERON VE NA

Presentation Centre 150A - 3355 North Rd 604-379-2191

A9. GOLD HOUSE 6377 McKay Ave goldhouseliving.com

A10. CONCORD BRENTWOOD

7180 Barnet Rd. 604-294-3802

Lougheed & Beta 604-435-1383

A7. CROWN Presentation Centre #104 - 552 Clarke Rd 604-939-8868

PACIFICOHOMES.CA / 604.338.2300 Sales Center Open Sat & Sun 2-4pm or by appointment

36 YPNEXTHOME.CA

203 – 20 E Royal Ave. 604.523.0733 Port Royal 604-544-2258 Elliot Street 604-662-8009

B3

AY TW

A3. GILMORE PLACE

QUEEN’S PARK

DUNCAN ST

WAY

3908 Hastings St 604 563 3020

Sales Centre 285 Nelson's Court 604-525-3941

B5. ELLIOT

EN

7350 Kingsway 604-533-3033

R WA

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A2. KINGS CROSSING

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Metrotown SunTowersMetrotown.com

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Presentation Centre 188 Wood Street 604-438-5050

B3. THE ROYAL

DEER LAKE

DEER LAKE PARK

A1 CENTRAL PARK

LOUGHEED MALL

Lougheed Hwy

SPROTT ST

NEW CONDOS: B1. RIVER QUEENSBOROUGH

NORTH RD

INL ET

HASTINGS ST

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BURNABY MOUNTAIN PARK

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CONFEDERATION PARK

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SALES CENTRE OPEN Mon-Fri (by appointment only) Sat/Sun 12-5pm

GREAT FLOOR PLANS AVAILABLE

WARRANTY BY:

Y

Property Profile | SUN TOWERS

Location

4458 Beresford St., Burnaby Builder

Belford Properties Home Type

Highrise Sales Centre

Coming soon Contact

SunTowersMetrotown.com 604.336.0899

Sun Towers Celebrate the Metrotown lifestyle IT’S OFFICIAL. Sun Towers is a hit with

Metrotown homebuyers.

“Our initial, 41-storey tower was over 90 per cent sold in just 10 days,” says a clearly delighted Matt Pesklewis, project marketer. “People appreciate the convenience of living just steps from the newly refurbished Metrotown SkyTrain, shopping at Metropolis Mall, and the trails of Central Park. Plus, geographically, this is the epicenter of Metro Vancouver, so getting anywhere is easy.” He adds that if you prefer two feet or two wheels, the BC Parkway is quite literally at your doorstep.

Life at the top Located at 4458 Beresford St., Sun Towers sits on the Metrotown Plateau – 38 YPNEXTHOME.CA

where views are stunning. “It’s not well known, but the site is 135 metres above sea level,” Matt explains. “So, if you drew a line from the front lobby, you’d be at the equivalent of the 27th floor in Brentwood or the 41st floor in Coal Harbour.”

Elegant by design Inside, Sun Towers provides classic elegance. Kitchens are a showcase of cutting-edge efficiency and technology, boasting Bosch appliances, Germanmade Nobilia cabinetry and full-slab marble backsplashes. Ensuites for pampering your soul come with oversized floor and wall tiles in Carrera marble design, floating vanities, and frameless glass showers.

Air-conditioning, roller blinds and bike lockers are all standard.

Then there’s The Solaris Club – an exclusive residents’ amenity area spanning three levels. Features include a 60-ft. pool, badminton court, indoor golf, games area, music room, quiet study room, plus the 6,700-sq.-ft. Sky Garden with children’s play area, ping-pong, outdoor kitchen and dining, and fire pit.

“Buyers are also thrilled that there will be a full-service concierge,” Matt says. “Not only will you always have a friendly face to greet you, the concierge will help you book things like an on-site masseuse or car detailing services, and they’ll be organizing various activities like movie nights or cooking demonstrations that will make this feel like a genuine community.”

Sun Towers offers luxurious condominium homes ranging from oneto three-bedrooms. A few select homes remain in Tower 1, with sales at Tower 2 anticipated in the near future. Register now at SunTowersMetrotown.com.

The most valuable real estate in Metrotown.

At the centre of it all in Metrotown.

Don’t miss out on this rare opportunity to make an investment in location and luxury.

Presentation Centre 101 – 4211 Kingsway, Burnaby

RO SS RD

NM

Sky H

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R VE GO EN

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Sea To

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SQUAMISH

NEW CONDOS:

NEW CONDOS:

A1. BROOKLYNN

B1. RAVENSWOOD

A1

LOGGERS LN

QU E E NS WAY

B1

467 Mountain Hwy, 604 770 1663 brooklynnliving.com

B3

RAVEN DR

A2. JUNIPER AT TIMBER COURT 2517 Mountain Highway 604-988-3617

FINCH DR

A3. PROMENADE AT THE QUAY 21 Lonsdale Avenue 604-986-8862

ROBIN DR

MAGEE ST

B2

99

www.ravenswoodliving.ca 604-670-7862

B2. SUMMITS VIEW AT EAGLEWIND 38220 Eaglewind Boulevard 604-892-5888

B3. SEVEN PEAKS 39548 Loggers Lane 604-292-9354

A4. GROSVENOR AMBLESIDE grosvenorambleside.com 604-922-1380

NEW HOME: A1. GREEN ON QUEENSBURY CH E R RY B UC

SQUAMISH

KLEY AVE

UD TEA PLA

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E RK

VAL LEY

DR

2N

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40 YPNEXTHOME.CA

DR

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DR Moody & Queensbury qualex.ca/green

VE YA WA AV ST UT E N T AV ES CK CH LO M R HE DD OR ILF GU

WE

We are a real estate development, investment and management company that strives, solves and evolves to create better spaces and stronger communities. We are Growing Places. anthemproperties.com

rton

Dolla

CENTENNIAL WAY

BRENNAN PA R K

3R

Mountain Hwy

LONSDALE AVE

DR NS

MATHERS AVE

SD AL EA VE

DR

LIGHTHOUSE PARK

DEMPSAY RD

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PERTH DR

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21ST ST

RUN

NORTH SHORE CYPRESS

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CYPRESS BOWL RD

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Hwy

PHASE 2 NOW SELLING

2 SHOWHOMES NOW OPEN

NORTH SHORE/SQUAMISH/WHISTLER A L A N D M A R K CO M M U N I T Y O N T H E PA R K

Discover one of the North Shore’s hidden treasures.

1 , 2 & 3 B e d ro o m Re sid e n ce s o n t h e Pa rk

R EG I STE R N OW Q UALE X .C A /G R E E N This is not an offering for sale. Any such offer can only be made by way of disclosure statement. E.&O.E. ™ denotes one or more trademarks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Northern Limited Partnership.

42 YPNEXTHOME.CA

NORTH SHORE/SQUAMISH/WHISTLER

looking for a new home?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

S TART S EARCHI NG NOW!

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MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 43

Vancouver | Downtown Vancouver SEABUS 20

E HASTINGS ST

CORNWALL AVE

W 6TH AVE W BROADWAY

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NEW CONDOS: 1. VIRTUOSO 118 - 6033 Gray Ave 604-221-8878

2. 1555 WEST EIGHTH 1555 W 8th 604-828-3998 1555w8.com

3. AVALON MEWS 5808 Wales 604-438-5050

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

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

6. MAISONETTE SW corner of Granville & 57th 604-325-8111

7.

THE SMITHE 1035 Seymour Street 604-689-7003

44 YPNEXTHOME.CA

NEW HOMES: 8. AVALON PARK River District Neighbourhood 604-879-8830

9. ETON 5696 Berton Avenue 604-221-8598

10. THE GREY Dunbar and 16th thegreyliving.com

11. 1335 HOWE Downtown Vancouver Onni.com

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

13. BELPARK Vancouver Westside 604 891 1281

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

15. ASTON Oak and 38th 604-418-6809

16. THE REGENT AT KING EDWARD STATION 523 W. King Edward Ave 604-273-1313

17. OAK + PARK 604-558-5851

18. YUKON RESIDENCES Winona Park Presentation Center 301- 1788 W Broadway yukonresidences.ca

19. SHAUGHNESSY RESIDENCES 8123 Shaughnessy St 604 558 5848

20. MIRABEL 1345 Davie St. mirabelbymarcon.com

21. INTRACORP TOWNHOME COLLECTION, 7302-7358 GRANVILLE www.intracorp.ca/townhomes/c/ granville59th/ 604-891-1288

BOUNDARY RD

MAIN ST

OAK ST

W 57TH AVE

SKYTRAIN

E 49TH AVE

VICTORIA DR

3 W 49TH AVE

VANCOUVER

NOW SELLING SALES GALLERY 1035 SEYMOUR STREET (BETWEEN HELMCKEN AND NELSON)

TheSmithe.ca 604.689.7003 | info@TheSmithe.ca

THOUGHTFULLY DESIGNED 2 + 3 BEDROOM DOWNTOWN RESIDENCES STARTING FROM 1,000 SQFT, THESE ELEGANT INTERIORS ARE DESIGNED WITH AN OBSESSION FOR DETAIL TO CREATE AN UNPRECEDENTED EXPERIENCE FOR OUR HOME OWNERS — INCLUDING NATURAL STONE FLOORING THROUGHOUT ALL HOMES, IMPORTED ITALIAN CUSTOM KITCHENS FROM BINOVATM , AND WOLF AND SUB-ZERO APPLIANCES.

THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE BY WAY OF DISCLOSURE STATEMENT. E. & O.E.

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 45

VANCOUVER'S NEWEST NEIGHBOURHOOD, ESTABLISHED 1890.

Coming Summer 2017 | Davie & Broughton

| Register Now

Thoughtfully Crafted West End Residences Coming this Summer

MIRABELBYMARCON.CA This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E. Marcon Davie (GP) Ltd.

Advice | CONDO SENSE

Things to do between the pre-sale purchase and completion

By Cameron McNeill

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AFTER A SUCCESSFUL PRE-SALE home purchase, enjoy the time until you get the keys to your new home. Now that the contract has been executed and all contract requirements have been finalized, you can begin planning your space. This is a great time to start thinking about decorating your new home, including dining ware, furniture, artwork, and any custom millwork you may desire.

Visit the presentation centre again for design ideas and inspiration from the display. The marketing brochure will include the floor plan for your new home, and may offer approximate dimensions.

TIP: The best time to buy furniture is when your home is fully completed and you have the exact and final measurements.

48

Cambie62 will have a collection of 25 homes with one to three bedrooms, and the new Vancouver development will have a dedicated customer service team to help guide you through the process, from purchase to completion

Between purchase and completion...

Take the opportunity to review the Disclosure Statement again, and note important dates in your calendar such as the estimated range of completion dates, and the notice period from the developer. This will allow you to prepare and understand the steps along the way including deposits, and share the time-lines with all parties involved in this transaction, such as your mortgage broker, lawyer, realtor and home appraiser.

Each development will have a dedicated customer service team that will also send you notifications about upcoming events, such as construction updates, building completion, orientation appointments and move-in details. If you have questions, reach out to them. They are there to help and guide you through this exciting process.

As the completion date approaches, you can expect an email requesting contact details for your notary public or lawyer. This allows the developer’s legal representatives and customer care team to connect with your legal team to complete the sale, which includes the land title transfer. In addition, a customer care rep will contact you to book an appointment for orientation, where you will get a first glimpse of your beautiful new home. Remember to take photos during your session.

Once you get your completion and orientation notices, you will be prepared and organized to enjoy your home sweet home.

Cameron McNeill is co-president of MLA Canada, a comprehensive real estate service provider. Partnering with residential developers, MLA Canada offers an unmatched level of expertise in advisory services, market intelligence, project marketing, sales, customer care and administration. Visit mlacanada.com

One-of-a-kind two and three bedroom luxury residences located in Vancouver’s prestigious West Point Grey. Located near BC’s finest schools, recreation and amenities, ownership at The Grey is limited to just 29 homes.

Starting from $2M Book your private appointment today thegreyliving.com 604 566 6888 This is not an offering for sale. Any such offering can only be made by way of Disclosure Statement. The developer reserves the right to make changes and modifications without prior notification. E.&O.E.

176TH ST

184TH ST

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SOUTH SURREY / WHITE ROCK NEW CONDOS:

NEW HOMES:

1. PRESCOTT COMMONS

1. EDGEWOOD GATE

15168- 33rd Avenue 604-541-8092

2. BEACHBOROUGH 14022 North Bluff Road beachborough.ca

3. MIRAMAR VILLAGE Coming Soon 604-542-8882

Presentation Centre 166 Street & 21 Avenue 778-294-9077

2. QUINN

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

15828 Mountainview Dr 604-582-1113

ypnexthome.ca

50 YPNEXTHOME.CA

Grandview Heights 778-945-2050

6. PLATEAU AT GRANDVIEW HEIGHTS Preselling from 15879 29A Avenue, Surrey 604-560-6438

16355 23 Ave. 604-720-7478

4. GRANDVIEW AT SOUTHRIDGE CLUB

SEARCH ONLINE

5. SOHO

7.

ZIRKON 2528 156th St 604-298-3000

8.

SWITCH 24th Ave & 164th 604-581-8080

9.

HUDSON 2427 - 164th 604-542-7088

10. EVOLVE AT THE HAMPTONS 24th Ave & 164th essenceliving.com/evolve

11. SOUTH POINT WALK Sales Centre 29A & 152nd St 604-560-3238

99

Trending

Growing demand, short supply of condos and townhomes: REBGV DETACHED HOMES

TOWNHOMES

APARTMENT CONDOS

Active listings: 4,653 Sales: 1,211 Benchmark price: $1,516,500 Avg. days on market: 40

Active listings: 1,066 Sales: 620 Benchmark price: $701,800 Avg. days on market: 24

Active listings: 2,094 Sales: 1,722 Benchmark price: $554,100 Avg. days on market: 19

CONDOS AND TOWNHOMES are a hot commodity in Metro Vancouver, according to the latest report from the Real Estate Board of Greater Vancouver (REBGV).

Home sales across all housing types fell in April 2017, totalling 3,553 transactions. This is down 25.7 per cent year-over-year, and 0.7 per cent monthover-month.

This is still 4.8 per cent above the 10year average for the month.

Condos and townhomes accounted for a larger proportion of all home sales in the first four months of 2017 – 68.5 per cent, compared to 58.2 per cent in over the same period in 2016.

“Our overall market is operating below the record-setting pace from a year ago and is in line with historical spring levels.

It’s a different story in our condominium and townhome markets,” says Jill Oudil, REBGV president. “Demand has been increasing for months and supply is not keeping pace. This dynamic is causing prices to increase and making multiple offer scenarios the norm.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,907 in April 2017. This 52 YPNEXTHOME.CA

represents a decrease of 19.9 per cent over the 6,127 units listed in April 2016, and three per cent up over March 2017.

The total number of residential properties currently listed for sale on the MLS system in Metro Vancouver is 7,813, a 3.5-per-cent increase compared to April 2016 (7,550) and a three per cent increase compared to March 2017 (7,586).

The sales-to-active-listings ratio for April 2017 is 45.5 per cent – two per cent below March 2017 and indicative of a sellers’ market.

By property type, the sales-to-active listings ratio is 26 per cent for detached homes, 58.2 per cent for townhomes, and 82.2 per cent for condominiums.

“Until more entry level, or ‘missing middle’ homes are available for sale in our market, we’ll likely continue to see prices increase,” Oudil says. “There’s been record building this past year, but much of that inventory isn’t ready to hit the market.”

The MLS Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $941,100 – up five per cent over the past three months and an 11.4-per-cent increase compared to April 2016.

Over the last three months, the benchmark price of condominiums has seen the largest increase in the region, at 8.2 per cent, followed by townhomes at 5.3 per cent, and detached homes at 2.8 per cent.

“Homebuyers are looking to get into the market and they’re facing fierce competition,” Oudil says. “It’s important to work with your local realtor to help you navigate today’s marketplace.”

Sales of detached properties in April reached 1,211, down 38.8 per cent from year-over-year. The benchmark price for detached properties is $1,516,500, up 8.1 per cent year-over-year and a 1.8-percent increase over last month.

Sales of condominium properties reached 1,722 in April 2017, down 18.3 per cent form April 2016. The benchmark price is $554,100, a 16.6-per-cent increase year-over-year and up 3.1 per cent compared to March 2017.

There were 620 townhomes sold in April 2017, down 10.8 per cent compared to April 2016. The benchmark price of an attached unit is $701,800. This represents a 15.3-per-cent increase over the past 12 months and a 2.4-per-cent increase compared to March 2017.

FLIP THE SWITCH THIS SPRING! IN D E T N EC E Y N O C URR GET S H SOUT

Den ed + d $500’s B 3 & i 3 Bed rom the m f Priced

Sutton West Coast Realty

HUNTER PARK Switch is currently not an offering for sale. Prices quoted are an anticipated range only, exclusive of taxes and are subject to change without prior notice. E.&O.E.

IF E .C L N O TURN .8080 1 8 5 .

604

A

SOUTH SURREY/WHITE ROCK

start your search here.

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

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 55

Open 7 days a week

NOW SELLING

starting from $578,800

The Coast is Calling

ARRIVING SOON Luxurious residences located in the coveted West Beach area of White Rock.

Ranging from 600 – 1,800 sq.ft.

PRE-SALE REG IS T R ATI O N S N OW ACCEP T E D

beachborough.ca Sales by disclosure statement only. Texor Homes 245 – 9600 Cameron St, Burnaby.

Surrey | Langley 116TH AVE

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A1. UNIVERSITY DISTRICT 104th & University Dr 604-588-5795

SERPENTINE FEN NATURE RESERVE

A5. ASHBURY + OAK 8138 204th Street 604-539-6281 99

A2. YALE BLOC

19557 64 Ave yalebloc.com

NEW HOMES: A3. HARVEST AT BOSE FARMS 16488 64 Ave. 604-576-7722

A3. WESTPOINTE

Presentation Centre 604-833-9193

A4. SUMMIT

Panorama Heights 778-591-6685

58 YPNEXTHOME.CA

A6. CLAYTON WALK Fleetwood claytonwalk.com

LANGLEY NEW HOMES:

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B1. HUTTON

B7. ARGYLE

B2. ARCHSTONE

B8. CREST

B3. PRESTWICK AT MILNER HEIGHTS

B9. WEXLEY

76A Ave & 210 Street.

604-881-7882 #4 7672 209th Street 604-888-9671

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

B4. EVERLY GREEN 8217–204B Street 604-371-3832

B5. GABRIOLA PARK 20298 82nd Ave.

B6. WALDEN

204 St. & 84th Ave. 604-561-0889

40TH AVE

20901 83 Ave. 604-371-0229

199938 70 Ave essenceliving.com/crest

20857 77A Ave wexley.ca

B10. LATTICE AT MILNER HEIGHTS 7138 210 St. 604-427-3407

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TYNEHEAD REGIONAL PARK

216TH ST

GREEN TIMBERS URBAN FOREST PARK

96TH AVE

Now Selling!

BUILDING 3 COMING SOON

MODERN 1 AND 2 BEDROOM CONDOS More than a home, Yale Bloc is a stylish hub - connecting you to a life of convenience. Don’t miss your chance to own a piece of the bloc.

COMING SPRING 2017

19557 64 AVE, SURREY BC

196th

YALEBLOC.COM

192nd

REGISTER TODAY

FR

AS

64th AVE

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T RS FI

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G IN M ON CO SO IT’S TIME TO RECONNECT 36 spacious townhomes in a peaceful, secluded Langley neighbourhood With local walking trails and family parks as a backdrop, Hutton is your opportunity to get reconnected to the things you value.

Pricing from the low $500’s

604.881.7882 HUTTONTOWNHOMES.CA Developed by

Marketing & Sales by

Trending

Metro Vancouver’s top builders announced at the 2017 Ovation Awards THE GREATER VANCOUVER Home Builders’ Association (GVHBA) revealed the 2017 Ovation Award winners to a full house of 350 members, including builders, renovators, designers and suppliers, at the eighth annual awards gala.

Tavan Developments Ltd. was a big winner, claiming four awards including the coveted Custom Home Builder of the Year Award. Adera Development Corp. won three awards including Excellence in Innovation and Sustainability in New Residential Construction, Best MultiFamily Lowrise Development, and the Grand Ovation Multi-Family Home Builder of the Year. My House Design/Build Team also won three awards, including Residential Renovator of the Year, with Miracon Development winning SingleFamily Home Builder of the Year.

“We continue to see strong growth in new-home development and renovations across Metro Vancouver,” says Bob de Wit, CEO, GVHBA. “The wide variety of homes up for awards this year was truly outstanding.

“The Ovation Awards showcase

the variety of homes and outstanding craftsmanship of Metro Vancouver‘s residential construction industry. It is a symbol we are very proud to represent, which helps connect homeowners with award-winning professionals.”

Without further delay, here are the 2017 Ovation Award and Grand Ovation Award Winners (listed alphabetically, by category): Best Kitchen Renovation: Under $75,000 Tavan Developments for Hamilton on the Hill (Vancouver) Best Kitchen Renovation: $75,000 $125,000 New Vision Projects for Transitional Transformation (Delta) Designer: Sarah Gallop Design Inc. Best Kitchen Renovation: Over $125,000 My House Design/Build Team for Classic Elegance (Surrey) Best Kitchen and Great Room Renovation Marino General Contracting for Edgy Outlook on a Vancouver Classic (Vancouver) Best Bathroom Renovation: Under $35,000 Tavan Developments for Hamilton on the Hill (Vancouver)

Prodigy by Adera Development Corporation

Best Bathroom Renovation: $35,000 and over My House Design/Build Team for Classic Elegance (Surrey) Best Renovated Room Versa Platinum Construction for Let There Be Light! (Langley) Best Heritage or Character Home Renovation Marino General Contracting for Edgy Outlook on a Vancouver Classic (Vancouver) Best Exterior Renovation Best Builders Ltd. for Modern Retreat (Delta) Designer: Architrix Design Studio Inc. Best Townhouse/Condominium Renovation: Under $300,000 Troico Home Solutions for Inlet Oasis (Coquitlam) Best Townhouse/Condominium Renovation: $300,000 and Over Euro Canadian Construction for Hycroft Reimagined (Vancouver) Best Renovation: Under $200,000 Troico Home Solutions for Inlet Oasis (Coquitlam) Best Renovation: $200,000 - $399,999 Kemp Construction Management for By the Bay (Delta) Designer: Sarah Gallop Design Inc. Best Renovation: $400,000 - $699,999 Saint Construction Management for Ross Street (Vancouver) Best Renovation: $700,000 - $1 Million Upward Construction & Renovation for Kerrisdale Contemporary (North Vancouver)

62 YPNEXTHOME.CA

Best Custom Home: Over $3 million Mulberry Property Group Mulberry (North Vancouver) Best Single-Family Detached Home (Production): Less Than 2,400 sq. ft.

Miracon Development Westside Phase 1 – Orchard (Surrey)

Best Marketing Campaign Zenterra Developments for SOHO Phase 1 Pre-launch (Surrey)

Best Townhouse/Rowhome Development (Production): Less that 1,500 sq. ft.

Ikonik Homes for The Smith (Surrey)

Excellence in Innovation and Sustainability in New Residential Construction Adera Development Corporation for Sail (Vancouver)

Best Townhouse/Rowhome Development (In-Fill) Project Mint Developments for Pender Duplex (Vancouver)

Best Renovation: $1 Million Under $3 Million Best Builders Ltd. for Modern Retreat (Delta) Designer: Architrix Design Studio Inc.

Best Multi-Family Lowrise Development Adera Development Corporation Prodigy (Vancouver)

Best Renovation: Over $3 Million Marino General Contracting for Edgy Outlook on a Vancouver Classic (Vancouver)

Best Multi-Family Highrise Development Onni Group of Companies for Block 100 (Vancouver) Architect: Chris Dikeakos Architects

Best Small-Scale Home Under 1,000 sq. ft.

Smallworks Studios / Laneway Housing for East Van Coach House (Vancouver) Best Custom Home: Under $1 Million Ronse Massey Developments for Keat’s Retreat (Vancouver) Best Custom Home: $1 Million Under $1.5 Million Blackfish Homes for Alpine (North Vancouver) Best Custom Home: $1.5 Million $3 Million Tavan Developments for Hudson on the Park (Vancouver)

Excellence in Building Science in Residential Construction Blackfish Homes for Alpine (North Vancouver) BC Housing Award for Excellence in Creating Innovative Housing Choices Tien Sher Group of Companies for Balance (Richmond) FortisBC Award for Excellence in Energy Efficiency in New Residential Construction Build-Pros Construction for Certified Platinum Green Regal (North Vancouver)

Best Residential Community: Single Family Portrait Homes for Nelson Peak Phase 2 (Richmond) Best Residential Community: Multi-Family Zenterra Developments for Hyde Park Phase 2 (Surrey) Best New Kitchen: Under $50,000 Mint Developments for Pender Duplex (Vancouver) Designer: Designs by Katerina & Silvie Best New Kitchen: $50,000 - $99,999 Best Builders for Georgian Manor (Delta) Designer: Architrix Design Studio Best New Kitchen: $100,000 and Over Mulberry Property Group for Mulberry (North Vancouver) Best Outdoor Living Space: New or Renovated VictorEric Premium Homes for Hythe Residence (Vancouver) Best Special Feature: New or Renovated Marble Construction for Leovista (North Vancouver)

Pender Duplex by Mint Developments

Best Interior Design Custom Residence: New or Renovated VictorEric Premium Homes for Cambridge Residence (Vancouver)

Best Single-Family Detached Home (Production): 2,400 sq. ft. and Over Portrait Homes for Nelson Peak Phase 2 (Richmond)

Best Townhouse/Rowhome Development (Production): 1,500 sq. ft. and Over Hayer Builders Group for Summit (Surrey)

Summit by Hayer Builders Group

Best Interior Design Display Suite: Single-Family Home Tien Sher Group of Companies for Tuttle+Patterson (Richmond)

Best Interior Design Display Suite: Multi-Family Home Zenterra Developments for SOHO Phase 1 Pre-Sales Retail (Surrey)

The Smith, Ikonik Homes

2017 GRAND OVATION AWARD WINNERS Residential Renovator of the Year My House Design/Build Team (Surrey) Custom Home Builder of the Year Tavan Developments (Vancouver) Single-Family Home Builder of the Year Miracon Development (Surrey) Multi-Family Home Builder of the Year Adera Development Corporation (Vancouver) Shaw Viewers’ Choice Award Hayer Builders Group Inc. (Surrey) MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 63

PHASE 4 SELLING FAST!

NATURAL LIVING ON YORKSON PARK

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

1,400 to 1,794 Sq. Ft. of living from just $545,900*

Visit our 2 designer display homes today.

gabriolapark.com

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

20498 - 82nd Ave Langley

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

NS-

CAN

ADA

Lattice Sales Centre 7138 210th Street, Langley

604 427 3407

Open Sat. to Weds. 12-5pm | MilnerHeights.ca * Prices and availability is subject to change without notice. This is not an offering for sale.

Developer reserves the right to make modifications to specifications without notice. Any such offering can only be made with a disclosure statement. E.&O.E.

200 ST

604 37 1 0928

80 AVE

HW

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208 ST

TRA

72 AVE 68 AVE 64 AVE

210 ST

Prestwick Sales Centre #1 - 7059 210th Street, Langley

Advice | NEWS & VIEWS

Priced out of Vancouver’s hot housing market?

By Lydia McNutt

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WITH STEADILY DECREASING HOUSING AFFORDABILITY – according to popular

opinion, as well as official sources like RBC Economics and Canada Mortgage and Housing Corp. (CMHC) – there’s no shortage of tips out there on how to save up for a home. Hopeful homebuyers find themselves the targets of a steady stream of advice bombs about how to save more and spend less, complete with suggestions of different housing types at lower price points, and “coming soon” communities in the nether regions that might be within your price range.

These are all potentially good and feasible options for maximizing your available funds. But ultimately, if you can’t comfortably afford to buy that home, the choice should be clear.

To those finding it tough to buy in this hot housing market, “Don’t do it,” says Brian Brown, vice-president of Lifetime Developments. He admits it’s surprising advice, particularly coming from a real 66 YPNEXTHOME.CA

estate developer. “It’s the advice I give my kids when they want to buy a toy they can’t afford.”

Now, let’s be careful not to take Brown’s unhesitating words out of context. Real estate has historically been a good investment and, barring any major catastrophe, will probably continue to be one in the long-term – that is, if you can manage to get your foot in the door.

The term “priced out” has become commonplace in housing markets like Vancouver and Toronto. Each of these cities has experienced incredulous rates of price growth, and both display signs of “price sprawl” into suburban areas and even further, into neighbouring cities.

To that effect, CMHC released a report earlier this year, exploring how house prices in Toronto impact surrounding areas. According to the report, a oneper-cent increase in Toronto home prices would lead to a 1.4-per-cent price change in Hamilton within one year.

In BC, “Evidence of overvaluation has increased from moderate to strong in Victoria, as fundamentals are not keeping up with higher prices. There is also moderate evidence of price acceleration and overheating, leading to strong overall evidence of problematic conditions,” CMHC reported in its latest Housing Market Assessment.

Guess it’s not so bad, being little brother to the big city – unless you’re a prospective homebuyer.

So, what to do about housing unaffordability?

Last summer, the BC government implemented the 15-per-cent foreign buyers’ tax, and Vancouver resale prices have since eased somewhat. Then, in October, Ottawa intervened with tighter mortgage qualification rules nationwide. And just last month, the Ontario government announced its 16-point Fair Housing Plan, all in an effort to cool the runaway housing market. Only time will tell if these measures will have the desired, long-term outcome.

In the meantime, Brown offers some words of wisdom: “Be disciplined.

Be prudent. Be responsible,” he says.

“The biggest threat to our strong real estate market, and local economy, is a generation of buyers who, in pursuit of the housing dream, throw caution to the wind, assume a crippling mortgage, and take on more debt than they can handle.”

Lydia McNutt is an award-winning writer and senior editor of New Home & Condo Guide.

Lydia’s love of architecture, interior design and the written word have landed her happily at YP NextHome, where real estate rules.

Email Lydia.McNutt@ypnexthome.ca, and follow Lydia on Twitter @LydiasTweets

Property Profile | SUMMIT

Summit Live in style

IT’S OFFICIAL. Buyers have fallen in love

with Summit. Located in Surrey’s Panorama Heights neighbourhood, these threebedroom-plus-flex townhomes boast a style, plus some super-cool features that are sure to intrigue and delight.

Carefree lifestyle “Summit’s unique, split-level floor plans have been a huge hit with families and established professionals who simply don’t want the maintenance hassles of a singlefamily home,” says Erin Vance, sales manager of Summit with Fifth Avenue Real Estate Marketing. “Here, you still get the singlefamily ambiance, the side-by-side garage, up to 11-ft. ceilings in the living room and mainfloor powder room, but you don’t have to think about things like cleaning the gutters.

And comparing with recent single-family sales in Panorama Heights, we’re at least $300,000 more affordable.”

68 YPNEXTHOME.CA

Kitchens are big — really big — so they’re perfectly suited to foodies who view cooking as one of life’s great pleasures.

Walk-in pantries, massive centre islands with magazine rack on one end, and top-of-theline appliances are just a few hints. There’s even a built-in wine fridge, which Erin assures is a standard feature. Seriously — no up-charge for a built-in wine fridge. Sweet!

Upstairs, the master suite is cleverly situated at the top of a four-step stairway, creating the effect that this adult oasis occupies its own, private wing. It’s definitely a single-family feature that parents can appreciate.

Location

Surrey Builder

Hayer Builders Group Development

Panorama Heights Home Type

Townhomes Sales Centre

14058 – 61st Ave., Surrey Contact

hayerlifestyle.com 778.591.6685

Outdoor appreciation Need another incentive? Every home at Summit includes a private rooftop deck that’s structurally engineered to be hot tub friendly. “Because of our location on a sloped property, we were able to have all homes facing north, so they get unobstructed views of the North Shore Mountains,” Erin says. This takes the concept of relaxing after a long day at the office to a whole new level.

Summit’s presentation centre and two display homes are open from noon to 5 p.m. daily except Fridays, at 14058 – 61st St. in Surrey. Prices start in the high $600,000s. For more information, visit online at hayerlifestyle.com or call 778.591.6685.

GREATER VANCOUVER HOME BUILDERS ASSOCIATION

OVATION AWARD WINNER

summit

Summit is the 2017 recipient of two Greater Vancouver Home Builder Awards: - Best Townhouse Development over 1500 sqft - Viewers’ Choice for Best Multi-Family Residential Community

YOUR PRIVATE PANORAMIC VIEW This is your actual view. Come see for yourself.

Come View Our Award Winning Homes.

Visit us today

rooftopsummit.com Open Daily 12 - 5 pm (Except Fridays) 14058 61 Ave Surrey

778.591.6685

*Prices quoted exclude taxes and are subject to change without notice. Sizes are approximate and based on architectural measurements. Please view disclosure statement for exact offering details. A Hot Tub is included in your purchase for a limited time or while supplies last. This offer may be withdrawn at any time without prior notice. Don’t miss out! E.&O.E. Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca

AMAZING VIEWS, NEW PHASE JUST RELEASED!!

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Pre-Construction Pricing 3 bedroom 3 bedroom & Flex room both with Powder room on the main

• Bose Forest Park and Community Gardens

604.576.7722 | 16488 64 Ave. Cloverdale, Surrey

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HWY 91

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BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT

TYPE

CONTACT

PRICE

PROJECT

ABBOTSFORD

TYPE

CONTACT

PRICE

DELTA & TSAWWASSEN

Allwood Place

TH

604-260-6797

Call

Brio

LR

604-943-8811

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TH

604-871-4241

Coming Soon

Fairwinds

TH

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From $789,900

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604-274-7326

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From $599,900

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Eagles Gate

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604-309-7729

From $373,500

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From $789,000

South Pointe

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From $699,900

Foxwood

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604-850-5040

From $524,900

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HR

778-255-9990

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Archstone Yorkson

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604-888-9671

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604-850-5040

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Argyle

TH

liveatargyle.com

Coming Soon

Ashbury + Oak

TH

604-539-6281

From $539,900

BURNABY Arcola

TH

604-671-8805

Coming Soon

Crest

TH

604-318-5167

Call

Churchill

TH

604-363-2627

Coming Soon

Everly Green

TH

604-371-3832

Call

The City of Lougheed

HR

604-328-7128

Call

Gabriola Park

TH

604-371- 1892

Call

Concord Brentwood

HR

604-435-1383

From $299,900

Hutton

TH

604-881-7882

Call

Gold House

HR

goldhouseliving.com Coming Soon

Lattice at Milner Heights

TH

604-371-0928

Call

TH

604-371-0928

Call

Kings Crossing

HR

cressey.com/kingscrossingbycressey Coming Soon

Prestwick at Milner Heights

Pacifico

TH

604 294 3802

Call

Walden

TH

604-561-0889

Coming Soon

The Wex

MR

604-513-8655

Call

Union Park

LR

604-871-4288

Coming Soon

Wexley

TH

wexley.ca

Call

Willoughby West

SF

604-371-0733

Call

Wynnbrook

SF

604-380-4708

Call

The 222

LR

604-767-5913

From $184,900

Brickwater Village

LR

brickwatervillage.ca

Coming Soon

Edge on Edge 2

LR

604-466-8783

Call

Falcon House

LR

604-477-1500

Call

Kanaka Hill

TH

604-479-2263

Coming Soon

Magnolia Grove

TH

604-534-1234

Call Coming Soon

Pixel

LR

pixelburnaby.com

From $399,900

Savile Row

TH

604-833-1606

Call

Simon 2

TH

SimonbyOtivo.com

Coming Soon

Solo District

HR

solodistrict.com

Coming Soon

Station Square

HR

604-438-1113

Call

Sun Towers

HR

SunTowersMetrotown.com Coming Soon

Syncro

LR

bold.ca

Call

Triomphe

HR

604-828-1373

Coming Soon

Verdi on the Heights

MR

604-563-3020

Call

Vittorio

HR

604-871-4296

Coming

CHILLIWACK

MAPLE RIDGE

Camden at The Falls

SF

www.livethefalls.com From $529,900

Ridgemont

TH

604-476-1777

River’s Edge

TH

River’s Edge

Rockridge

TH

www.archstone.ca

Call

Willow

TH

lifeatwillow.com

Call

TH

1-888-826-1177

From $319,800

604.824.5062 Call

COQUITLAM 567 Clarke + Como

HR

567living.com

Coming Soon

MISSION / HARRISON

Amberleigh

SF

604-514-4359

Coming Soon

Horizons

Brookmere

HR

604-259-5991

Call

NEW WESTMINSTER

Foster Ave Rowhomes

TH

intracorp.ca

Coming Soon

Brewery District – The Columbia

HR

604-525-3941

From $289,900

Kingston

SF

604-514-4359

Coming Soon

Elliot

HR

604-662-8009

Call

Mantyla

HR

604-841-8305

From $659,900

Parkside at Victoria Hill

HR

604-523-0733

Call

Mont Bleu

HR

montbleu.ca

Coming soon

River Queensborough

TH

604-438-5050

Call

Simon

LR

604-420-4896

Call

The Peninsula

MR

604-544-2258

Call

Stanton House

LR

604-280-8446

From $509,900

The Royal at Victoria Hill

LR

604-523-0733

Call

Thompson Landing

SF

604-520-3226

From $476,900

The Ridge at Burke Mountain Phase 2 SF

foxridgehomesbc.com Call

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

Mid Rise (MR)

Low Rise (LR)

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

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

FIFTHAVE.CA 72 YPNEXTHOME.CA

N E W H O M E S A L E S AND MARKETING EXPERTISE

The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley.

Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@ypnexthome.ca PROJECT

TYPE

CONTACT

PRICE

PROJECT

NORTH VANCOUVER Atrium at the Pier BrookLynn Cascade at the Pier CentreView Compass Edgemont Townhome Green on Queensbury Grosvenor Ambleside Juniper at Timber Court Latitudes Maplewood North Northlands Pinnacle Residences at the Pier Promenade at the Quay Residences at Lynn Valley Seymour Village Tatlow Trophy at the Pier x61

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

604-983-9065 604-770-1663 604-984-0906 604-998-8540 604-980-5000 boffoproperties.com qualex.ca/green 604-922-1380 604-988-3617 604-435-9477 604-727-1594 604-800-2120 604-983-9065 604-986-8862 604-924-0166 604-924-0818

From $379,900 Call Coming Soon Call Call Coming Soon Register Now Call From $699,900 From $469,900 From $378,900 Call Call Call Call From $699,900 Coming Soon Call Call

PITT MEADOWS Orion

604-983-9065 604 971 3181

TYPE

CONTACT

PRICE

River Green

MR

604-233-2633

Call

River Park Place

MR

604-356-7719

Call

MR/TH

604-233-2633

Call

Trafalgar Square

LR

604-871-4123

Coming Soon

Viewstar

TH

604-285-9983

Call

Vogue

TH

604-715-1250

Call

Westminster Terrace

TH

604-204-1077

Call

Breeze

TH

604-313-4228

Call

Elaho

TH

604-898-2232

Coming Soon

River Inlet

SQUAMISH / WHISTLER

Ocean Crest

SF

604-896-2235

From $1,298,000

ParkHouse

LR

604-567-5433

From $167,900

Ravens Plateau

SF

1-888-852-7575

Call

Ravenswood

SF

604-670-7862

From $800,000

Seven Peaks

TH

604-262-9354

Call

Summits View

TH

604-892-5888

From $559,900

TH/LR

1-877-344-5566

From $239,000

LR

1-888-852-7575

Call

Aqua LR

www.orionliving.ca

Call

University Heights

PORT COQUITLAM Lumiere Parc East

LR LR

604-941-2007 604-472-9499

Call Call

PORT MOODY Dwell24 Platform Station, The

TH TH TH

604-620-6616 aragon.ca/platform 604-492-3338

From $759,900 Coming Soon Call

SUNSHINE COAST SECHELT

RICHMOND Alfa HR 604-276-2532 Call Calla at the Gardens MR 604-271-3331 From $300,000s Concord Gardens HR 604-233-7748 From $300,000’s Dahlia at The Gardens MR 604-271-3331 Coming Soon Empire Living TH 604-244-9622 Call Grand, The HR 604 278 3880 Call Jasmine at The Gardens TH 604-271-3331 Coming Soon Kenstone Gate TH 604-218-3338 From $529,900 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 Orchid by Beedie HR info@orchidbeedie.ca 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 Pinnacle Living at Capstan HR/MR/TH 604-303-0148 Call Pinnacle Living Sorrento MR/HR 604-303-0148 Call Quintet HR 604-303-8878 Call 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 Riga TH 604-715-1250 Call Riva MR 604-278-8825 Call Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

Edgewater at Porpoise Bay

TH

604- 885-8556

Call

SilverStone Heights

SF

604-741-1877

From $479,900

3 Civic Plaza

HR

604-951-3331

Call

Clayton Walk

TH

claytonwalk.com

Coming Soon

Edgewood Gate

TH

foxridgehomesbc.com Coming Soon

Esplanade at Waterstone

LR

604-530-5399

Evolve

HR

604-497-0102

Call

The Guildford

LR

778-394-8867

Coming Soon

Harvest at Bose Farms

TH

604-576-7722

Call

Heights

TH

604-618-6175

From $339,900

Highcrest

LR

604-584-7273

From $345,900

HQ

LR

porte.ca/HQ

Coming Soon

The Links Residences

TH

infinityproperties.ca

Coming Soon

Panorama 62

TH

778-885-6700

Call

Park Avenue West

HR

604-583-9866

From $250’s

Park Place Village

TH

604-617-7763

From $359,000

Prime on Plaza

HR

604-498-3888

Call

SURREY

Summit University District 2015-01-16 11:37 AM Westpointe Yale Bloc Mid Rise (MR)

Low Rise (LR)

From $219,900

TH

778-591-6685

From mid $600’s

HR

604-588-5795

From $233,900

TH

604-833-9193

Call

LR

yalebloc.com

Call

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

MAY 12 - 26, 2017 | NEW HOME & CONDO GUIDE 73

PROJECT

TYPE

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

HR LR HR HR HR LR HR TH LR HR HR Trump International Hotel and Tower® Vancouver HR Vancouver House HR EAST SIDE Avalon Mews TH Currents at Water’s Edge LR Focal LR Francis TH Gem, The LR Grandview Cascades TH Kensington Gardens LR Paragon LR Renfrew & 2nd LR River District - Avalon Park HR/MR/CH Skyway HR Strathcona Gardens TH Triumph TH View338 LR Woodshire TH WEST SIDE 7302-7358 Granville 1555 West Eighth 41West 6th & Yukon 99 West W10th & Maple Aperture Arbutus Ridge Aston Belpark Boulevard Cambie Star Cambridge Mews Canvas Cardero Citti Epic at West Eton Evelyn Granville at 70th Kerrisdale Gardens Livingstone House MC2 Monarch Oak + Park One, The

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

CONTACT

604-689-8535 604-620-2018 avenueone.ca burrardplace.ca 604-689-8535 604-783-1044 604-781-4303 mirabelbymarcon.com bold.ca 604-682-8107 604-568-8283 604-568-7888 604-893-8958 604-438-5050 604-871-4189 604-563-6777 604-330-8848 liveatthegem.com grandviewcascades.com 604-620-7886 604-688-5566 604-830-3938 604-879-8830 604-436-1100 604-328-9940 604-563-6200 604-303-8838 604-719-1700

604-891-1288 604-828-3998 604-563-8336 cressey.ca 604-620-8600 604-239-2080 604-345-9000 604-738-0001 604-418-6809 604.891.1281 604-685-5778 604-876-9222 604-808-3058 604-875-8508 604-568-5888 604-880-6880 604-707-9378 604-221-8598 604-922-0330 604-687-2298 604-559-9848 604-998-8988 604-638-9998 604-568-6883 604-558-5851 604-874-8368 Live Work (LW)

PRICE

PROJECT

TYPE

Parc 26

MR/TH

604 336 6380

Call

Parc Elise

MR/TH

604-336-6380

Call

35 Park West

LR

604-563-8336

Call

Pinnacle Living at False Creek

MR

604-874-8368

Call

Pinnacle Living Broadway

MR

604-739-2080

Call

Primrose

TH

PrimroseVancouver.com Coming Soon

Prodigy

MR

604-221-8878

From high $300s

Q16

TH

604-263-8090

Call

Shannon Wall Centre

LR

604.267.8882

Call

Shaughnessy Residences

TH

604-558-5848

Call

Sota

HR

604-671-1025

From 2.5 million

The Leveson

TH

604-88-3012

Call

The Spot

MR

604-568-6886

From $269,900

The Ivy

LR

604-566-5888

Call

Call Call Coming Soon Coming Soon Call Call Call Coming Soon Coming Soon Call Starting at $399,900 Call Call Call Coming Soon Coming Soon Call Coming Soon Coming Soon Call Coming Soon From $259,900 Call Call Call Call From $219,900 From $420,900

High Rise (HR)

PRICE

The Creek/Navio

HR

604-681-8282

Call

The Grey

MR

thegreyliving.com

Coming Soon

The Regent

TH

604-273-1313

Call

Tisdale

TH

778-846-5990

Call

Tudor House

TH

778-939-9280

Call

MR/TH

604-739-2080

Call

TH

yukonresidences.ca

Call

Galleries on the Bay

LR

604-836-7355

From $490,000

Kerrisdale by Cressey

LR

cressey.com

Coming Soon

778-265-3464

From $324,900

W10th & Maple Yukon Residences WEST VANCOUVER

VICTORIA Black & White

MR/PH

WHITE ROCK / SOUTH SURREY

Call Call Call Coming Soon From $528,800 From $429,900 Call Call Call Call From $367,400 Call Call Call Call Call Call Call Call Call From $540,900 From $639,900 Call From $444,900 Call Call

City Home (CH)

CONTACT

Mid Rise (MR)

Beachborough

TH

beachborough.ca

Coming Soon

The Crossings

TH

604-542-2883

Call

Dawson Creek

TH

dawsonsawyer.ca

Call

Edgewood Gate

SF

foxridgehomesbc.com Call

Evolve at the Hamptons

TH

EssenceLiving.com/Evolve Coming Soon

Grandview Heights

TH

discovergrandviewheights.com

Hudson

TH

604-542-7088

Hycroft 2

TH

605-541-2495

Call

Kitchner

RH

604-538-8895

Call

Miramar Village

HR

604-542-8882

Coming Soon

Old School

TH

www.dawsonsawyer.ca Call foxridgehomesbc.com Now Preselling

Call

Pacific Heights

SF

Plateau at Grandview Heights

SF

foxridgehomesbc.com Call

Prescott Commons

LR

604-541-8092

Quinn

TH

SoHo

TH

604-560-0272

Call

South Point Walk

TH

604-560-3238

Call

South Ridge Club

TH

604-582-1113

From $420’s

Switch

TH

604-581-8080

Call

Westpointe

SF

604-833-9193

Call

Westside at Orchard Grove

SF

604-372-0383

Call

Zirkon

TH

604-298-3000

Call

Low Rise (LR)

From $499,900 Coming Soon

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

Real Estate Intelligent.

MLA Canada is the most comprehensive real estate service provider in Canada. Partnering with residential developers, MLA Canada offers an unmatched level of expertise in advisory services, market intelligence, project marketing, sales, customer care, and administration.

mlacanada.com 74 YPNEXTHOME.CA

INTRODUCING A VERY LIMITED COLLECTION OF 23 LUXURY TOWNHOMES

EXPERIENCE LUXURY PARKSIDE LIVING WITH THIS EXCLUSIVE COLLECTION OF AIR CONDITIONED TWO TO THREE BEDROOM TOWNHOMES WITH THE BEST FINISHES AVAILABLE. Open layouts, large windows and expansive balconies overlooking an unobstructed panoramic view of a twelve-acre natural park • Spacious designer interiors with spa-inspired baths and ensuites • Chef-inspired kitchens with top-of-the-line stainless steel appliances. • Mere steps from Loblaws City Market and Ironwood Plaza & Coppersmith Mall • Designed in consultation with Feng Shui Master, Sherman Tai • Plenty of parks and schools within walking distance • Easy access via Highway 99 to Vancouver, YVR Airport, Tsawwassen Mills and the U.S. border.

COMING SOON

TO THE ONLY URBAN VILLAGE OF ITS KIND IN SOUTH RICHMOND.

REGISTER NOW / TOWNLINE.CA 604 271 3331 Sales by MLA Canada Realty. Marketing by MAC Marketing. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E.

COMING SOON

THE FINAL COLLECTION O F C O N C R ETE H O M E S I N T R O D U C I N G

Well-appointed one to three bedroom air conditioned homes • Open layouts with large windows overlooking an unobstructed panoramic view of a twelve-acre park • Spacious designer interiors with spa-inspired baths and ensuites • Chef-inspired kitchens with top-ofthe-line stainless steel appliances • Mere steps from Loblaws City Market, Ironwood Plaza and Coppersmith Mall • Designed in consultation with Feng Shui Master, Sherman Tai • Plenty of parks and schools within walking distance • Easy access via Highway 99 to Vancouver, YVR Airport, BC Ferries, Tsawwassen Mills and the U.S. border • This is luxury living by the park.

REGISTER TODAY | TOWNLINE.CA 604 271 3331

Sales by MLA Canada Realty. Marketing by MAC Marketing. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E.

Grand Opening Saturday, May 27th from 12 – 5pm

Walden, Langley’s most-anticipated boutique parkside address, is almost here and early preview appointments are available. Spacious 3 and 4-bedroom townhomes range from 1,178 – 1,710 sq.ft.

Contemporary open-concept interiors and modern features add ease and enjoyment to daily family life.

P R I C E S S TA R T I N G F R O M T H E U P P E R $ 4 0 0 , 0 0 0 ’ S

TRA

NS C

ANA

DA H WY

208 ST

204 ST

200 ST

84 AVE

Early Previewing Available 604.561.0889 / LIVEATWALDEN.CA P RESEN TAT ION C EN T R E: 2 0 4 5 1 - 84 TH AV E N U E , L A N G L E Y

Sales and Marketing by MLA Canada Realty. This is not an offering for sale. Any such offerings may only be made with a disclosure statement. E.&O.E.

Property Profile | WALDEN

Boutique parkside living Spacious three- and four-bedroom townhomes in Langley’s Northwest Yorkson neighbourhood WALDEN, A BOUTIQUE COLLECTION of

45 parkside townhomes, is revealing to Langley’s burgeoning Northwest Yorkson neighbourhood. This highly anticipated community by Woodbridge Northwest features three- and four-bedroom homes nestled along Yorkson Creek in a desirable residential area close to Willoughby Town Centre and Walnut Grove. “Walden offers everything growing families need – a peaceful atmosphere with convenience to urban amenities and proximity to schools, parks and recreation,” says Kevin Johnston of Woodbridge Northwest.

The craftsman-inspired collection delivers modern sophistication and timeless charm, combining traditional architecture and contemporary details for an elevated aesthetic that seamlessly integrates within the growing community.

Inspired interiors with open-concept layouts range from 1,178 to 1,710 sq. ft., adding ease and enjoyment to daily family life. “Residents will get to choose from two contemporary colour schemes curated by Vancouver interior design firm, I.D. Lab, to tailor their space and suit their personal style,” says Johnston.

Those with a penchant for cooking and entertaining will delight in the spacious kitchens featuring large centre islands

and modern stainless steel appliances, including a slide-in gas range, Frenchdoor style refrigerator and statement chimney-style hood fan. Well-appointed bathrooms are tailored for daily relaxation, and elegant ensuites showcase striking frameless glass shower enclosures, and his and her double vanities.

Residents can relax and unwind in private yards and communal spaces that beckon you outdoors. Walden’s landscaped courtyard features a large gas barbecue, harvest table and trellis, and a children’s play area for play dates, creating a family-friendly atmosphere.

Walden offers the perfect mix of tranquility and convenience. Willoughby Town Centre and Walnut Grove serve your daily shopping needs, and down the street you’ll find a wide selection of restaurants and notable eateries, cafes and shops. Families will benefit from close proximity to schools like Willoughby Elementary and Yorkson Creek Middle School, as well as nearby parks and recreation centres, including Yorkson Creek Park and Langley Events Centre.

“Homeowners will enjoy easy access to Hwy. 1 and transit hubs. With Carvolth Exchange only a five- to 10-minute walk, Walden’s location is unbeatable, offering

Location

Northwest Yorkson, Langley Builder

Woodbridge Northwest Development

Walden Home Type

3 & 4-bedroom townhomes Sales Centre

20451-84 Ave., Langley, BC Contact

604.561.0889, info@LiveAtWalden.ca, or LiveAtWalden.ca exceptional connectivity throughout the Lower Mainland and Fraser Valley,” says Johnston.

Walden is now offering early previewing opportunities in advance of the public Grand Opening on Saturday, May 27.

Register as a Walden VIP Insider for exclusive details on this highly anticipated new community at LiveAtWalden.ca. Contact the sales team by visiting the Walden presentation centre and display home at 20451-84th Ave., Langley, call 604.561.0889 or email info@LiveAtWalden.ca.

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

BELPARKLIVING.COM 604 891 1281

PRESENTATION CENTRE AT OAKRIDGE MALL, 41ST AVE & CAMBIE ST. (ENTRANCE OFF OF 41ST) OPEN DAILY NOON – 6PM EXCEPT FRIDAYS

Centre $1,997,900 Homes starting from

Oakridge Presentation

133 ACRES OF GREENSPACE AT YOUR DOORSTEP