JULY 22 - AUG 5, 2016 VOLUME 1, ISSUE 15, FREE
METRO VANCOUVER EDITION
A RICH HERITAGE OF EDUCATION AT UBC INSIDE THIS ISSUE
OVERVIEW OF OUR EXCITING YEAR SO FAR
LIVING AND LEARNING AT BEAUTIFUL UBC
CLEAR SPACES MAKE BLISSFUL PLACES
2 + 3 BEDROOMS AVAILABLE!
COMING SOON 2, 3 + 4 BEDROOMS
OVER 75% SOLD! MOVE IN TODAY!
TOWNHOMES
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2855 156th Street 778-545-8737 theheightsliving.ca
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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
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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.
6 YPNEXTHOME.CA
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 7
G IN LL SE W O N
A VANCOUVER EXCLUSIVE NAVÍO emerges at The Creek, Vancouver’s most desirable new waterfront community. Overlooking a 2.7-acre park on False Creek’s celebrated Seawall, these two boutique buildings offer spacious homes with open floorplans, sophisticated finishes and dramatic balconies sized for entertaining, NAVÍO is the envy of Vancouver.
False Creek’s largest selection of Parkside Homes over 900 square feet
PRESENTATION CENTRE
1551 Quebec Street Open Daily Noon-6pm, Except Fridays 604.681.8282 Registered trademarks of Concert Properties Ltd., used under license.
8 YPNEXTHOME.CA
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THE BOARDWALK
Intelligent living BY ZENTERRA DEVELOPMENTS
ZEN
Intelligent living BY ZENTERRA DEVELOPMENTS
Intelligent living BY ZENTERRA DEVELOPMENTS
contents JULY 22 - AUGUST 5, 2016 | VOLUME 1 ISSUE 15
20
ON THE COVER
Eton
Polygon’s spacious parkside homes at UBC
project profiles
+ online NEIGHBOURHOOD
HOME SEARCH
28 McKinnon
Come home to Kerrisdale
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
MAPS
The life you’ve dreamed about in South Surrey
advice
WITH
DYNAMIC
60 South on 16th
LOOK FOR THE CIRCLE
22 Condo Sense
An overview of this exciting year so far — and what to expect in the fall by Cameron McNeill
26 Investment Advice
How to recession-proof your condo investment by Andrew la Fleur
34 Mind Over Mortgage What do I need to know before I buy a home? by Alisa Aragon
46 Finances
12 steps to organizing your finances by Gail Vaz-Oxlade (continued on page 14)
LAST CHANCE Only 4 Homes Remain
+ plus
(continued from page 12)
When you’re here, you’ve arrived.
50 Money Matters
PRESIDENT, YELLOW PAGES NEXTHOME
How co-signing for a loan can affect your financial future
SPECIAL INSERT
by Gail Vaz-Oxlade
54 On the Move
Cardero
SENIOR SALES MANAGER, WESTERN CANADA
Life in iconic Coal Harbour: close to culture and nature
56 Queen of Green
Buying an eco-friendly rug
Window treatments can add life to your décor by Yanic Simard
Organizing
The psychology of mess
62 Stylish Storage
Clever tricks to attractively store your stuff
by Hellen Buttigeig
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Taxing Issues
by Michael Cochrane
Selling an investment property
trending
Condo Pro
43 What’s Online
by Barbara Lawlor
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CONTRIBUTING EDITORS
Wayne Karl Elisa Krovblit Lydia McNutt (on leave) STAFF WRITERS
Susan M Boyce Janine Mackie Yanic Simard
What’s going down online at ypnexthome.ca
neighbourhood
Megan Pike
DESIGN EDITOR
by Henry Choo Chong
How to de-clutter before you move into a condo
EDITOR
ART DIRECTOR
58 World of Windows
by Bob de Wit
70
Edwin Rizarri Stephanie MacDonald
by Lindsey Coulter
Clear your home of clutter for a clear mind
Susan Legge Moe Lalani
604.568.5888 bosaproperties.com
by Chuck Resnick
Builders’ Advice
EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
DIRECTOR OF SALES, NATIONAL
Taking inventory before you move
68
Jacqueline Hill
MEDIA CONSULTANTS
Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103
REBGV report
Things cool down slightly in June
SALES COORDINATOR
Justin Salvador
UBC
Live and learn in UBC’s beautiful residential community
buyers’ resource section
78
inspiration
40 Your home workspace ingenious furniture for a functional home office
Hot Properties
58
Find out what’s new and hot in Metro Vancouver’s real estate marketplace by Susan M Boyce
80 Listings Directory
by Stephanie MacDonald
PRODUCTION MANAGER
Helen Pearce GRAPHIC DESIGNER
Miguel Cea PRODUCTION CO-ORDINATOR
Dennis Ng Published by
in every issue
+ plus
16
Editor’s Note
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View the most beautiful new homes in Metro Vancouver
14 YPNEXTHOME.CA
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Copyright covers the contents of this publication and prevents reproduction in whole or in part: offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The views and data expressed by columnists do not necessarily represent those of the publication.
Editors’ Notes
NORTH VANCOUVER
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/north-vancouver
Find your new ‘hood with us We realize there are different ways to search out that next home. That’s why we’ve made it our priority to make that home easier for you to find. While price and size are always a big part of the equation, location will likely affect you most. Whether you want to be closer to work, important amenities or the city — or farther from it — the challenge is to find a home search tool that will provide all those answers. That’s precisely why we’ve developed maps with extensive neighbourhood data on YPNextHome.ca. These maps make it easy to find not
just a home but also see what is in the area, with stats about the community and its residents. YPNextHome.ca offers neighbourhood profiles, as well as guided tours by our team of experts — all connected to the maps, so that there’s no secondary search. We’ve made it easy for you to familiarize yourself with a community and get valuable insights, from hot spots to proximity to the city centre. We hope you find this experience helpful. Let us know, we’d love to hear from you!
Check out the West End this summer
STEPHANIE MACDONALD Editor, Yellow Pages NextHome Email: Stephanie.MacDonald@ypnexthome.ca Twitter: @stephmacYP
+ get social 16 YPNEXTHOME.CA
If you haven’t had the pleasure of an afternoon walk through Vancouver’s lovely and verdant West End recently, it should definitely be on your summer to-do list. Purchased in 1862 for $550, The West End has been shaped by city planners from the very beginning. From the original elegant mansions and Victorian family homes, to the sturdy three-storey, wood-framed apartment buildings to the residential condos and towers of the 1960s and 1970s, there are examples of every era of Vancouver’s history preserved here, along with lush gardens, parks and pretty tree-lined streets.
The West End has been in a static period of development for a couple of decades now, but the current city planning team has realized that as Vancouver grows and evolves, so must the West End. How this is to be accomplished is the source of much debate. Is an inclusive, sustainable, responsible and practical plan for the West End possible? Certainly not everyone is going to agree on the way forward, but we can only hope that there’s a way to provide more homes for residents while preserving the historic, cultural and openhearted community values that make this such a special place.
Interact with us on social media: ypnexthome
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NEW CONDOS: 1. ARC 88 Pacific Blvd. 604-899-8800
2. 1555 WEST EIGHTH 1555 W 8th 604-828-3998 1555w8.com
4. AVALON MEWS 5808 Wales 604-438-5050
5. JERVIS Sales Centre 1295 Davie Street 604-998-8989
6. TATE DOWNTOWN 1265 Howe St 604-568-8283
18 YPNEXTHOME.CA
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
12. R+R 3202 Riverwalk Avenue, 604-434-2205
14. EPIC AT WEST False Creek Village 604-707-9378
15. ETON 5696 Berton Avenue, 604-221-8598
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NEW HOMES: 14. ASTON Oak and 38th 604-418-6809
15. THE REGENT AT KING EDWARD STATION 523 W. King Edward Ave 604-273-1313
16. OAK + PARK 604-558-5851
17. GRAYSON 26th and Cambie 604-558-1907
18. SHAUGHNESSY RESIDENCES 8123 Shaughnessy Street 604 558 5848
19. MAISONETTE SW corner of Granville & 57th marcon.ca/maisonette
20. MCKINNON West Boulevard & 48th Ave. mckinnonbycressey.com
21. 7430-7488 GRANVILLE www.intracorp.ca/townhomes/c/granville59th/ 604-891-1288
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A RICH HERITAGE OF EDUCATION Introducing ETON by Polygon — a collection of one, two and three bedroom parkside residences in the heart of The University of British Columbia’s Wesbrook Village.
SALES OFFICE 5696 Berton Avenue, Vancouver Open Noon to 6 pm Daily (except Friday) 604.221.8598 eton@polyhomes.com
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 19
Property Profile | ETON
cover story
ETON Parkside living in Vancouver’s desirable UBC neighbourhood POLYGON’S NEWEST LAUNCH in the Vancouver real estate market — Eton, offers a sought-after West Coast lifestyle that has homebuyers heading to Wesbrook Village on UBC’s Campus. “It feels like its own city, but within easy reach of beaches, downtown and the mountains,” said Wendy Lei, Sales Manager for Eton. “You can go from exploring a rainforest trail in Pacific Spirit Regional Park, to relaxing on Jericho Beach, to enjoying a concert at the Chan Centre — all in one day.” 20 YPNEXTHOME.CA
A collection of spacious one-, two- and three-bedroom residences Now selling from its presentation centre on Berton Ave, Eton includes a varied selection of 272 homes, including seven four-bedroom cityhomes, 72 apartments in its low-rise building and 193 one-, two- and three-bedroom suites in the concrete tower. Whether downsizing from a home on the West Side or seeking a quiet lifestyle rich with the amenities of living at UBC, Eton offers great
convenience for the whole family. “They’re drawn to the school catchment, wanting to send their children to Norma Rose Elementary or U-Hill Secondary, one of the highest ranked public schools,” said Lei. “It’s also very close to well respected private schools and new preschools too.” A complete neighbourhood in every sense, with the new Wesbrook Community Centre a few blocks away — an impressive 30,000 square-foot facility with a fitness centre, beautiful gymnasium, rooms to practise dance and music and lots of activities ranging from Zumba lessons to cooking classes. Francl Architecture, the same firm lauded for the community centre, designed Eton — inspired by a West Coast aesthetic and the natural forest
environment steps from Michael Smith Park. Its grand entry is heralded by an impressive water feature and lush landscaping.
Modern finishes, premium appliances and spa-style ensuites
Location
Vancouver Builder
Polygon Eton Homes Ltd. Development
Eton Home Type
Cityhomes and Apartments Sales Centre
5696 Berton Avenue Contact
604-221-8598
Inside, homebuyers can anticipate “Polygon’s very high standards for finishes,” said Lei. “Modern interiors have an extra level of comfort with air conditioning, low-e glazed windows framing views of the Strait of Georgia or Pacific Spirit Park in some homes, and generous private decks to enjoy a glass of wine.” An open floor plan provides space for comfortable seating for many different activities – from watching television to chatting with friends in the gourmet kitchen. So much more than a place to cook, this is sure to be the hub of the home with its sleek engineered stone countertops and full-height marble tile backsplash. The kitchen boasts custom natural wood cabinetry with polished chrome pulls and even a dual roll-out recycling bin station and USB electrical outlet. Driven by function, each home is equipped with premium appliances including a five-burner cooktop, electric wall oven with microwave, counterdepth refrigerator and a dishwasher fully integrated with the beautiful cabinetry. Bathrooms have been carefully considered with polished chrome faucets, modern vanities with plenty of accent lighting, modern under-mounted wash basins and spa-inspired ensuites in the master bedroom complete with marble floor tile and frameless glass rain showers. Discover a community where higher learning and sophisticated living is in harmony with nature and city life. The Eton sales office and display home is located at 5696 Berton Ave. in Vancouver, open daily (except Fridays) from noon to 6 p.m. For more information visit the website at polyhomes.com or call 604-221-8598. JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 21
Advice | CONDO SENSE
2016 Mid-Year Market Review By Cameron McNeill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
WITH RUMORS OF THE REAL ESTATE
market taking a down turn recently, let’s take a look at what has happened so far in Greater Vancouver as we reach the yearly half way mark. Although many predicted the market would soften in 2016 that has not been the case. Since the start of 2016, sales activity and prices have increased significantly, staying strong and continuing to set a new precedent. Global and Domestic Trends: The global economy continues to positively affect local real estate markets in Vancouver. The weaker Canadian dollar has made the high price of real estate still relatively affordable in foreign currency compared to other world-class cities. Despite many pressures on the Canadian economy, BC continues to be a safe place for foreign and domestic money. Historically low interest rates have also positively stimulated sales in British Columbia helping many first-time home buyers and investors take part in the housing market. This increased demand coupled with the limited supply has caused our market to be one of the most talked about investment opportunities in the world leading to price escalation. 22 YPNEXTHOME.CA
Demographic and Population Trends: British Columbia’s population increased substantially over 2015 with the instability of the oil and gas sector in Alberta as people looked west for job opportunities. With inter-provincial and international migration into BC expected to continue to rise year after year, stronger demand will only become more prevalent across
Metro Vancouver and in other areas around British Columbia. Specifically, by 2025, it is expected that Metro Vancouver’s total population will rise by 400,000 people to 2.9 million residents. Supply and Demand: Vancouver continues to be in great demand as a place to live and invest in
with all the positive externalities affecting the real estate market. The geographic orientation of Vancouver and the limited amount of land coupled with tight city regulations is restricting the supply of homes. Housing starts are minimal at this time driving up local prices and it is anticipated that this sellers’ market will continue throughout the rest of 2016. As single-family home demand remains extremely high, apartments and townhome continue to be a more viable option, increasing demand and putting pressure on prices. This demand has impacted municipalities throughout the lower mainland, not just Metro Vancouver, and is expected to continue. Although the market has started to normalize with fewer sales in the month of June down slightly from the peak in March, prices have still increased slightly due to this limited supply.
Notable statistics from the Real Estate Board of Greater Vancouver from the month of June 2016: » Sales-to-listings ratio was at 56.3%. If this ratio is above 20%, prices experience upward pressure » Sales were 28.1% above the 10-year average for the highest selling June on record » Benchmark Price for single detached home in Vancouver West: $3,547,300 (up 36.7% from last June) » Benchmark Price for apartment in Vancouver West: $696,200 (up 31.8% from last June) » Benchmark Price for townhouse in Vancouver West: $1,092,900 (up 35.6% from last June) In summary, we continue to see an extremely strong real estate market in the lower mainland throughout all
regions. Prices have been driven up across all markets and will continue although the rate of the increase should ease which is good news for the market. “The best place to live” therefore will continue to be one of the safest and most desired places in the world to invest in.
For more information on the significant economic factors and market trends, please contact our Advisory Team at www.macmarketingsolutions.com/ advisoryEndFragment
Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Email him at cm@macmarketingsolutions.com or follow him on Twitter @mac_marketing JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 23
CONNECTED. INDEPENDENT. SUSTAINABLE. WATERFRONT LIFESTYLE.
THE VILLAGE, IN FALSE CREEK NOW SELLING! VISIT THE SALES CENTRE TODAY! REGISTER FOR EXCLUSIVE UPDATES
FINAL RELEASE OF DEVELOPER HOLD BACK UNITS
EpicAtWest.com T: 604.707.9378 Sales Centre: 121 W. 2nd Avenue Open Daily: 10am - 5pm IN THE HOTTEST NEW WATERFRONT COMMUNITY IN VANCOUVER Contemporary Lifestyle Designs 1 Bedrooms, 1+Den, 2 & 3 Bedrooms
LIVING LUXURY:
FINAL PHASE 3 - DON'T MISS OUT! LAST CHANCE TO LIVE, OWN OR INVEST IN EPIC AT WEST. ABSOLUTE BEST LOCATION & VALUE IN FALSE CREEK VILLAGE, VANCOUVER
This is not an offering for sale. Any such offerings must be made by Disclosure Statement. E.&O.E.
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No matter what life throws your way, our BCAA Home Insurance team will be there to help. Get a quote today on our home insurance and get a $20 gift card from a BCAA partner to spend on hotels, restaurants or gas. Limited time offer.
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Insurance is sold through BCAA Insurance Agency and underwritten by BCAA Insurance Corporation. Some conditions apply. Offer is valid in store or by phone and applies to new BCAA policies only. To be eligible you must be purchasing home insurance for the first time, or your current home policy with another insurance provider must expire within 90 days. Minimum premium of $250 and other restrictions may apply. Offer expires August 31, 2016. Subject to change without notice and available while quantities last. *BCAA received the highest numerical score in the West in the J.D. Power 2012-2016 Canadian Home Insurance Satisfaction Study. 2016 study based on 7,438 total responses from 14 providers in the region measuring experiences and perceptions of customers, surveyed March- April 2016. Your experiences may vary. Visit jdpower.com. 24 YPNEXTHOME.CA 195-16_HomeInsuranceAds_Award_7.25x4.375_NewHomeCondo - Copy.indd 1
15/07/2016 4:07:30 PM
A Timeless Westside Address 3 BEDROOM & DEN TOWNHOMES
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Now Selling. Call for appointment. ALABASTERHOMES.CA
604 558 5851
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 .
Advice | INVESTOR INSIGHTS
From contract to condo: How to recession proof your condo investment
By Andrew la Fleur
MORE ADVICE ONLINE ypnexthome.ca/news/advice
INVESTING IN A PRE-CONSTRUCTION
condo is not without risk. You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you are paying for it today. A lot can happen in those three to five years while your condo is being built. Here are two tips to help ensure your investment is a successful one. » 1 | Always buy below market value Your goal should always be to buy something that will increase in value, 26 YPNEXTHOME.CA
and the best way to do that is to buy something that is priced below the current market value of a similar resale property. For example, if a one-bedroom across the street in a brand new completed building sells at $300,000, and you can buy a similar one-bedroom in a pre-construction condo at $285,000, then you are well insulated from any market fluctuations over the next few years and you are positioned to have a property that is worth more when completed than when you bought it before pre-construction start. » 2 | Always buy cash-flow positive Investing in real estate is not a get rich quick scheme, but it is how most of the world’s wealthiest people have earned their fortunes. The best real estate investors always buy for the long term. I always encourage my clients to take the long-view approach when buying pre-construction and to plan on renting
their unit out for at least one year (preferably more) after the completion of the building. Flipping before project completion (assignment) is a highly risky strategy and should be considered only as a back-up plan. With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash flow with the standard 20 to 25 per cent down payment. If at the current valuation and given current market rates for rents, you cannot reasonably expect to cover all your expenses, then stay away! If you do your home work before buying by following these two tips you will be in great shape for years to come.
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com.
A Limited Selection of 2 & 3 Level Townhomes Remain Starting from $1,588,800 Visit Our Sales Centre Today 688 SW Marine Drive Open Noon – 5PM, Closed Fridays
604.325.8111
marcon.ca/maisonette
Copyright © 2016 Marcon W 57 (GP) Ltd. All Rights Reserved.
When you’re here, you’ve arrived.
604.568.5888 bosaproperties.com
Property Profile | CARDERO
Cardero by Bosa Properties Iconic Coal Harbour Location
Coal Harbour Builder
Bosa Properties Development
Cardero Home Type
Highrise Sales Centre
Coming Soon Contact
604.568.5888 or bosaproperties.com/cardero
COMING SOON TO ONE of Vancouver’s most exclusive urban neighbourhoods,
Cardero by Bosa Properties is poised to become the new Coal Harbour icon. Designed by award-winning architect Gregory Henriquez, this boutique collection of just 119 highrise residences will boast an innovative, dramatic architectural style befitting its location at the intersection of Cardero, Georgia, and Pender Streets — the gateway to downtown and Coal Harbour. “The façade has a unique, sculptured look that responds to the distinctive character of this neighbourhood and changes depending on the seasons and time of day,” explains Daryl Simpson, Bosa Properties’ senior vice president. Perhaps most intriguing is a series of angular sunshades that appear to float horizontally across the south and west façades — almost as if they were birds soaring effortlessly past the windows. More than an eye-catching feature, these shades also enhance privacy and reduce solar gain during the heat of summer. So they’re not only beautiful to look at, they’re environmentally savvy too.
The façade has a unique, sculptured look that responds to the distinctive character of this neighbourhood and changes depending on the seasons and time of day. —Daryl Simpson Interior Sophistication Inside, Cardero homes redefine luxurious living. Here are just a few hints: solid hardwood flooring, extensive use of natural materials, and kitchens designed with contemporary matte black Dornbracht faucets, Miele induction cooktops, plus state-of-theart retractable downdraft venting and integrated spice racks to maximize functionality while retaining a clean, modern aesthetic. The bespoke kitchens resulted from three different design excursions to Northern Italy, where Bosa met with craftsmen and designers in order to source the one-of-a-kind finishings. “So much of what you’ll see here was created specifically for Cardero.” Then there are the views Cardero owners will enjoy. Burrard Inlet, Stanley
Park, the North Shore Mountains and even English Bay from some of the upper suites. Just pick the direction you’d prefer to see every day. Daryl notes there will also be three distinctive home types within the tower: the Tower Collection featuring thoughtfully designed one- and twobedroom homes, the Coal Harbour Collection of spacious two- and threebedroom homes starting at 1,100 square feet, and finally the exclusive collection of Estate Homes — penthouse and sub-penthouse residences ranging from 1,200 to over 2,500 square feet of pure luxury. Translation: there will be a plan to satisfy the most discerning homebuyer.
Celebrate the Best of Vancouver When it comes to location, Cardero puts you in the heart of Vancouver’s most
treasured urban and natural amenities. In minutes you can be cycling or strolling the Seawall to Stanley Park or the downtown business and shopping districts via Jack Poole Plaza. Restaurants and galleries can be found in every direction, and if you need to make a quick trip to Victoria, Harbour Air is just five minutes by foot. No wonder Coal Harbour is known for being one of the City’s most walkable neighbourhoods. Of course, you might just choose to stay home and savour the delights of the sixth-floor podium amenities space. Here’s where you’ll find a stateof-the-art fitness centre, indoor and outdoor cooking and dining areas, a barbeque deck plus an outdoor ambiance that invites simply relaxing and lingering over conversation with friends. Cardero will be located at the corner of Cardero and Georgia Streets in downtown Vancouver. Presentation centre coming this summer, so be sure you register today for the latest information as soon as it’s available. For more information visit bosaproperties.com/cardero or call 604.568.5888.
Picture life in Coal Harbour, Downtown Vancouver’s most iconic neighbourhood— steps from the legendary seawall, moments from Stanley Park. Out of this extraordinary setting rises Cardero by Bosa Properties: a limited collection of 119 bespoke luxury residences, raising the bar for architecture and innovation in Canada.
AVAILABLE THIS SUMMER
604.568.5888 bosaproperties.com This is not an offering for sale. Cardero is developed by Bosa Properties (Cardero) Inc. Renderings, sketches, layouts and finishes are representational only. E&OE.
Property Profile | MCKINNON
McKinnon Continuing the Legacy of Cressey’s Kerrisdale Collection KERRISDALE, IT’S ONE OF VANCOUVER’S
most cherished neighbourhoods and a place people just keep coming back to. There’s an ambiance here, a sense of understated elegance and style. It’s also where you’ll find McKinnon, 40 exquisite apartment homes that continue the legacy of Cressey’s Kerrisdale Collection.
One of a Kind Homes According to Julian Kendall, Cressey’s development manager, McKinnon’s location in the heart of this historic neighbourhood is just one of the things that make these homes unique. “We’ve focused on creating spacious suites — 1,500 square feet on average and some as large as 2,400 with three-bedrooms, a den and office — so they’re a perfect solution for downsizers who want to stay in the area after selling their single-family house.” Outdoor spaces are lavish, private and drenched in sunshine. “Our upper-floor, private rooftop terraces were hugely popular at both Sterling and Arbutus Ridge and something no one else is doing in Kerrisdale,” Julian says. New at McKinnon, he adds are the built-in barbeques that are standard with every west-facing second level home in 28 YPNEXTHOME.CA
addition to the built-in outdoor kitchens that are standard on every rooftop terrace. Clearly Cressey has thought of everything when it comes to outdoor living and entertaining.
Getting Better Every Time “Based on feedback we received from buyers at Sterling and Arbutus Ridge, we’ve also taken all the features people loved, and refined them even further,” Julian notes. The results are, in a word, incredible. Naturally, there’s the famous CresseyKitchen™ with a few new twists like sophisticated, quartz countertops that create a dramatic, visual counterpoint to the marble backsplashes. “And let’s face it, you just can’t go wrong with Wolf and Sub-Zero kitchen appliances,” Julian says. “So at McKinnon we ramped it up yet another notch with an optional, built-in Wolf espresso machine — I’ve tried one out myself and they’re amazing.” Master ensuites are showstoppers. Completely finished in marble — floor, shower surround, even the walls — these tranquil retreat would be right at home in any five-star hotel. Free-standing soaker
Location
Kerrisdale Builder
Cressey Development
McKinnon Home Type
Lowrise Contact
604.428.8858 or info@mckinnonbycressey.com
tubs, showers with recessed accessories ledge and under cabinet mood lighting, his’n’hers medicine cabinets – the list goes on. McKinnon will be located at 48th Avenue and West Boulevard in Kerrisdale. The presentation centre and 1,405 square foot, two-bedroom and den display home are open by appointment only with sales starting late July. To book your private viewing before sales begin, call 604.428.8858, email info@ mckinnonbycressey.com, or register online at McKinnonByCressey.com.
Neighbourhood Profile | UBC
The beauty and vitality of campus life has diverse appeal
Living at Beautiful UBC IT’S A TYPICAL DAY IN UTOWN@UBC. A woman pushes her stroller and stops to meet friends at The Boulevard Coffee Roasting Co. A student waits for the bus, while a runner rushes past him heading to Jugo Juice for a vitamin rich smoothie. This is a neighbourhood expressing itself as one that is growing up and offering everything an urbanite wants and needs. As a full time student at the University of B.C., 32-year-old Lyndsay couldn’t have asked for a better community in which to raise her four-year-old son. The young mom wanted to live somewhere safe, near parks and more importantly close enough to her home to avoid long commutes after a long day in class. Lyndsay found that and so much more at UTown@UBC.
“I love living here because it feels like living in a small town within a city,” says the busy student. “There is so much greenery with so many parks; you get the best of both worlds, being surrounded by forest but being only minutes from downtown. In addition, it’s a family-oriented community with lots to do.” After dinner, mom and son often ride their bikes to the park to catch tadpoles from the pond or ride on a trail through Pacific Spirit Park, or just sit on their patio while her son plays in the courtyard with all the kids. The vision for UTown@UBC began many years ago, when in 1908, the Minister of Education envisioned “a small city... capable of being made one of the most interesting and JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 29
beautiful in the world.” Over a century later, it has become reality with UBC’s stunning transformation from commuter campus to complete, sustainable and walkable campus community. The university’s commitment to exploring and exemplifying the three pillars of sustainability —social, economic and environmental — is what drives future growth here. UTown@ UBC incorporates innovative green building techniques, promoting community-building amongst residents and contributing financially to the UBC Endowment. UTown@UBC is a collection of eight neighbourhoods, each with their own distinct character, offering a mix of housing options, restaurants, shops and boutiques. Located within the University Endowment Lands, its total land base is 14.13 square kilometers, which about half is made up of Pacific Spirit Regional Park. 30 YPNEXTHOME.CA
Wesbrook Village is just a short walk from the heart of the academic campus in the South Campus. From world-famous Chef Hung Taiwanese Noodles, to treat shop Menchie’s Frozen Yogurt to the Daily Catch Seafood Company and more – there are lots of great new places to eat, shop, and interact. Over the last few decades, UTown@UBC has grown from sleepy outpost to a thriving community. Tyler and Carmen Cameron, both in their late 20s, moved here in 2005 into campus residence. As a med student, Carmen wanted to be close to school. Today, with two young children and as a second year pediatric resident, the couple moved out of residence into a rented home. Although living here isn’t cheap – they pay a little over $2000 a month - both love the idea of living next to Pacific Spirit Park’s wooded trails and the Old Barn Community Centre, while also being able to reach downtown Vancouver in 30 minutes.
The couple also likes the fact that they are walking distance to the Wesbrook Village where they can get groceries, pick up prescriptions, get their bikes fixed and even sign up for piano lessons. For resident Chris Mahoney, proprietor of the local trendy watering hole, Mahony & Sons Public House, living close to his work is icing on the cake. The father of three says simply “it’s gorgeous here.” “It’s safe, close to downtown and there are lots of parks and athletic facilities we can use as a family,” adds Mahoney. His favourite hangouts are the Beaty Biodiversity Museum and the Chan Centre for the Performing Arts, where he and his wife have season’s tickets. “I feel like we are in a selfcontained neighbourhood where everything you ever want is right here.”
With the opening of 1,200 new student and resident units, the population making UBC home is expected to surpass the 19,000-mark – roughly half the target set by the university. It is home to students, staff, faculty and other residents. In addition, the Vancouver School Board expanded the new University Hill Secondary, dubbed U-Hill, to a new, larger building in Westbrook. (Since 1995 U-Hill has ranked as the Number 1 public high school in the province and the only one to receive a 10.0 mark from the Fraser Institute). As well, a new elementary school opens this September – effectively tripling its K-8 and doubling the high school spaces on campus. Blessed with incredible vistas, beaches (it is home to the popular clothing-optional Wreck Beach) and parks, and access to world-class recreational and cultural facilities, its no wonder people are flocking here to live, work and play.
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 31
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Richmond | Delta | Ladner | Tsawwassen VANCOUVER INTERNATIONAL AIRPORT (YVR)
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FINN RD
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ST
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TSAW WAS S E N GOLF CLU B
RICHMOND NEW CONDOS:
G RAU E R PAR K
No 5 Rd. and Steveston Hwy. 604-271-3331
5111 Hollybridge Way 604-233-2633
A3. ELLE
Y WA AC H
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9399 Alexandra Rd Suite 101 604-278-5809
A12. KINGSLEY ESTATES 10388 No. 2 Road 604-821-1384 BU
8311 Cambie Road 604-276-9186 R
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A11. ALEXANDRA COURT
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Display Home 6160 London Rd. Steveston 604-274-7326
9055 Dayton Ave 604-518-8396
A9. RIVER PARK PLACE
A5. ALFA
Oval Village riverparkplaceliving.ca
A6. ORCHID
47TH A AVE
Buswell St & Aneron Rd 604-276-2532 No.3 and Lansdowne orchidbybeedie.ca
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48TH AVE
B1. TSAWWASSEN SHORES
W RD
604-943-6677
ARTH
U R DR
WWW.THEAGENCYREM.COM 41ST B ST
PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600
INFO@THEAGENCYREM.COM
53RD ST
@THEAGENCYREM
28TH AVE 32 YPNEXTHOME.CA
6TH ST
ENGLISH BLUFF RD
SOUTH DE LTA PAR K
No. 2 Rd. and London Rd. 604-274-7326
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6511 Buswell St ellerichmond.com
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/THEAGENCYREM
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
Advice | MIND OVER MORTGAGE
What are you getting yourself into? The most commonly asked questions when buying a house
By Alisa Aragon
MORE ADVICE ONLINE ypnexthome.ca/news/advice
What’s the best rate I can get? Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you appear as a borrower, the higher your rate will be. Rate is definitely not the most important aspect of a mortgage, however, as many rockbottom rates often come from no frills mortgage products. In other words, even if you qualify for the lowest rate, you often have to give up other things such as pre-payments, portability privileges and at times the highest penalties if you pay off your mortgage earlier. That why it is critical that you focus on the best mortgage with the best terms and rates. If not, it can end up costing you thousands more in the long run. What’s the maximum mortgage amount for which I can qualify? To determine the amount for which you will qualify, there are two calculations you will need to complete. The first is your Gross Debt Service (GDS) ratio. GDS looks at your proposed new housing costs (mortgage payments, taxes, heating costs and strata/condo fees, if applicable). Generally speaking, this amount should be no more than 35 per cent – 39 per cent of your gross monthly income. For example, if your gross monthly income is $4,000, you should not be spending more than $1,560 in monthly housing expenses. Second, you will need to calculate your Total Debt Service (TDS) ratio. The TDS ratio 34 YPNEXTHOME.CA
measures your total debt obligations (including housing costs, loans, car payments and credit card bills). Generally speaking, your TDS ratio should be no more than 42 per cent – 44 per cent of your gross monthly income. The GDS and TDS will depend on your credit. Keep in mind that these numbers are prescribed maximums and that you should strive for lower ratios for a more affordable lifestyle. Before falling in love with a potential new home, you may want to get pre-qualified by a Mortgage Expert. This will help you stay within your price range and spend your time looking at homes you can reasonably afford. How much money do I need for a down payment? The minimum down payment required
is five per cent of the purchase price of the home when you are an employee and at least ten per cent down payment when you are self-employed. This is with properties that are priced less than $1 million. Properties over this price you will require at least 20 per cent down payment. What happens if I don’t have the full down payment amount? There are programs available that enable you to use other forms of down payment, such as from your RRSPs, or a gift from a parent, child or siblings. Also, you can borrow the down payment from a line of credit, loan or credit cards. However, in order to qualify you still have to be within the TDS ratios as mentioned above.
mortgage with predictable payments over a specific period of time. If, however, your financial situation can handle the fluctuations of a variable rate mortgage, this may save you some money over the long run. What credit score do I need to qualify? Generally speaking, you are a good candidate for a mortgage if your credit score is 650 and above. The higher you score the better, as you will have more options and advantages. These days almost anyone can obtain a mortgage, but the key for those with lower credit scores their options will be more limited and interest rates could be higher. However, don’t worry consult a Mortgage Expert to see how they can help you in obtaining a mortgage. What happens if my credit score isn’t great? There are several things you can do to boost your credit fairly quickly. Following are five steps you can use to help attain a speedy credit score boost:
What will a lender look at when qualifying me for a mortgage? Most lenders look at five factors when determining whether you qualify for a mortgage: 1. Income 2. Debts 3. Employment History 4. Credit history 5. Value and marketability of the property you wish to purchase. Should I go with a fixed or variable rate mortgage? The answer to this question depends on your personal risk tolerance. If, for instance, you are a first-time homebuyer and/or you have a set budget that you can comfortably spend on your mortgage, it’s smart to lock into a fixed
» 1. Pay down credit cards. The number one way to increase your credit score is to pay down your credit cards so they are below 50% of your limits. » 2. Limit the use of credit cards. Racking up a large amount and then paying it off in monthly installments can hurt your credit score. If there is a balance at the end of the month, this affects your score. » 3. Check credit limits. If your lender is slower at reporting monthly transactions, this can have a significant impact on how other lenders view your file. » 4. Keep old cards. Older credit is better credit. If you stop using older credit cards, the issuers may stop updating your accounts. Use these cards
periodically and then pay them off. » 5. Don’t let mistakes build up. Always dispute any mistakes or situations that may harm your score. If, for instance, a cell phone bill is incorrect and the company will not amend it, you can dispute this by making the credit bureau aware of the situation. How much will I have to pay for closing costs? As a general rule of thumb, it’s recommended that you put aside at least 1.5 per cent of the purchase price (in addition to the down payment) strictly to cover closing costs. You must have this amount but it doesn’t mean you are going to spend it. The following are some of the closing costs: » Legal costs » Property tax adjustments » Strata/condo fee adjustments » Cost to register property in land title office, etc. How much will my mortgage payments be? Monthly mortgage payments vary based on several factors, including: the size of your mortgage; whether you’re paying mortgage default insurance; your mortgage amortization; your interest rate; and your frequency of making mortgage payments. To get more details about these and other questions, talk to a Mortgage Expert and we will be able to analyze your personal situation and provide you with more information so you can make an informed decision on buying your home. Alisa Aragon is a Mortgage Expert who develops short & long term strategies that are customized for each client. Her strategies include the best mortgage with the most favourable terms and rates to suit your needs. DLC Mountain View. www.YMSG.ca or aaragon@dominionlending.ca JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 35
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.
2 RIVER GREEN
Presentation Centre Open Daily 12pm-5pm 5111 Hollybridge Way, Richmond V7C 0A3
604.233.2633
www.rivergreen.com
MAX COLLECTION
BEDROOMS
3BR + Den
INDOOR LIVING
1,850 SF
~ 4BR + Den ~
3,500 SF
OUTDOOR LIVING
Up to 2,600 SF
PARKING
Up to 3 car Private Garage
( 1,240 SF )
CEDAR DR
Pitt Meadows | Maple Ridge
DOMINION AVE
224TH ST
DEWDNEY TRUNK RD
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M EADOW GARDENS GOLF COURSE
224TH ST
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NEW HOMES:
1. FALCON HOUSE
2. MONTGOMERY ACRES
Presentation Center 12011 224th Street 604-477-1500
SEARCH ONLINE ypnexthome.ca
38 YPNEXTHOME.CA
24405 112 Ave 604-477-2959
3.
MAPLE HEIGHTS
Open Daily 12-5 (except Fridays) 104–11305 240th Street 604-380-1215
JAC KS O
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ghe
Lou
240TH ST
DR MACLU RE
CONTINUING THE LEGACY OF CRESSEY’S KERRISDALE COLLECTION 40 spacious concrete homes featuring one of the largest, most functional CresseyKitchens™ ever built, expansive private outdoor patios, and living spaces designed to entertain.
COMING SOON T O 4 8 T H & W E S T B O U L E VA R D BOOK YOUR PRIVATE PREVIEW APPOINTMENT NOW
604.428.8858
McKinnonByCressey.com
This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E.
W NG O N LI L E S
Inspiration
HOME OFFICE CHIC Your home office can be a stylish part of your living space by Stephanie MacDonald
AS MORE AND MORE people trade the
45-minute commute for the morning shuffle from bed to kitchen to computer, a home office is no longer a luxury – it’s a necessity! Even if you don’t have a whole room to spare, with these sleek new home office solutions, you won’t want to hide your workspace behind closed doors anymore. Visitors and clients alike will be so dazzled by your fabulous décor, they won’t even notice your professional attire now consists of yoga clothes and bunny slippers. All of these desks have integrated cord management, and are all available within an easy walk on Granville street.
1
1. Romano Seville Chair Bayside Furniture $1,155
2
3
Office Chairs
4
2. Sofia Office Chair Industrial Revolution $495 3. Altanova Swivel Chair Bayside Furniture $1,495 4. Kaja Office Chair Industrial Revolution $275
40 YPNEXTHOME.CA
5. Huppe Outline desk Bayside Furniture $1,695 6. Modern Desk west elm $719 7. Format Desk Industrial Revolution $1,776 8. Glass Cross-Base Desk west elm $479
Desks
5
9. Mid-Century Desk west elm $719
9 7
6
8
10
Credenzas & Filing
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10. Format Credenza Industrial Revolution $2,048 11. Verbios Mika Buffet Bayside Furniture $2,455
SOURCES
Bayside Furniture 1456 West 8th Avenue (at Granville) baysidefurniture.com
Lamps
12
12. Koncept Z-bar Desk Lamp Industrial Revolution $298
Industrial Revolution 2306 Granville Street Vancouver, BC industrialrevolution.net
13. Mosso Pro Desk Lamp Industrial Revolution $398
West Elm 2947 Granville Street Vancouver, BC westelm.com
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JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 41
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2102 - 963 Charland Ave 604-492-3388
A3. UPTOWN2 bosaproperties.com 604-939-2677
A4. EVERGREEN 3007 Dlen Drive 604-942-2672
A6. THE LLOYD 3096 Windsor Gate 604-942-8416
PORT COQUITLAM A7. LOUGHEED HEIGHTS Presentation Centre 581 Clarke Road (at Como Lake Ave) Open daily noon to 5pm 604-939-2677
NEW HOMES: A8. CRISTALLO HOMES 828 Gauthier Ave. 604-939-6816
A9. NELSON ON FOSTER North Road & Foster Ave. 604.998.8998
NEW HOMES: B2. FREMONT INDIGO 2332 Ranger Lane 604-552-0319
HARRIS RD
COQUITLAM A2. CHARLAND
DEWDNEY TR
HAMMOND RD PITT MEADOWS AIRPORT
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123RD AVE
GOLDEN EARS BRIDGE
207TH ST
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What’s Online
Trending now The latest real estate news from across Canada
Having Pride in the neighbourhood READ THE STORY ONLINE ypnexthome.ca/neighbourhood-pride
Canada’s most expensive real estate TAKE THE QUIZ ONLINE ypnexthome.ca/expensive-homes
High design on a budget READ THE STORY ONLINE ypnexthome.ca/design-budget
Affordability worsens in Vancouver and Toronto, says RBC
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Visit our website: JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 43
Burnaby | New Westminster BARNET MARINE PARK
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Lougheed & Beta 604-435-1383
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7350 Kingsway 604-533-3033
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8999 Cornerstone Mews. 604-298-9965
ON
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Presentation Centre 659 Columbia Street Open Daily 12-5pm 604-522-2583
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6579 Marlborough Avenue 604-439-8852
A5. BROOKMERE Presentation Centre #150 - 3555 North Road
A7. STATION SQUARE 4670 Assemble Way stationsquare.ca
A8. CROWN Presentation Centre #104 - 552 Clarke Rd 604-939-8868
203 – 20 E Royal Ave. 604.523.0733
B5. THE PENINSULA
ST
Port Royal 604-544-2258
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AY TW
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Hastings St. & Madison Ave. 604-294-9919
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1305 Cariboo Coming Soon 260 Salter St 778-398-1344
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B2. PORTAGE PORT ROYAL
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DEER LAKE
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BURNABY LAKE REGIONAL PARK
AD AW AY
OAKL AN
7385 Edmonds Ave @ Fulton Ave 604-528-6935
NEW WESTMINSTER
A16
DEER LAKE PARK
A15. IVORY MEWS
AUSTIN AVE
CA N
A7 A4
CENTRAL PARK
SPROTT ST
N CA
49TH AVE
A15
PATTERSON AVE
BOUNDARY RD
BCIT
LOUGHEED MALL
Lougheed Hwy
NEW HOMES:
Presentation Centre 150A - 3355 North Rd 604-379-2191
A10. THE PEAK 8955 University High Street 604-559-5795
A11. MILANO 4247 Lougheed Hwy. 604-294-8989
A12. GOLD HOUSE 6377 McKay Ave goldhouseliving.com
B6. ELLIOT Elliot Street 604-662-8009
censorio.com
Advice | MONEY MATTERS
12 steps to financial organization By Gail Vaz-Oxlade
MORE ADVICE ONLINE ypnexthome.ca/news/advice
SET UP
1. Gather all your paperwork. Create a file folder for each of the following: » Chequing accounts » Savings accounts » Retirement accounts » Investment accounts » Credit card accounts » Loans » Personal lines of credit » Mortgage » Insurance: life, disability, health, critical illness, home, car » Tax returns » Estate: wills and powers of attorney 2. Welcome to 21st century banking If you don’t already have it, set up telephone or internet banking for your accounts.
“Establish an automatic savings deposit every month and your nest egg will accumulate faster than you think”
3. Reduce fees by setting up a buffer If you can afford it, transfer $1,000 float to your chequing account (pretend it isn’t there) and use that to minimize your banking costs.
5. Create a monthly bill summary List your bills in the date order they need to be paid to prevent you from missing a bill. If you have bills that are paid automatically from your account, write an “A” beside these bills and remember to deduct them from your spending journal at bill payment time each month.
4. Save automatically Create an auto-debit from your chequing account to a savings account that will not be touched. Most people won’t put money into a savings account on a regular basis, opting to wait for a tax-refund or bonus before setting aside some money for the future. Establish an automatic savings deposit every month and your nest egg will accumulate faster than you think.
6. Set up your “in-baskets” Create an in-basket containing two folders for your bills. Label the first folder “1-15” and the other “16-31.” When a bill comes in, look at the due date and file the bill in the appropriate folder. Recycle all the marketing materials in the envelope. Create a second inbasket with three folders labelled “bank statements,” “bills paid” and “tax receipts.”
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WEEKLY
7. Make a date with your money On the 12th and 28th of each month, set aside the time in your schedule — you’ll need about 30 minutes — to pay your bills. Always pay your bills in one place that is equipped with your bill paying system, spending journal, envelopes, stamps, pens, pencils, a calculator, tape, a stapler and return address labels and recycling bin. When you pay a bill, write the cheque or transaction number, amount paid, and the date you paid it on the bill. Put the paid bill in your “bills paid” file. Deduct the amount you’ve spent from your spending journal. If a bill has not been paid in full (tax bills are paid over several months, for example) put it back in your bills folder so you don’t forget it.
“When you pay a bill, write the cheque or transaction number, amount paid, and the date you paid it on the bill” MONTHLY
8. Reconcile your bank statements When your bank statements come in, put them in your in-box folder. Make a date when all your statements are in (it’ll depend on when you receive them) to: » Review your statements to make sure there are no mistakes. » Reconcile your spending register; clearly mark the cheques that have been returned to you and highlight the ones in your spending register that haven’t yet cleared the bank. A cheque that is taking a long time clearing the bank can lull you into thinking you have more money than you do. Go back at least a month to
make sure all previous cheques have cleared. » Talk about anything unusual. QUARTERLY
9. File Once a quarter, file all your paperwork to keep your system current. 10. Talk Have dinner with your business partner and talk about the bumps, your goals and how you’re doing. ANNUALLY
11. Re-vamp your budget Review your budget using last year’s
credit card statements and bank statements to see what you actually spent. If you spent more on a particular category, make sure you know why, or look for ways to cut back. 12. Clean up Go through your files at the end of each year and throw out bills and receipts no longer needed for auditing/ budgeting purposes.
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade. JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 47
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East Abbotsford 604.746.OAKS (6257) 2031 McCallum Road 604.855.8116
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2180 Gladwin Road 778.255.9990
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45761 Stevenson Road 604.703.9292
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48 YPNEXTHOME.CA
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% 65 ! LD SO
Artist’s Rendering - Mahogany Plan B-2
VANCOUVER LUXURY. ABBOTSFORD PRICES. FROM THE HIGH $200’S
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. Presentation Centre is open daily (except Fridays) from 12 - 5 pm 2180 Gladwin Road, Abbotsford
Artist’s Rendering - Mahogany at Mill Lake
LIVINGMAHOGANY.COM 778.255.9990
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.
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 49
Advice | MONEY MATTERS
Good reasons why you should not co-sign By Gail Vaz-Oxlade
PEOPLE HAVE GOOD HEARTS. And people often feel they should do something to help friends and family when the going gets tough. Hey, I’m all for offering help when it’s needed. But you should consider any financial help you offer as a gift, since loans often cause huge problems when it comes to repayment time. Here’s a letter I received recently:
50 YPNEXTHOME.CA
Gail, I need some help. I don’t know what to do. My sister-in-law and brother-in-law are constantly in a mess financially. They have young kids, and both my husband and I love those children. We don’t want to see them lose their home. But I also am very afraid of how our help could hurt us. My sister-in-law has asked us to co-sign a consolidation loan to help them out of the mess they have made. She’s a rampant shopper. He can’t manage to make his business work. My husband wants to do it, but I’m afraid that if we do this it might get in the way when we go to buy a home next year. Am I just being selfish? –D
MORE ADVICE ONLINE ypnexthome.ca/news/advice
D, you are not being selfish. Wanting to stay solvent so you can make your own dreams come true is not a selfish act. It’s a sensible act. And while your heart may go out to your family, particularly the kids, who is to say that another loan is actually going to solve the problem? What have your sisterin-law and brother-in-law done to demonstrate they’re serious about their debt problems? If their solution is simply to get a consolidation loan, that’s not enough. Here are more reasons why you should think twice about co-signing for their consolidation loan: People who need a co-signer can’t qualify on their own because the lender believes they will default. I have heard of the odd positive co-signing experience like a young adult with no credit history
whose parents sign on because they know their kid is a stand-up person who would sooner die than stick them with debt. But I’ve heard five times as many negative stories: parents who have been stuck with their children’s irresponsible behaviour; family who watch as the primary signer goes bankrupt leaving them holding the loan. If a body can’t qualify for a loan on its own merits, you have to wonder if you’re actually doing that body a favour by adding more weight to their debt load. Co-signed debt is 100 per cent your debt. A lot of people don’t seem to realize this, I’m not sure why since it is clearly stated in all the loan paperwork. But here it is in black and white: If the primary borrower drops dead or defaults on the loan, you are 100 per cent responsible for repaying any loans you may have co-signed. It doesn’t matter
that you didn’t get the money. It doesn’t matter that the primary borrower swore you were off the hook. The reason you’re co-signing is to guarantee repayment, and if the lender can’t get blood from one stone, it’ll come looking for your stones. Co-signed debt is factored into calculations that determine whether you’ll get approved for any kind of borrowing, including a mortgage. That’s right. Since you’re on the hook for that $27,000 loan you co-signed for, that’s $27,000 less you can borrow for your own purposes. Again, people seem not to realize that there is a limit to how much lenders will let you take on. Perhaps it’s because lenders have been so lax with this particular rule that folks think credit is unlimited. Well, the credit bucket is not bottomless. Taking on the responsibility of co-signing could mean your ability to borrow for your own goals is thwarted. So how do you say no to family or friends who see you as financially stable and a good resource for solving their problems? Try this… Tonya, both Paul and I would love to help, but right now we’re just not in a position to do so financially. We would be happy to sit down with you and Tony to talk about ways you could clean up the financial mess you’re in. And we’d be happy to help in other ways, like taking the kids when you guys are working extra hard to get that debt paid off. But we can’t co-sign right now. What else can we do to help you? If Tonya and Tony stomp out in a huff because all they want is your signature, you can count your blessings. It would only be a matter of time before that cosigned loan came between you anyway. At least now you’re not also on the hook financially.
Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever and blogs daily at gailvazoxlade.com.
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 51
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SOUTH SURREY / WHITE ROCK NEW CONDOS: CANADA 1. HEIGHTS CONDOS 2855 156th Street, Surrey 778.545.8737 UNITED STATES OF
NEW HOMES: 3. DAWSON + SAWYER OLD SCHOOL 15268 28 Ave
4. THE CROSSING
10. SOHO
288 171 St. 604-542-2883
Grandview Heights 778-945-2050
5. HYDE PARK AMERICA
Presentation Centre #30 - 2411 - 160th St 15811-28th Ave 604-506-1852
6. HYCROFT 2
16th Avenue and 160th Street 604-720-7478
11. ZIRKON Presensation Centre 2528 156th Street 778 885 5790
12. PRESCOTT COMMONS
16467 - 24th Ave. 604-541-2495
15168- 33rd Avenue 604-541-8092
8. SOUTH RIDGE CLUB Moutain View Dr 604-582-1113
14. SOUTH ON 16TH
13. ESTATES AT SOUTHWOOD 168 & 22 Avenue 604-648-8065
Over 75% Sold! Move In Today!
2855 156 Street, Surrey I Open Daily 12-5 (except Friday) (or any time by appointment) I www.theheightsliving.ca I 778-545-8737 52 YPNEXTHOME.CA
8TH AVE
$4 FR 89 O ,9 M 00 *
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HWY #15
9 #9
67 Spacious 2, 3, and 4 bedroom townhomes in South Surrey’s Douglas neighbourhood. Located on a tranquil country road and backing onto natural park land, The Crossing has been designed to be a respite from the busy world around it. With numerous walking trails nearby and safe residential streets, The Crossing harkens back to a time when kids played freely, and parents were free from worry.
4 AVE
CANADA UNITED STATES
GREENBELT HOMES JUST RELEASED
Presentation Centre 288 171 Street, Surrey
604.542.2883
Open daily 12 to 5 pm Closed Tuesdays
gramercy.ca/thecrossing *Prices exclude tax and are subject to change with availability. In our continuing effort to improve and maintain the high standard of The Crossing development, the developer reserves the right to modify or change specifications, features and prices without notice. Renderings are an artist’s conception and are intended as a general reference only. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd.
171 ST
SOMETIMES YOU CAN JUDGE A BOOK BY ITS COVER.
Advice | MAKE YOUR MOVE
Moving inventory By Gail Shields & Karen Shinn
MORE ADVICE ONLINE ypnexthome.ca/news/advice
MOVING IS STRESSFUL, whether you’re moving for the first time or the 15th; across town or across the globe. Organization is half the battle to a successful, stress-free move. Keeping an inventory of your movables is an important – although seemingly daunting – task. But it’ll help everything go more smoothly. Apart from keeping track of what’s being moved, an inventory can also help you decide what type of insurance you’ll need to purchase, and in the event of accidental damage, this list will also expedite any insurance claims resulting from your move. Follow these easy steps:
» 1 | Work room by room, and list all of your large items. Don’t forget to check 54 YPNEXTHOME.CA
the cupboards, closets, shelves and storage spaces. » 2 | Include in your list the serial numbers of appliances and electronics, as well as any other details you can remember about the purchase date and price. Categorize your clothing and jewelry too. » 3 | Attach receipts, appraisals and purchase contracts to your inventory list. If you’re keeping an electronic list on your computer, it’s a good idea to scan your receipts and save photos of each of your items, and file them with your list for easy access. » 4 | Cameras and recorders are a quick
and easy way to list all your items as you go through them, and it’ll take half the time. Transcribe your list when it’s completed to keep in your permanent records. » 5 | Keep your inventory list in a safe place. Store your list, any video tapes and recordings off premises. Consider giving them to a trusted friend, or put them in your safety deposit box. Let your family know where it is so it will be readily available if it is ever needed!
Downsizing Diva is a company that helps families deal with downsizing and moving. For more information visit the Web site at downsizingdiva.com or call Gail Shields and Karen Shinn at 1.866.836.6999.
Advice | QUEEN OF GREEN
Green from the Ground Up Don’t sweep your concerns under the rug when looking for floor coverings Lindsay Coulter
MORE ADVICE ONLINE ypnexthome.ca/news/advice
SOURCING A “GREEN” PRODUCT for a small purchase like a rug might not seem like a big deal, but we spend about 90 per cent of our time indoors. The materials and chemical treatments that go into making many consumer products affect our indoor air quality. When it comes to floor coverings, kids are especially at risk because that’s where they spend a lot of time. 56 YPNEXTHOME.CA
Choose carpets or rugs made from natural fibres like wool. Avoid chemical treatments. Carpets, for example, are sometimes treated with formaldehyde, something Health Canada suggests you reduce or eliminate from home use as much as possible. You probably don’t realize that formaldehyde is also found in air fresheners, nail polish, bed sheets, kitchen cabinets, furniture — you get the idea. Because it emits fumes, most of the cancer research on formaldehyde focuses on risks from inhalation. Avoid Stainmaster. It’s a perfluorochemical or PFC, widely-used as a water, grease, and stain repellent in carpets and clothes. PFCs pollute our water, are persistent in the environment, and can remain in the human body for years.
You can also look for a Greenguard certified rug. The Greenguard Environmental Institute certifies products and materials that have low chemical emissions. There are fifteen categories to choose from, such as building materials, furniture, and paint. Design a healthy space; check out their Product Guide to source everything from countertops to adhesives. 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.
SOUTH SURREY/WHITE ROCK
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 57
Inspiration | DESIGNER ADVICE
&REVEAL
CONCEAL By Yanic Simard
LIVING HIGH IN THE SKY, one of the
Drapery
best features of a condominium space is often the spectacular vistas from multiple floor-to-ceiling windows. However, when nighttime comes (or when you don’t want anyone to have a view in from outside), how do you dress your windows while still keeping that sleek, condo-chic appeal? There are actually numerous options for filtering, obscuring or exposing the outside world, working with windows of any size. Here are some tips to finding the style that suits your views.
» Timelessly elegant, condo drapery generally works best when kept simple. If possible, drape full walls to keep the lines seamless (even if there are areas of solid wall that don’t technically need covering), using a simple straight pleat on a straight track or rod. Mount the track at the ceiling, and go for an invisible hospital-style track rather than a decorative rod to let the fabric — or the view — speak for itself. » Clean white sheers are a great option for filtering light (and the view inside) without completely erasing the windows. Many spaces use just sheers, although a more opaque layer can be added over top on a separate track to give you coverage options. Keep in mind that your building will likely have regulations concerning what treatments can face outdoors. A sheer lining layer can help keep your windows “white to the street.” » To keep a modern and open look, use a material in a hue that blends into your wall colour. For a more lively accent that feels sleek and contemporary, try colour-
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blocking. This can be easily achieved by adding a band of contrasting material to the bottom of ready-made curtains (if you’re a skilled sewer) or made by a seamstress. Ask a fabric supplier if they have solid-colour offcuts to find this small accent of fabric for a minimal investment.
Shades + Shutters » In-window shades are another popular option for condo windows, as they give a simple architectural look when pulled closed and can virtually disappear when open. Like drapery, these can be layered (with darker shades or lighter drapery) to allow for light-filtering sheers during the day and opaque screens at night. » For an architectural approach with a masculine edge, look to inspirations like the Germain family of hotels: their sleek interior shutters are finished in the same wood that dresses the built-in wardrobes and desks for a very clean and consistent (but rich and warm) look. » Shutters also look beautiful layered under sheer drapery or behind rolldown shades, for a transitional mix of hard and soft, a detail I appreciated at Le Germain Montreal. For an all-inone option, try a product like Benjamin Moore’s Pirouette shades, which use shutter-like opaque panels bonded to an outer layer of sheer shades. » When choosing shutters, stick to quality wood, metal or durable synthetic options — inexpensive shades can quickly become dented or nicked, showing wear and tear early. » During my recent stay at the stunning Modern Honolulu, Hawaii, I loved the louvered door treatments on the balcony doors. Echo your shutters on the doors to create the feeling of a tropical getaway even when they’re shut (and even if you’re far from the water).
Glass treatments » For a more temporary solution at a lower investment, or in spaces where a wide open view will never be desirable (such as in washrooms or where facing a neighbouring tower), consider press-on window film. When applied per the manufacturer’s instructions, these “frosting” panels can give a clean and neat look to smaller windows while permanently filtering the view — at least until you choose to peel them off! » For large windows, consider using panels to create a pattern rather than trying to perfectly connect the edges — the seams will likely show. Leaving a band of open window at eye level will give you a peak outside without really allowing a view in. » Similarly, there are now multiple options on the market for glass frosting sprays that create a removable coating rather than permanently etching the surface. They may take more effort to scrape off in the future but they can fill any-sized area you tape off.
Inventive Options: » In the lobby of the Shangri-La Hotel Vancouver I noted their use of a large folding screen to carve out a more private space without completely obscuring the window behind. Some light can still filter in this way without giving much for prying eyes to look at. Try using a traditionally detailed screen (especially an antique) with modern furnishings for an eclectic mood. » If you don’t need total privacy but just don’t want to feel like you’re living in a fishbowl, a few tall plants will make a lush backdrop to a seating group or low media unit, giving your space an extra sense of life while breaking up the sightline. » In a client’s bathroom, I added a screen on a swing-out arm to cover a small window. You could also use a framed art piece or a mirror. » Don’t be afraid to back furniture against a window! A large bookcase style media unit, with space for the television, books, art and storage boxes will create a focal point for a seating group, and avoid glare and reflections on the TV that might occur if it were placed opposite the window instead.
Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 59
Property Profile | SOUTH ON 16TH
Live the life you’ve dreamed at
South on 16th THIS SUMMER, THE ULTIMATE SMART home arrives
Location
South Surrey Builder
Mortise Group Home Type
Townhomes Sales Centre
15885 16th Avenue Contact
southon16.com or 604-724-4943
60 YPNEXTHOME.CA
in South Surrey. With one touch of the iPad, homeowners can dim the lights, stream music or even turn on the AC. This tech-minded feature is just the beginning of what Mortise Group is offering discerning homebuyers at South on 16th, now selling from the low $600,000s. “We’ve upped our game with quality construction and features,” says Arsh Bains, sales manager at South on 16th. “We know South Surrey has high standards and we feel confident we’re offering homes far superior to anything else on the market.” Their strategy — to consider what people like most in a house and tailor it to the lifestyle of a townhome, is proving to be a success. Prospective buyers can now tour the furnished showhome — a 1,775 square-foot plan complete with three bedrooms and a den. Bains leads the way through the double car garage — finished with a glossy epoxy finish. “I think the guys can imagine their man cave here and there’s plenty of room for two cars, and bicycles too.” The ground-floor den lets buyers dream big. Add a TV media room? Home office? How about a quiet
study space away from the main living area or even a fourth bedroom? Up cosy carpeted stairs and the main floor awaits — a perfect blend of practical necessities like a powder room showcasing modern porcelain tile plus a floating toilet and an open concept living room and kitchen that’s welcoming to friends and family. Choose from two designer colour schemes coordinated with quartz countertops, contemporary cabinets and engineered hardwood floors. Jenn-Air appliances known for their sophisticated styling, innovative technology and exceptional performance are the perfect complement to the beautiful kitchen. With a stainless steel wall oven, gas cook top and French door refrigerator your cooking and entertaining will soar to impressive new levels! Upstairs you’ll discover three spacious bedrooms including the master retreat with its well-appointed ensuite complete with frameless glass shower. Every inch was well considered, even the laundry closet functions effortlessly with double side-by-side machines and a thoughtful granite top folding table. Just five minutes drive to the beach and shops, walking distance to school and hospital and easy highway access. Giving back to this great community is a priority to Mortise Group who sponsors the Peace Arch Hospital Gala and contributes $1,000 from each home sale to the Peace Arch Hospital Foundation. Now open for viewing, Wednesday through Sunday at 15885 - 16th Avenue. For more information call Arsh Bains at 604-724-4943 or online at southon16.com
SOUTH SURREY/WHITE ROCK
NOW SELLI NG!
22 Exclusive Smart Townhomes Conveniently located within minutes of the beach, upscale shopping, fine dining, community amenities and schools
Mortise Group of Companies
3 & 4 Bedroom Townhomes Stunning Finishings and appliances Show Home NOW OPEN: Wed. - Sun. 12 - 5pm 15885 16 Ave., South Surrey I 604.720.7478 I www.southon16.com
FROM THE LOW
600’s
$
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 61
Feature | SMART SPACES
Make some space Hidden storage solutions to open up your home By Michael Cochrane
Occam Open Source 3
WE ARE ALL A LITTLE LIKE GOLDFISH.
We grow proportionally to the space available to us. The more room we have, the more things we seem to accumulate. While easier to manage when living in a detached home, those of us residing in smaller condos and apartments need to be a bit more creative when it comes to storage management. 550 square feet of living space is the norm in new build, onebedroom residences, and significantly less than that when we start talking about studios. With that in mind, it’s no surprise that a major chunk of the urban population nowadays is begging for functional storage alternatives for their homes. Fortunately, there are numerous designers and retailers out there who have begun tackling the issue of space limitations, offering innovative, designsavvy solutions to “fishbowl” living. Linens, pillows, and blankets are without a doubt one of the biggest storage hassles for individuals living in apartments with limited closet space. Most of us have our summer bedding, and our winter bedding, the latter being much bigger space hogs. So what are our solutions? Vacuum seal everything
Headboard Storage Source 1
62 YPNEXTHOME.CA
Occam Closed Source 3
any time we have a warm or cold spell? Monopolize what little closet space is already available? Neither! Designers and DIY’ers have begun coming up with some solutions to bedroom cache woes. Headboard storage is one of those ideas that each of us wishes we had come up with ourselves! The idea itself is simple, elegant, and very logical. A little bit of
Headboard Storage Source 2
height and an extra 10 to 14 inches of bed length, and we now have room for decorative pillows, extra sheets and blankets and most importantly, no extra weight on precious closet space. Lounge and den space is another biggie for any of us living in a smaller condo. These tend to be rooms which support the least built-in storage, leaving it up to the buyer or renter to select furnishings to make up for such deficiencies. Coffee tables seem to be a logical solution, but for the longest time it has been a question of how this could be done in a stylish and efficient way. ExpandFurniture.com has addressed this problem with its Occam lift top coffee table. Those who know it love its hidden storage potential, while couch diners and craft hounds alike take full advantage of
its adjustable-height surfaces. Another addition to functional lounge and den space is in the area of shelving innovations. Germany’s Yi-Cong Lu has put his own spin on expanding storage with an astute “Growing Cabinets” concept. A deceptively simple design, this unit actually grows wider to suit the needs of its owner. With track mounting on each level, the shelving slides outwards
Growing Cabinet Source 4
Growing Cabinet Expanded Source 4
Ludovico Cabinet Source 5
on a horizontal plain resulting in a piece of furniture that nearly doubles in size of storage capacity as needed, while at the same time trimming down to a minimalistic four level shelving unit when cinching up on space becomes necessary. When it comes to hungry space consumers, offices and work stations top the list. It’s one thing to find room for a cabinet that stores files and paperwork, it’s another matter altogether when trying allocate the space necessary for a permanent desk or dedicated office. The crew at ExpandFurniture.com wanted to address this by teaming up with an award winning South American
Ludovico Cabinet, Opened Source 5
industrial designer who specializes in the production of fully contained, easily movable work stations and office storage. `The Ludovico” with integrated table, chairs, and cabinetry ponies up as much work space, storage, and seating as would be necessary in any casual home office. Pair that with their “Nalia” Optimized Office series and you would be hard pressed to find a need for any more storage or table space. So what about those who still don’t have the room for a collapsible or integrated work station? Fret not! There is hope for even the smallest nook so long as you can spare a conservative amount of wall space. RYOBI’s DIY
Nalia: Optimized Office Series Source 6
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 63
Murphy Desk” found at Shanty2Chic. com) is a miniature office alternative without the need for anything more than a couple of light wall mounts. Championing the ultimate hidden office, or even a convenient hide away kitchen buddy for storing spices, utensils, or dry goods, chances are, even those with
Clug Source 8
external storage for our precious two wheelers. Functional storage makes our day to day lives easier, less cluttered, and when done properly it can open up space we never knew we had. Professionals and amateurs alike are currently working to design even better solutions to manage the contracting spaces we call home. While the examples above represent just a taste of what manufacturers and retailers are cooking up, there is no doubt that what’s to come in the next few years will be no less exciting. No matter the size of our living spaces, we all want to be able to personalise our own fishbowls and with strategic storage choices we might just find the ability to stretch out little bit more.
Sources Murphy Desk, Closed Source 7
1. tinyhousepins.com/headboard-storageidea-for-small-spaces
Murphy Desk, Opened Source 7
space to spare could find a use for this clever design. Even when it comes to the needs of athletes, there are designers out there trying to make storage just a little bit easier. Vancouver’s own Hurdler Studios is determined to address the challenges of stashing your bicycle with a simple but inventive utility that will once and for all manage the question of where to hang your spokes! The Clug is a “C shaped” mechanism that easily attaches to the wall and acts as an anchor for any size bicycle tire, mounting the unit vertically or horizontally. Hurdler’s Clug is easy to install and provides a quick solution for those of us in condos that don’t offer
2. refurbished-ideas.com/small-spacestorage-ideas 3. expandfurniture.com/ product/occam-coffee-table-lift-top 4. yiconglu.com/index.php?/project/ growing-cabinet 5. expandfurniture.com 6. expandfurniture.com 7. shanty-2-chic.com/ 2014/08/diy-murphy-desk 8. ryobitools.com/nation/projects/2905 shanty-2-chic.com/2014/08/diy-murphydesk.html 9. getclug.com hurdlerstudios.com
Michael Cochrane is a teacher, freelance writer, and promotions consultant coming from a long background in the furniture industry. He works alongside the close knit team at Expand Furniture, a burgeoning Vancouver based company which specialises at delivering innovative solutions to smaller living spaces. He can be reached by email at: michael@expandfurniture.com
64 YPNEXTHOME.CA
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Advice
Clear spaces equal more relaxing places The “hard-working” rooms that support a clean, minimalistic home By Bob de Wit
MORE ADVICE ONLINE ypnexthome.ca/news/advice
WALKING THROUGH THE PARADE
Renovated of Homes recently, I couldn’t get over the great feeling one gets in a newly renovated, well designed home. You know – the “wow factor” created with clutter free kitchens, open living spaces - minimalistic living. Everything feels so organized, clutter-free and calm. Life must be easier living like this! Or is it? It is one thing to create a minimalistic environment, however maintaining a clutter-free home on a day to day basis is another story. Busy lives, active families, hobbies and pets — how do people keep it all so clean and organized? A good designer will want to work with you to create a home that not only reflects your personal style but also functions to support your lifestyle. Knowing your household inventory and how you live are two important steps in planning any home renovation. » First: embracing a minimalism approach comes with the responsibility of de-cluttering. Yes, it will be your responsibility. You will need to take stock and clear your home of things no longer in use or deemed necessary. Not an easy step but an important one. Trust me. Walk through your house with family members before meeting with your designer and identify the must-haves. You might be surprised to find out your partner is not willing to get rid of a 24 person set of never-used dishes you deem unnecessary. Remember how you 68 YPNEXTHOME.CA
promised the kids a new puppy after the completed renovation? These are all things to consider and negotiate ahead of time! A well-designed home will have a place for everything to effortlessly maintain minimalistic living. Take stock in advance of meeting with your designer/ builder to help you define your living and storage requirements. » Second: In addition to knowing your household inventory and storage requirements, ensuring functionality to support your lifestyle is essential. A busy family with large dogs may benefit from a full walk-in laundry/mudroom with wash tub, whereas an adult-only couple may appreciate using similar space to accommodate a small built-in washer/ dryer with a larger storeroom for excess entertaining furniture and supplies. When speaking with your designer/ renovator, remember to include these “hard-working” rooms – the storage room, mudroom, laundry room, pantry, even the garage. These rooms, often
overlooked in the planning stage for budgetary reasons, are essential in maintaining a minimalistic home. These rooms are where the “behind the scenes” action happens, the function in the minimalistic equation. Including the “hard-working” rooms at the initial planning stage will ensure design continuity and allow for built-in storage requirements to be considered – two added bonuses! A minimal amount of effort and planning up front will reward you with a minimalistic home that lets you live effortlessly. To source a designer/builder see http://www.gvhba.org/find-a-builder
Bob de Wit is the Chief Executive Officer of the Greater Vancouver Homebuilders’ Association (GVHBA: www.gvhba.org). GVHBA is the voice of the residential construction industry in Metro Vancouver, helping consumers buy, build or renovate their homes. Bob has a passion for entrepreneurship and homeownership and brings those interests to his leadership role at GVHBA.
Village Life Arrives at Sunstone North Delta’s Coveted Master Plan Community.
COMING THIS FALL 54 Spacious Residences 35,000 SF of Retail & Services in a Village Setting 70 Quality Rental Apartments Ever since the land was first purchased in the mid-fifties, master developer Delsom Estates had a vision for the property: to create a beautiful, sustainable community offering a walkable lifestyle. Sunstone is almost complete with the village now underway; the last piece to this coveted community. With over 10 km of trails and walking paths, open green space and a fully sustainable lake, the community is more than a home for residents; it offers an exceptional quality of life.
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This is currently not an offering for sale. Such an offering can only be made by way of disclosure statement. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd.
Advice | QUICK TIPS
The psychology of mess Little adjustments reduce the clutter-making process Walk around your home to determine where the clutter hot spots are, then remove the clutter
By Hellen Buttigieg
MORE ADVICE ONLINE ypnexthome.ca/news/advice
ELIMINATE CLUTTER HOT SPOTS. We all have spots in our homes that are magnets for clutter, usually because they provide a convenient, empty flat surface to pile things on. Walk around your home to determine where the clutter hot spots are, then remove the clutter (toss it in a box or laundry basket for now) and put something beautiful in its place, like a vase or a sculpture. If it’s the dining room table, set it as if you were having a dinner party. This will deter you from using it as a drop zone. Keep your pantry De-cluttered Most people can’t resist buying items when they go on sale. But when it comes to food, buying too much and neglecting to use it before the expiry date will cost you more in the long run. It’s easy to forget what you have on hand when things build up. Whether you keep your food in the kitchen cupboards or are lucky enough to have a large pantry, keeping these areas streamlined and organized will save you time, money and frustration. Before going grocery shopping, take inventory of everything you have and plan the meals for the upcoming week with an eye toward incorporating these items. Once you’ve used up the excess, get in the habit of planning your weekly meals in advance. You will avoid over-buying and will always know what’s for dinner.
» Stop papers from piling up Are you wasting your valuable time shuffling through papers? Get into the habit of 70 YPNEXTHOME.CA
» Create an in/out zone Set up a small container for each family member on a table or a small bookcase by the door as a place to hold keys, cell phones and wallets. It can also act as a landing spot for brief-cases and backpacks. In addition to providing a home for those items when you walk in the door, it also gives you a consistent spot to place things you’ll need to take with you when you go out again.
thinking twice before bringing home any piece of paper or printing a page. Ask yourself whether you have a specific use for it, and if you don’t have a clear answer, leave it behind. Be realistic about what you’ll actually have time to read. Paper hoarding is a habit that you can break, and doing so will save you time and energy. » Purchase furniture that does double-duty Consider purchasing a few multi-functional furnishings, like an upholstered ottoman that not only provides a place to put your feet up, but also offers additional seating, doubles as a coffee table and opens up to reveal hidden storage.
» Are you being held hostage by your stuff? If you’re reluctant to get rid of certain items because they were expensive, think about how much it’s costing you to keep them. The more possessions you have, the more time it takes to care for them and the more space it takes to store them. Although it may be difficult to let go of things that no longer serve you, the payoff is well worth it: you’ll have more free time in your day and be more relaxed in your home. » Feeling stuck If you find yourself backsliding when it comes to maintaining your organizing systems, don’t berate yourself, as this will sap your energy and prevent you from doing anything about it. Rather than dwelling on what went wrong, focus instead on what needs to be done. Just say “oops” and move on to taking action.
Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, weorganizeu.com, or email Hellen at info@weorganizeu.com
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This is currently not an offering for sale. Such an offering can only be made by way of disclosure statement. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca
Advice | TAXING ISSUES
Selling an investment property By Henry Choo Chong
MORE ADVICE ONLINE ypnexthome.ca/news/advice
Q.
I purchased a rental investment property several years ago. Every year I have filed the rental income on my tax return. This year I sold the property. In addition to my rental income, what tax implications will I have to report? - Jared, Toronto
A.
Hopefully, you made a profit! The real estate market has been healthy for the past several years and continues to be strong, over the long term. Selling a real estate investment property will generate either a capital gain/loss or a recapture of income/ terminal loss. You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains. In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are all the cost, including the selling price and adjustments pertaining to the sale of the investment.
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In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any of the years that it was owned by you. The balance in this account is called the “undepreciated portion.� A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when
the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries or business income). Any unused amounts can be carried back three years or carried forward. Good record keeping is essential to calculate the correct gains or losses. Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached by phone at 416.485.5225 or by email at choochonghcga@yahoo.ca.
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Trending
REBGV June Report: Home buyers continue to compete for homes listed for sale across the Metro Vancouver housing market.
RESIDENTIAL PROPERTY SALES in the
region totalled 4,400 in June 2016, an increase of 0.6 per cent from the 4,375 sales recorded in June 2015 and a decrease of 7.7 per cent compared to May 2016 when 4,769 homes sold. Last month’s sales were 28.1 per cent above the 10-year sales average for the month and rank as the highest selling June on record. “While we’re starting to see more properties coming onto the market in recent months, the imbalance between supply and demand continues to influence market conditions,” Dan Morrison REBGV president said. New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,875 in June 2016. This represents an increase of 1.2 per cent compared to the 5,803 units listed in June 2015 and a 6.6 per cent decrease compared to May 2016 when 6,289 properties were listed. “Since March, we’ve seen more homes listed for sale in our market than in any other four-month period this decade,” Morrison said.
MORE TRENDING ONLINE ypnexthome.ca/news
The total number of properties currently listed for sale on the MLS system in Metro Vancouver is 7,812, a 35.9 per cent decline compared to June 2015 (12,181) and a 1.1 per cent increase compared to May 2016 (7,726). The sales-to-active listings ratio for June 2016 is 56.3 per cent. While clearly indicative of a seller’s market, this is the lowest this measure has been since February. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time. The MLS Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $917,800. This represents a 32.1 per cent increase compared to June 2015. Sales of detached properties in June 2016 reached 1,562, a decrease of 18.6 per cent from the 1,920 detached sales recorded in June 2015. The benchmark price for detached properties increased 38.7 per cent from June 2015 to $1,561,500. Sales of apartment properties reached 2,108 in June 2016, an increase of 18.8 per cent compared to the 1,774 sales in June 2015. The benchmark price of an apartment property increased 25.3 per cent from June 2015 to $501,100. Attached property sales in June 2016 totalled 730, an increase of 7.2 per cent compared to the 681 sales in June 2015. The benchmark price of an attached unit increased 28.1 per cent from June 2015 to $656,900. JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 75
Advice | CONDO PRO
Eliminate clutter before moving into a condo By Barbara Lawlor
MORE ADVICE ONLINE ypnexthome.ca/news/advice
WHEN YOU MAKE the decision to buy a condo suite, the last thing you want to do is clutter it unnecessary “stuff.” You know, the boxes of items you never use but have avoided getting rid of because you might need them someday, or because they hold sentimental value, or you only purchased because they were on sale. At Baker Real Estate Inc., we often hear from condominium purchasers who are moving from large family homes that they don’t know what to do with all of their belongings. And the larger the home, the more things they have amassed. The good news is that buying into a new condominium usually means you have quite a bit of time to organize and sort possessions before you move in. First, you need to measure up and figure out which furniture items you own and wish to keep that will actually fit into your new space. You receive dimensions from your builder, and when you go for your Pre-Delivery Inspection, you can measure again to be sure. Then begin the purging process. Even for condo buyers who are keen to de-clutter and simplify their belongings, however, the task may seem overwhelming. One approach is the garage/yard sale – one of the oldest forms of recycling. Put the money you make toward closing costs or buying new items that fit with your convenient condo lifestyle. You may sell a large dining room set, for example, and 76 YPNEXTHOME.CA
purchase one of the modern coffee tables with a swing-up top that can serve as a dining table. There are several other ways to declutter, of course. People often give away possessions to their family and friends, which is another way to recycle. Heirlooms and cherished items can be welcome additions in the homes of those who mean a lot to you. Whether they are antiques, appliances, toys or household accessories, wouldn’t it be lovely to know that someone you love will be using and appreciating these items? Your cast-offs can also be donated to charity shops, which is also a great way to pass things along. And of course, there is the trash can for items that are beyond salvage – and who doesn’t have a few of those hanging around? I also know of many people who have hired a home organizer. Contrary to what you may think, an organizer will not try to force you to throw out items you really want to keep. In reality, these professionals have an eye for organization – for sorting piles and closets of things into categories, then
guiding you through a process that helps you gradually weed out items. This is a wonderful time to designate heirlooms to go to family members without feeling rushed. The beds and dressers that you will not need in your new condo could solve a problem for an acquaintance with growing children. Remember the Internet? You can give items away on usedvancouver.com – the deal is that the first person who responds who is willing to come and pick up the item gets it free. And there are other sites where you can sell things online. Ask your home organizer for suggestions. And remember that a neat, tidy, uncluttered house will sell more quickly than one that is packed full. One of the first things home stagers do is suggest de-cluttering. Move into your gorgeous new condo with enough stuff to keep you happy yet allow the design, features and finishes to shine. Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
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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:
CASCADE AT THE PIER
Magnificent views of the Vancouver skyline are part of life at Cascade at The Pier by Pinnacle International.
previews and registration RIVER PARK PLACE II Home type: Condominiums Developer: Intracorp On the Street: Richmond Oval neighbourhood, Richmond On the Web: riverparkplaceliving.ca Contact: 604.356.7719 Info: Following the success of One River Park Place, RPP II will feature 127 one-, two- and three bedroom homes with views of the mountains, river or city centre. State-of-the-art 78 YPNEXTHOME.CA
recording and practice rooms, a business centre, games and study rooms, peaceful yoga room, innovative gym space, and the ultimate car wash are all within steps and all part of the luxury amenities at RPP II. Register now for more information.
— Fulton House brings 303 one- and twobedroom apartment residences to Brentwood. Owners also have exclusive access to the resort-inspired Fulton Club with swimming pool, hot tub, double-height fitness centre, dedicated yoga studio, and so much more.
FULTON HOUSE
SUSSEX
Home type: Highrise Developer: Polygon On the Street: Brentwood, Burnaby On the Web: polyhomes.com Contact: 604.871.4124 Info: Offering immediate access to a wide array of amenities — including a new Whole Foods Market, the shops and services at Brentwood Mall, plus proximity to SkyTrain and cycle routes
Home type: Highrise Developer: Townline On the Street: Sussex Avenue and Hazel Street, Burnaby Presentation Centre: Coming soon at 5021 Kingsway On the Web: townline.ca Contact: sussexmetrotown@townline.ca Info: Coming early next year to Metrotown area,
FULTON HOUSE
TOP: Fulton House by Polygon includes inviting amenities like this fireside lounge.
BOTTOM: Olivia townhomes by Woodbridge are coming to South Surrey.
new releases and grand openings SOUTH ON 16TH
SOUTH ON 16TH
Home type: Townhomes Developer: Mortis Construction On the Street: 15885 – 16th Avenue, South Surrey On the Web: southon16.com Contact: 604.720.7478 Info: Don’t miss this exciting collection of 22 three- and four-bedroom townhomes near the ever-expanding amenities of Morgan Crossing and Grandview Corners. SmartHome systems powered by Control 4 allow you to manage everything, from lighting and temperature control to music and security through your mobile device. And kudos to the developer because they will donate $1,000 to the Peace Arch Hospital & Community Health Foundation every time one of these homes sell.
CASCADE AT THE PIER just one block from the shops and services of Metropolis at Metrotown and the SkyTrain, yet set back from the hustle and bustle of Kingsway. This luxurious, 41-storey residential tower will offer approximately 320 one-, two-, and three-bedroom homes, many with expansive, protected views. Steps to Metrotown, Central Park and the SkyTrain. Register now for more information.
OLIVIA Home type: Townhomes Developer: Woodbridge Properties On the Street: South Surrey On the Web: wbhomes.ca Contact: 604.736.8845 Info: Hot on the heels of a successful sell out at Oliver comes priority registration for this sister collection of Craftsman-style townhomes. Great location only a short stroll to Grandview Corners Shopping District and The Shops at Morgan Crossing.
Young families will appreciate Olivia’s proximity to the new Sunnyside Elementary School and the prestigious Southridge School.
WALDEN Home type: Townhomes Developer: Woodbridge Northwest On the Street: 204th Street and 84th Avenue, Langley On the Web: liveatwalden.ca Contact: 604.561.0889 Info: A collection of just 48 two-, three-, and four-bedroom townhomes nestled along Yorkson Creek. Floorplans range from 1,200 to 1,700 square feet and feature contemporary, open-concept design for a perfect mix of tranquility and urban convenience. Expansive parks and walking trails are at your doorstep. Schools, shops, transit and freeway access are just minutes away. Register for more info.
Home type: Midrise Developer: Pinnacle International¬ On the Street: 138 Victory Ship Way, North Vancouver On the Web: CascadeAtThePier.ca Presentation Centre: VIP Lounge in the Pinnacle Hotel at The Pier Contact: 604.984.0906 Info: The newest phase at Pinnacle’s spectacular waterfront community in North Vancouver is now selling. Premiere penthouses include over 3,000 square feet of luxury living plus 600 square feet of private outdoor decks and balconies. Just steps to the Lonsdale Quay and SeaBus to downtown Vancouver.
Tell us your news Got a new development you’d like us to feature in On the Horizon? Drop me a note at susan@ suntrackercafe.com, and we’ll do our best to get you in the next edition.
BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT
TYPE
CONTACT
PRICE
ABBOTSFORD Abacus Uptown Cedar Landing Eagle Estates Eagles Gate Falcon Ridge Foxwood Mahogany at Mill Lake Straiton Estates Residences at Gateway
LR TH SF SF SF SF HR SF LR
604-309-7155 604-850-5040 604-859-3141 604-309-7729 604-309-0540 604-850-5040 778-255-9990 604-850-5040 604-855-8116
BURNABY Churchill Concord Brentwood The Dawson Fulton House Gold House Ivory Mews Kings Crossing Milano Modena Novella OakTerra Pacifico Paddington Mews Pixel Solo District Station Square The Peak Trio Triomphe Veritas
TH HR HR HR HR TH HR HR LR MR LR TH TH LR HR HR HR LR HR LR
604-363-2627 Coming Soon 604-435-1383 From $299,900 dawsonbyamacon.com Coming Soon 604-299-8573 Call goldhouseliving.com Coming Soon 604-528-6935 From $289,900 cressey.com/kingscrossingbycressey Coming Soon 604-294-8989 From $298,900 604-294-9919 Coming Soon 604-536-5777 Call 604-431-6033 Call 604 294 3802 Call 604-438-9922 From $334,900 pixelburnaby.com From $399,900 solodistrict.com Coming Soon 604-438-1113 Call 604-559-5795 Call 604-218-3338 From $249,900 604-828-1373 Coming Soon 604-298-9965 From $389,900
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 Brookmere Charland Cristallo Homes Crown Foster Ave Rowhomes Kingston The Lloyd Lougheed
SF TH SF SF/LR/TH
Call From 274,900 inc net GST From $599,900 From $373,500 From $789,000 From $524,900 Call Call Call
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 LR TH HR TH SF HR HR
604-472-1123 604-514-4359 604-259-5991 604-492-3388 604-939-6816 604-939-8868 intracorp.ca 604-514-4359 604-942-8416 604-939-2677
Call Coming Soon Now Previewing Call Call From $280,000 Coming Soon Coming Soon $809,900 Call
Penthouse (PH)
Live Work (LW)
PROJECT
City Home (CH)
High Rise (HR)
TYPE
CONTACT
PRICE
Mont Bleu Nelson on Foster Novella Sterling
HR LR MR SF
montbleu.ca 604-998-8998 604-563-5777 604-464-2260
Coming soon Call Call From $689,900
DELTA NORTH DELTA Muse South Pointe Sunstone
LR SF TH
liveatmuse.com 604-584-2908 sunstonevillage.ca
From $199,900 From $699,900 Coming Soon
TH
604-946-1848 604-946-8812
From $819,900 Coming Soon
LR LR SF SF SF/LR
604-943-8811 604-274-7326 604-271-7288 604-943-6677 604-948-HOME
Call Call From $499,900 Call Coming Soon From $529,900 From $199,900 Coming Soon Coming Soon From $314,900 Call From $139,900 Call From $179,900 From $440,000
LADNER Charterhouse Fairwinds TSAWWASSEN Brio Harbour Walk Tsawwassen Heights Tsawwassen Shores Tsawwassen Springs LANGLEY Archstone Yorkson Ashbury + Oak Elements Everly Green Gabriola Park Mission Green Prestwick at Milner Heights Varsity Woodland Park Yorkson Creek Yorkson South
TH LR TH LR SF
604-888-9671 604-539-6281 604-533-7718 www.everlygreen.ca www.gabriolapark.com 604-871-4288 604-371-0928 604-539-2200 604-532-6060 yorksoncreek.com 778-785-1673
MAPLE RIDGE Albion Crossing Albion Station Falcon House Grant Hill Estates Magnolia Grove Maple Heights Montgomery Acres Pointe, The Robertson Heights Station One The Terraces Wellington Station
TH TH LR SF TH TH SF SF SF LR TH LR
604-551-5215 604-351-3261 604-477-1500 604-230-3935 604-534-1234 604-380-1215 604-477-2959 604-999-2452 604-380-4708 778-878-1347 604-351-3261 604-380-0300
From $359,900 From $254,900 Call Call Call Call From $534,980 From $489,900 From $459,900 From $164,900 From $369,900 From $189,000
MISSION / HARRISON Horizons
TH
1-888-826-1177
From $319,800
NEW WESTMINSTER Duo at Port Royal Elliot Glass House Lofts
LR HR LR
604-520-9890 604-662-8009 604-520-9890
From $218,900 Call Call
Mid Rise (MR)
Low Rise (LR)
TH TH LR TH TH
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
BRINGING PEOPLE HOME CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER
FIFTHAVE.CA 80 YPNEXTHOME.CA
N E W H O M E S A L E S AND MARKETING EXPERTISE
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@ypnexthome.ca PROJECT
TYPE
Grove, The Lookout at Victoria Hill, The Lotus Parkside at Victoria Hill Portage The Peninsula The Royal at Victoria Hill Thompson Landing Westbourne NORTH VANCOUVER Anchor, The Atrium at the Pier CentreView Connaught Edgemont Village First Street West Juniper at Timber Court Latitudes Maplewood North Maplewood Place Northlands Parkgate Pinnacle Residences at the Pier Tatlow Trophy at the Pier Seymour Village Shore, The x61
CONTACT
PRICE
LR LR LR HR MR MR LR SF LR
604-523-0733 604-523-0733 604-782-1706 604-523-0733 778-398-1344 604-544-2258 604-523-0733 604-520-3226 westbourneliving.com
Call Call Coming Soon Call Call Call Coming Soon From $476,900 Coming soon
LR MR/TH HR LR/TH LR LR TH LR TH LR/TH TH MR LR MR TH LR LR/TH
604-988-8800 604-983-9065 604-998-8540 604-699-0036 604-770-0791 604-988-3617 604-435-9477 604-727-1594 604-563-7001 604-800-2120 texorhomes.com 604-983-9065 info@tatlowliving.com 604-983-9065 604-924-0818 604-980-0016 604 971 3181
From $379,900 From $379,900 Call Call Call Call From $469,900 From $378,900 From low $300s Call Coming soon Call Coming Soon Call From $699,900 From low $200’s Call
PITT MEADOWS Cedar Downs
LR
778-846-3200
From $194,900
PORT COQUITLAM Carmandy Fremont Indigo Fremont Emerald Orchid Salisbury Lane Shaughnessy, The Uptown Pointe
LR TH LR LR TH HR LR
604-435-9477 604-552-0319 604-468-0084 604-866-4206 604-475-1172 604-468-8252 604-468-0010
From $209,900 Call Call From $159,900 Call Call Call
PORT MOODY Clark Station, The
TH TH
778-558-6377 604-492-3338
Call Call
RICHMOND Alfa HR 604-276-2532 Call Avanti LR/HR 604-276-9186 From $768,900 Calla at the Gardens MR 604-271-3331 Coming Soon 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 Kenstone Gate234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf TH 604-218-3338 From $529,900 1 Kingsley Estates TH 604-821-1384 Call
Penthouse (PH)
Live Work (LW)
City Home (CH)
High Rise (HR)
PROJECT
TYPE
Kingston Gate Livia Mandarin Walk Monet Opal at Richmond Centre Ora Orchid by Beedie Parc Riviera Park Residences at Minoru Pier, The Pinnacle Living at Capstan Pinnacle Living Sorrento Quintet Riga Riva River Green River Park Place River Inlet Vogue Westminster Terrace SQUAMISH / WHISTLER Elaho Ocean Crest ParkHouse Ravens Plateau Ravenswood Seven Peaks Aqua University Heights
TH TH LR/TH HR HR HR HR MR HR LR HR/MR/TH MR/HR HR TH MR MR MR MR/TH TH TH
CONTACT
PRICE
604-760-6024 Call 604-364-2159 Call 604-278-0808 Call 604-233-7748 From $300,000’s 604-303-7575 From $464,900 604-278-8838 Call info@orchidbeedie.ca Coming Soon 604-231-5900 From Low $200’s 604-303-8878 Call 604-274-7326 Call 604-303-0148 Call 604-303-0148 Call 604-303-8878 Call 604-715-1250 Call 604-278-8825 Call 604-233-2633 Call riverparkplaceliving.ca Coming Soon 604-233-2633 Call 604-715-1250 Call 604-204-1077 Call
TH SF LR SF SF TH TH/LR LR
604-898-2232 604-896-2235 604-567-5433 1-888-852-7575 604-670-7862 604-871-4191 1-877-344-5566 1-888-852-7575
Coming Soon From $1,298,000 From $167,900 Call Coming Soon Coming Soon From $239,000 Call
SUNSHINE COAST SECHELT Edgewater at Porpoise Bay SilverStone Heights
TH SF
604- 885-8556 604-741-1877
From $309,900 From $479,900
SURREY 3 Civic Plaza Estates at Southwood, The Esplanade at Waterstone Evolve Guildford The Great Guildhouse Harvest Heights Highcrest HQ Joi Living Kendra Park Avenue West Park Central Park Place Village 2015-01-16 11:37 AM Prescott Commons Prime on Plaza
HR TH LR HR TH TH TH TH TH LR TH TH HR LR TH TH HR
604-951-3331 604-648-8065 604-530-5399 604-497-0102 778-293-2222 604-574-1143 604-576-7722 604-618-6175 604-584-7273 porte.ca/HQ 604-574-8888 604-590-9122 604-583-9866 604-817-5852 604-617-7763 604-541-8092 604-498-3888
Call Call From $219,900 Call Call Call Call From $339,900 From $345,900 Coming Soon From $339,000 From $329,900 From $250’s From $289,900 From $359,000 Call Call
Mid Rise (MR)
Low Rise (LR)
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
JUL 22 - AUG 5, 2016 | NEW HOME & CONDO GUIDE 81
PROJECT
TYPE
Silverwood Sync Summit University District Wave Westpointe CLOVERDALE Mackenzie Modern Estates
CONTACT
PRICE
TH TH TH HR HR TH
silverwoodliving.com 778-590-7283 778-591-6685 604-588-5795 604-951-9283 604-833-9193
From Low $300’s From Under $300’s Coming Soon From $233,900 From $291,900 Call
TH
604-574-7077
From $349,900
LR HR HR LR HR HR HR HR HR Trump International Hotel and Tower® Vancouver HR Vancouver House HR
604-620-2018 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 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 Paragon Renfrew & 2nd R+R Skyway Strathcona Gardens Triumph View338 Woodshire
604-438-5050 cordovan.ca 604-563-6777 604-330-8848 liveatthegem.com grandviewcascades.com 604-620-7886 604-688-5566 604-830-3938 604-434-2205 604-436-1100 604-328-9940 604-563-6200 604-303-8838 604-719-1700
Call Coming Soon Coming Soon Call Coming Soon Coming Soon Call Coming Soon From $259,900 $534,900 Call Call Call From $219,900 From $420,900
604-891-1288 604-828-3998 604-563-8336 cressey.ca 604-801-6861 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
Call Call Call Coming Soon Call From $528,800 From $429,900 Call Call Coming Soon Call From $367,400 Call Call Call Call Call
VANCOUVER & AREA DOWNTOWN 188 Keefer Burrard Place The Charleson Eventide Fairmont Pacific Rim Estates Fairmont Pacific Rim Estates Mark, The Private Residences at Hotel Georgia, The Tate Downtown
WEST SIDE 7430-7488 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
TH LR LR TH LR TH LR LR LR LR HR TH TH LR TH
TH LR/MR MR LR HR MR MR/TH LR/TH MR TH HR MR MR TH MR HR MR Penthouse (PH)
82 YPNEXTHOME.CA
Live Work (LW)
City Home (CH)
High Rise (HR)
PROJECT
TYPE
Epic at West Eton Granville at 70th Grayson Henry Jervis Kerrisdale Gardens Livingstone House Maisonette MC2 McKinnon Monarch Northwest Oak + Park One, The Parc 26 Parc Elise 35 Park West Pinnacle Living at False Creek Pinnacle Living Broadway Prodigy Q16 Shaughnessy Residences Sterling Sota The Grayson The Spot The Leveson The Ivy The Creek/Navio The Regent Tisdale Vya W10th & Maple WEST VANCOUVER 23rd and Bellevue Evelyn Galleries on the Bay Kerrisdale by Cressey South on 16th WHITE ROCK / SOUTH SURREY Blu The Estates at Morgan Heights Grandview Heights Hycroft 2 Morgan Rise Morgan Prescott Commons SoHo South Ridge Club South Point Walk Westpointe Westside at Orchard Grove Zirkon Mid Rise (MR)
Low Rise (LR)
HR LR/HR HR MR TH/MR HR MR LR TH HR TH MR HR TH HR MR/TH MR/TH LR MR MR MR TH TH LR HR TH MR LR LR HR TH TH LR MR/TH
HR MR LR LR TH TH SF TH TH SF TH TH TH TH LR/TH SF SF TH
CONTACT
PRICE
604-707-9378 604-221-8598 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 604-568-6883 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 604-558-5848 604-428-8858 604-671-1025 604.558.1907 604-568-6886 604-880-8312 604-566-5888 604-681-8282 604-273-1313 778-846-5990 604-559-1070 604-739-2080
Call Call Call Coming Soon Coming Soon From $1 million From $540,900 From $639,900 Coming Soon Call Coming Soon From $444,900 Call Call Call Call Call Call Call Call From high $300s Call Call Call From 2.5 million Call From $269,900 Call Call Call Call Call From $239,999 Call
cressey.com 604-922-0330 604-836-7355 cressey.com 604-720-7478
Coming Soon Call From $490,000 Coming Soon From $609,900
604-691-5160 From $679,000 Inc. GST 604-560-1053 Call discovergrandviewheights.com 605-541-2495 From $560,900 604-560-6438 Call 604-538-8695 Call 604-541-8092 From $309,900 zenterra.ca/soho Coming Soon 604-582-1113 From $420’s 604-560-3238 From $230’s 604-833-9193 Call 604-372-0383 Coming Soon 778-885-5790 Call
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
NOW AVAILABLE
8xont he park.com
ACTUAL VIEW FROM 12TH FLOOR
*PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE. ARTIST’S RENDERINGS AND MAPS ARE REPRESENTATIONS ONLY AND MAY NOT BE ACCURATE. E.&O.E.
Miele appliances, and air-conditioning; perfect for family-sized living. With space on all sides, homes are surrounded by openness, rare in Vancouver's downtown core. At 8X, you get maximum space and maximum functionality. You cannot duplicate this one. Now is the time to start living the park life.
PRESENTATION CENTRE AT 1149 HAMILTON ST OPEN WEEKDAYS 12-6 | OPEN WEEKENDS 12-5 | 604 801 6861
DOWNTOWN · VANCOUVER · YALETOWN
A RARE OFFERING DOWNTOWN. Elevated above Emery Barnes Park, 8X ON THE PARK offers forever-unobstructed park views and picture perfect vistas of False Creek, urban landscape and beyond. Our final collection features 35 two- and three-bed parkside homes ranging from 1,041-1,781sf. These spacious homes come complete with state-of-art integrated electronics,
YOUR VIEWS START HERE
35 SPACIOUS PARKSIDE HOMES STARTING FROM $1.68M
FINAL RELEASE – THE PARKSIDE COLLECTION