BC New Homes Guide - Jun 12, 2015

A Rare Collection of WaterfrontHomes is Coming Soon

June 12 - 26, 2015 Volume 23 Issue 12

INSIDE THIS ISSUE

BURNABYS EDMONDS AND METROTOWN

HOW TO SURVIVE A BIDDING WAR

MOSAIC TAKES ON LEED LEADERSHIP

Grand, 2 & 3 bedroom apartment city homes located at the edge of Queen Elizabeth Park. Available soon. Be the first to learn more.

This is not an offering for sale. E&OE.

mosaichomes.com/james-walk

604.325.2216

[email protected]

FREMONT, PORT COQUITLAM 604.552.0319

EAST CLAYTON, SURREY 604.574.5735

FREMONT, PORT COQUITLAM 604.468.0084

WILLOUGHBY, LANGLEY 604.882.6758

2 & 3 BED FROM $314,900*

1 & 2 BED FROM $189,900*2, 3 & 4 BED FROM $384,900*

2 BED & DEN FROM $312,900*

mosaichomes.comSee the design-driven difference. Visit a MOSAIC Home Store or

MOSAIC will match up to $10,000* of your deposit to be used towards your home purchase. Its our way to help you get a head start.

*Visit us. Well explain the details. E.&O.E.

SCAN FOR SPECIAL PROMOTION

604.418.7072 604.961.5160 604.961.5160

3 bedroom plus flex room, 3.5 bath $389,900 +gst.

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Best Price per sq. ft. in South Surrey/White Rock!!Exquisite quiet townhomes From $679,900 (incl. GST)

Master on the Main. Private backyard off kitchen. Just steps to shopping & restaurants

Devine duplexes like homes From $689,900 $659,900 (incl. GST)

ONLY 1 HOME REMAINS! NOW SELLING PHASE 3 ONLY 2 HOMES REMAIN!

457298 199a Street

JUNE 12 - 26, 2015 | METRO VANCOUVER NEW HOME GUIDE 5

*In ou

r con

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impr

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d maintain the high

est s

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s the righ

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.&O.E.

Aragon Properties Ltd.

FINAL MOVEIN READY

HOMESAVAILABLE

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CANOEFinal phase of townhomes, triplexes and rowhomes are now available. Come visit us to view our beautiful display homes.

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This is currently not an oering for sale E.O.&E.

Regsiter Now At liveatevoque.com


contentsJUNE 12-26, 2015 || VOLUME 23 ISSUE 12

special features12 Editors Note

48 CityHomes at Northgate

The perfect lifestyle in Tsawwassenby Janine Mackie

ON THE COVER



INSIDE THIS ISSUE




p. 16CATES LANDINGA new waterfront

community, minutes from Deep Cove

by Janine Mackie

10 METRO VANCOUVER NEW HOME GUIDE | JUNE 12 - 26, 2015

columns20 Affordability

and DensityBob Rennie discusses our regions hottest topic by Stephanie MacDonald

24 CMHC Report:Whats the real estate forecast for 2016?

28 10 Minutes With...Realtor Sean Stevens on investing in real estate by Susan M Boyce

32 Home SmartsShould you buy or rent your home? by Marnie Bennett

50 Mind over MortgageHow do you survive (and even win) a bidding war? by Jorge & Alisa Aragon

54 Neighbourhood SpotlightEdmonds and Metrotown: the lively variety of Burnaby by Diane Duflot

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan LeggeDIRECTOR OF SALES, NATIONAL

Moe LalaniSENIOR SALES MANAGER, WESTERN CANADA

Edwin RizarriART DIRECTOR

Megan PikeEDITOR

Stephanie MacDonald CONTRIBUTING EDITORS

Lydia McNutt

DESIGN EDITOR

Yanic Simard

MEDIA CONSULTANTS

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103SALES COORDINATOR

Justin Salvador

PRODUCTION MANAGER

Bala GnanapandithanGRAPHIC DESIGNERS

Viosa BarilevaPRODUCTION CO-ORDINATOR

Hannah Yarkony

CONTRIBUTING EDITORIAL WRITERS

Susan M Boyce Janine Mackie

The Vancouver New Home Guide is a free publication published 25 times per year. Submit articles or advertising to Suite 102 - 4180 Lougheed Highway, Burnaby BC V5C 6A7 PHONE 604.519.6080 FAX 604.519.6088 NewHomeAndCondoGuide.ca

COPYRIGHT 2015 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.

48

district maps14 North

Vancouver22 South Surrey/

White Rock34 Surrey/Langley

46 Richmond52 Burnaby/New

Westminster58 Maple Ridge/

Pitt Meadows

Published by

60 In the NewsMOSAIC gets recognition for taking leadership with LEED

homebuyers help38 On the Horizon

Checking out whats hot and new in the Lower Mainlands residential marketplace and beyondby Susan M Boyce

64 Listing DirectoryComplete listings of more than 250 new-home developments throughout Vancouver and the Lower Mainland

60


//EDITORS NOTE

STEPHANIE MACDONALD EDITOR Yellow Pages [email protected]

Follow me on Twitter at Twitter.com/stephmacW2W

SUSAN LEGGE EDITOR-IN-CHIEFYellow Pages NextHome [email protected]

Follow me on Twitter at Twitter.com/SusanLegge

Priorities: space versus time

Three simple steps to successShopping for a home online is a great way to narrow your search, but theres nothing like visiting the sites, models and sales offices to get down to the nitty-gritty. Before you venture out, here are some pointers:

First, be clear about what you want and expect in a new home and in your builder.

Remember, the range of prices in the new-home market generally re ects di erences in location, features and home styles. eres no magic involved. If a builders pricing seems out of whack with others in the area, ask for an explanation. Higher prices could mean better quality materials, nishings, features and service. Make sure that

the price you are paying will deliver the quality you want.

Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a spec sheet that clearly lists what is included, as well as any upgrade options.

ird, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Hearsay comments should not be included as part of your evaluation process. Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail then take it to a lawyer before its nalized.

Making compromises is one of the realities of life that you learn in kindergarten, and knowing how to prioritize is a skill that makes nding an ideal compromise much easier. Bob Rennies annual address to the Urban Development Institute this year focused on a very hot topic in Metro Vancouver: a ordability and compromise.

He noted that in a region as desirable and economically and politically stable as ours, simple supply and demand principles are going to drive up real estate prices. One way to mitigate the a ordability situation here is obviously to increase the supply, and to do this were going to have to densify. Explains Rennie: You dont see single-family homes in London or New York City.

Weve been seeing a lot of this trend lately: three or four single-family homes in a row being bought and turned into 20 townhomes, or 30 condos and 10

townhomes. at means homes for a lot more people than the former houses with the front lawns and large, usually empty, back yards.

ough people lament the passing of the Old Vancouver into the present, what this really means is that more people can a ord to live here; with one compromise: space.

ose unwilling to make this compromise, who want more space to live, have two options: to pay much more or to move farther away from the city core where geography and city limits do not have such a profound in uence on land scarcity. For those working in the city, this means that more time will be spent commuting.

Vancouver has a long way to go when dealing with the problem of a ordabilty, especially when it comes to people raising families in the city, but densi cation is one place to start. Its time we started thinking about others.


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A1. Parkgate 3508 Mt Seymore Parkway at Parkgate Ave texorhomes.com

A2. Cates Landing 3919 Dollarton Hwy 604-871-4126

NORTH SHORE

NORTH SHORE / SQUAMISH / WHISTLER

A1

A2

NORTH SHORE


OPENS THISSUMMER

A R ARE COLLECTIONOF WATERFRONT HOMES

FOR PR IORIT Y REGISTR ATIONCALL 604.871.4126 OR VISIT POLYHOMES.COM

T H I S I S C U R R E N T LY N OT A N O F F E R I N G F O R S A L E . A N Y S U C H O F F E R I N G M AY O N LY B E M A D E BY WAY O F A D I S C LO S U R E S TAT E M E N T. E .& O. E .

A limited collection of townhome and apartment residences is coming soon to theNorth Vancouver waterfront, alongside magnificent Cates Park and near charming Deep Cove.

//COVER STORY

by JANINE MACKIE

When I heard Polygon was working alongside renowned architect Keith Hemphill of RHA to design a new community of waterfront townhomes and apartments, my ears perked. Then when I learned the location was next to Cates Park with its sandy beach, abundance of marine wildlife, and pristine waters for paddle boarding and kayaking, I was quick to register my interest online.

Evidently I wasnt the only one imagining the beauty of living every day like I was on vacation! Cates Landing has received overwhelming interest since it was announced Polygon would be launching sales this summer, says Goldie Alam, senior vice president marketing.

This is a really rare opportunity for waterfront living and the interest from local buyers has been amazing. Theyve been watching and waiting for an opportunity to downsize in the community they know and love. POSTCARD VIEWS AND A SEASIDE SETTING MAKE FOR A SOUGHT-AFTER ADDRESSThe boutique community of just 95 homes will be built alongside Cates Park, a 20-hectare recreational area near the 4000-block of Dollarton Highway, east of the Second Narrows Bridge. Set to be the jewel of this Mt. Seymour neighbourhood, homeowners will enjoy panoramic

CATES LANDINGPOLYGON LAUNCHES NEW WATERFRONT COMMUNITY MINUTES FROM DEEP COVE

views of the calm waters of Burrard Inlet to the south and direct access to the wonders of Cates Park to the east. Its the kind of setting that makes you feel youve traveled up the coast of B.C., when in fact youre just a short drive from Downtown Vancouver or the ski slopes at Mt. Seymour.

Fronting the residences, a waterfront trail will connect the community to Cates Park and provide easy access to outdoor activities. Down the road, the village of Deep Cove awaits with its marina, bike shop, summer outdoor concerts, and variety of restaurants serving everything from the catch-of-the-day to Mediterranean pizza.

Its this beautiful natural setting and its lifestyle options which inspired the West Coast modern architectural style of Cates Landing. Oriented towards the water, each home will showcase natural lighting through oversized windows and


//COVER STORY

by JANINE MACKIE

When I heard Polygon was working alongside renowned architect Keith Hemphill of RHA to design a new community of waterfront townhomes and apartments, my ears perked. Then when I learned the location was next to Cates Park with its sandy beach, abundance of marine wildlife, and pristine waters for paddle boarding and kayaking, I was quick to register my interest online.

Evidently I wasnt the only one imagining the beauty of living every day like I was on vacation! Cates Landing has received overwhelming interest since it was announced Polygon would be launching sales this summer, says Goldie Alam, senior vice president marketing.

This is a really rare opportunity for waterfront living and the interest from local buyers has been amazing. Theyve been watching and waiting for an opportunity to downsize in the community they know and love. POSTCARD VIEWS AND A SEASIDE SETTING MAKE FOR A SOUGHT-AFTER ADDRESSThe boutique community of just 95 homes will be built alongside Cates Park, a 20-hectare recreational area near the 4000-block of Dollarton Highway, east of the Second Narrows Bridge. Set to be the jewel of this Mt. Seymour neighbourhood, homeowners will enjoy panoramic

CATES LANDINGPOLYGON LAUNCHES NEW WATERFRONT COMMUNITY MINUTES FROM DEEP COVE

views of the calm waters of Burrard Inlet to the south and direct access to the wonders of Cates Park to the east. Its the kind of setting that makes you feel youve traveled up the coast of B.C., when in fact youre just a short drive from Downtown Vancouver or the ski slopes at Mt. Seymour.

Fronting the residences, a waterfront trail will connect the community to Cates Park and provide easy access to outdoor activities. Down the road, the village of Deep Cove awaits with its marina, bike shop, summer outdoor concerts, and variety of restaurants serving everything from the catch-of-the-day to Mediterranean pizza.

Its this beautiful natural setting and its lifestyle options which inspired the West Coast modern architectural style of Cates Landing. Oriented towards the water, each home will showcase natural lighting through oversized windows and

open floor plans will emphasize the architects desire for outdoor living areas to blend with interior spaces. A sophisticated aesthetic is created with generous roof overhangs and durable hardie board siding, while the integration of natural materials like cultured stone will give the homes an elegant west coast feel.

READY TO DOWNSIZE: SPACIOUS CONDOS AND TOWNHOMES FROM 1,080 TO 3,000 SQUARE FEET.While floor plans are still being finalized, Goldie at Polygon says the two and three-bedroom apartments will appeal to downsizers and professionals alike and be approximately to 1,080 to 1,470 square feet, while townhomes will be around 3,000 square feet. Inside, homeowners will be surrounded by thoughtful details including radiant in-floor heating, expansive windows and entertainment-sized patios with gas outlets for year-round barbecuing. As the social hub of every home, professionally designed kitchens will function well and look fabulous with premium stainless steel appliances, pantries, engineered stone countertops, marble backsplashes and custom-designed cabinetry.

Having built award-winning communities since 1980, Polygon is attune to the amenities most valuable to homebuyers and has tailored them at Cates Landing to include an area to wash off bikes and dogs, storage for kayaks, and even a guest suite for out-of-town visitors. Polygons renowned customer service team and Travelers Guarantee Company of Canada 2-5-10 warranty provides further reassurance and peace of mind.

The limited collection of waterfront homes will offer one of a kind beauty, and a last of its kind opportunity.

Coming this summer, register your interest for Cates Landing today at 604-871-4126 or [email protected].

Artists rendering only

COQUITLAM

A1. Black+Whites548 Foster Ave604-998-8998

A2. Nest638 Regan Avenue604-492-4123

PORT COQUITLAM

B1. Fremont Indigo2332 Ranger Lane604-552-0319

B2. Salisbury Lane2138 Salisbury Ave.604-475-1172

COQUITLAM / PORT COQUITLAM / PORT MOODY

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Derby ReachRegional ParkDerby ReachRegional Park

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COQUITLAM/PORT COQUITLAM/PORT MOODY

//IN THE NEWS

No affordability without density BOB RENNIES 2015 UDI LUNCHEON ADDRESS

For someone selling real estate in one of the hottest markets in North America, if not the world, Bob Rennie opened his speech to more than 1,000 industry people with a subdued observation. Evidently, Vancouver is the unhappiest city in Canada. After a breakdown of who is unhappy (baby boomers) and why (they look backwards), Rennie made the by-now-familiar assertion that this problem of affordability, in a place of land scarcity, can only be solved on the supply side: by densifying existing properties to make room to provide more homes.

Though the problem of affordability is admittedly more complex than that (Rennie identifies 19 forces in our region that adversely affect affordability), his vision of Vancouver in the future is one similar to New York or London, with the majority of residents living in apartments, condos and townhomes, at the expense of single-family lifestyle.

He also debunked the myth that all our stock of new condos and townhomes coming onto the market are being snapped up by offshore investors. Citing the sales statistics from the Amazing Brentwood and Metrotown in Burnaby and The Strathcona Village and The Independent in East Vancouver, only three per cent of the buyers were not from Canada. The majority of the buyers for all these develop-ments were actually from less than ten kilometres away from the building that when were buying into.

These projects, with an average prince hovering around $400,000, have extensive amenity spaces, are located in energy centres close to shopping and transit, and are affordable for two working people. Rennie stressed that though the entry-level suites are small, they are a good way to get into the market, and larger suites are making it possible to live with your family in a condo building.

He goes on to say that when developers come to him to sell their new buildings he advocates for building an energy centre if one does not exist yet. If you can walk out the door and get a stick of butter, a cup of coffee and fill your prescription, build there. I will brand it, market it and sell it.

Investing in Vancouver real estate is a better investment option than buying gold, according to Rennie, but it is speculators that really drive up the price of land exponentially. Instead of taxing foreign investors, who make up a small portion of overall buyers, we should be taxing people who just buy houses to sit empty for a few years until they can be sold to developers for a much higher price. People who buy condos to rent them out, however, are contributing to the under-served rental market in Vancouver and should be encouraged, he says.

Next year, Rennie predicts that he will be talking about the redevelopment of the Railway lands, the movement of St. Pauls hospital and Emily Carr University, and the removal of the viaducts. Of course we cant wait!


1 Bedroom Townhomes

from $249,900

1 Bedroom + Den Townhome

from $349,900

2 Bedroom Townhomes

from $428,900

MOVE IN TODAY!

5 minute walk to shopping, parks and the Evergreen Skytrain Station. Nest is a true collection of townhomes in the heart of a quiet, intimate residential enclave in Burquitlam. Make Nest your home.

VISIT US:12-4pm Sat & Sun; 3-5pm Mon - Thurs, closed Friday

Built by Aquila Developments, continuing the Bosa Tradition

50% SOLD!!


COQUITLAM/PORT COQUITLAM/PORT MOODY

SOUTH SURREY / WHITE ROCK

1. Morgan Crest16780 22a Ave604-648-8065

2. The Estates at Southwood16780 22A Ave,604-648-8065

3. Southbrooke10th Ave. & 165th St.604-805-2941

4. The Hamptons16437 23 Ave.604-723-4497

5. Jacobsen2687 158 St.604-538-5591

6. Blu15988 32 Ave.604-782-5258

7. Belcroft15977 26 Ave.604-568-8830

8. Hyde ParkPresentation Centre#30 - 2411 - 160th St15811-28th Ave604-506-1852

9. The Heights2845 156th St.778-545-8737

10. Breeze#5 16223 - 23rd Ave.604-582-1113

11. The Woods32nd Ave. & 156A St.604-538-8876

12. Hycroft Rowhouse16467 - 24th Ave. 604-541-2495

13. George1708 King George Blvd.604-571-6400

14. The Estates at Morgan Heights15768 Mountain View Drive604-560-1053

15. Sakura156th St. & 28 Ave604-538-5588

16. Willsbrookadera.com604-582-1113

CANADA

UNITED STATES OF AMERICA

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SunnysideAcres UrbanForest Park

SunnysideAcres UrbanForest Park

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According to Canada Mortgage and Housing Corporations (CMHC) Second Quarter Housing Market Outlook British Columbia Highlights report, housing starts in British Columbia are forecast to range between 26,400 and 29,800 units this year, rising to 26,100 to 30,500 units in 2016.

Housing starts remain relatively stable this year and next, supported by growth in employment and population, noted Carol Frketich, CMHCs BC Regional Economist. Multiple-family starts will be stable in 2015 and then pick up in 2016 as demand for denser housing forms increases and inventories of completed and unabsorbed units are drawn down. Single-detached home starts are expected to remain relatively unchanged over the forecast horizon.

Resale market conditions are forecast to remain balanced, although this may differ in some centres and by home type. Existing MLS1 home sales will be

boosted by job and population growth and low mortgage interest rates. Sales will range from 82,300 to 93,100 transactions in 2015 and between 78,700 to 91,800 transactions in 2016.

The MLS average price is forecast to be between $573,700 and $627,500 in 2015, edging higher to $577,000 to $652,000 in 2016.

Detailed CMHC housing market forecasts for the Vancouver, Abbotsford-Mission, Victoria and Kelowna Census Metropolitan Areas (CMAs) are available in the CMA Spring Housing Market Outlook reports. In addition, forecasts for the cities of Prince George, Kamloops and Nanaimo are available in the Second Quarter Housing Market Outlook British Columbia Highlights report.

For more information, call 1-800-668-2642. CMHC Market Analysis reports are also available free for download at cmhc.ca/housingmarketinformation.

As Canadas authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need and offers objective housing research and information to Canadian governments, consumers and the housing industry.

Follow CMHC on Twitter @CMHC_ca

CMHC ReportBRITISH COLUMBIA HOUSING MARKET OUTLOOK 2015 AND 2016

//IN THE NEWS


604 648 8065N

32 AVE

27A AVE

164 ST

168 ST

164A ST

24 AVE

26B AVE

3 DISTINCT HOME TYPES TO CHOOSE FROM

3,600 SF homes on lots up to 4,700 SF 4,100 SF homes on lots up to 6,400 SF 5,000 SF homes on lots up to 14,000 SF

Morgan Crest is situated in a highly desirable area of South Surrey, steps away from

the shops at Morgan Crossing and within minutes of beaches, golf courses, and

the US border. The exclusive community has something for everyone with 32 large

single-family homes in a variety of styles, and home sites ranging up 14,000 sq. ft.

All homes include a fully finished basement to expand your living and entertaining

space.Prices start just over $1 million including GST.

PRESENTATION CENTRE16780 22a Ave, South Surrey BCOpen daily 15pm (except Fridays)

SITE LOCATION27th Ave + 164thSt, South Surrey BC Marketed by:

www.benchmarkhomesltd.com

NOW SELLING

Ideal Location.Plenty of Choice.


SOUTH SURREY/WHITE ROCK

Every thing about Hycrof t is exceptional, from the well-thought-out f loorplans to the exquisite interior f inishes. Situated in South Surrey, these freehold, non-strata rowhomes give you all the advantages of a single-family home including walkout patios, fenced yards, f inished basements and a detached garage for the price of a townhome. This is a rare oppor tunity to live the dream without compromising your lifestyle or budget. Dont miss out.

QUALITY IN EVERY DETAIL Beautifully crafted 2200+ SF 4 bedroom rowhomes

Freehold ownership no strata fees

Located in the desirable Grandview Heights neighbourhood

Over 130 shops and services 5 minutes away

Close to parks, beaches, nature trails & golf courses

NOW 50% SOLD OUT!priced from $581,900

16467 24 Avenue Surrey BC V3S 0C4 604 541 2495 hycroftrowhomes.comAny pr ices exclude taxes. StreetSide Developments reserves the r ight to make modif icat ions and changes to the building designs, specif icat ions and features should they become necessary. F loor plans, elevat ions, room sizes and square footages are based on prel iminary archi tectural drawings and may vary f rom the actual buil t home. E.&O.E.

164 ST

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PHASE 3 SELLING



//Q&A

by SUSAN M BOYCE

Investing in Real Estate10 MINUTES WITH SEAN STEVENS

eres no question Metro Vancouvers housing marketing is a topic thats discussed, debated, and dissected at every opportunity. Report after report indicates 2015 sales are on track to be the highest on record in many years, and bidding wars on well-priced properties are reappearing with increasing frequency.

But its not just consumers looking for a home to live in keeping the market sizzling. Local investors on the quest for higher-yield alternatives to traditional bank investments like term notes or GICs are returning to the real estate marketplace. Some insiders even suggest that Vancouver real estate and, somewhat surprisingly, contemporary artwork, have become the new gold stable and secure as a place to keep your money safe.

is issue, New Home Guide chats with Sean Stevens, Macdonald Realty [Mn] in Vancouver, about some of considerations to be aware of if youre planning to add a revenue property, or two, to your investment portfolio.

Q:Most single-family homes are freehold while a townhouse is usually strata. What are some of the pros and cons that investors should factor into their purchase decision?A: One of the most obvious is the maintenance fee that comes with owing a strata property but there are two sides to this reality.

Firstly, that monthly expenditure will reduce the amount of mortgage youll qualify for. Its also an expense that comes o your bottom line income every month.

On the plus side, a new townhouse is essentially a turnkey investment everything is move-in ready and contemporary. You dont

Sean Stevens

Highland Park by Bogner: townhomes walking distance to Metrotown and SkyTrain.


have to worry about the cost or hassle of making sure the lawns mowed, the gutters are cleaned, and the fences are painted. For an investor who doesnt have strong handyman skills or who just prefers to be less hands-on, the convenience can be well worth the cost and its an expense that can be written o .

Q: So whats the ip side? What are the advantages a house o ers over a multi-family dwelling?A: For many people, a mortgage helper in a single-family home is the perfect stepping-stone into investment properties. ere are no strata fees to pay. Youre living in the house, so any maintenance thats required youd be doing in any case. And since the dwelling is your primary residence, youll still qualify for things like the rst time buyer exception on property transfer tax if your purchase is less than $475,000.

Just remember that not all municipalities allow rental suites, so be sure to check zoning and comply with all regulations before you count on the revenue from this option. Youll also need to talk to your insurance company.

Q: No matter why youre buying, the old adage is still true real estate is all about location, location, location. Are there special considerations to consider when purchasing an investment property? A: e key is to really think about who your market will be. Proximity to transit, parks, and shopping are important to most renters, but most people who rent a townhome or single-family are going to be families with children so proximity to well regarded, public schools will be a major consideration. For example, in Eastside Vancouver, a location in the catchment area for Charles Dickens Elementary may enhance the desirability of your property to prospective tenants.

Interestingly though, in extremely exclusive neighbourhoods like Shaughnessy or the British Properties, this may not come into play as much for two reasons. Many children will be sent to private school and there is less likely to be a strong rental market since most residents are

homeowners. Again, its about understanding who your market will be or if there even is a market for rental properties.

Q: If youre purchasing a new townhome or house, most developers o er upgrade options some so extensive it can be overwhelming. How important is it to have the latest and greatest designer nishings?A: Its always tempting to go for the fully loaded packages. Buying to live somewhere is quite di erent than buying as a rental property when you need to think about long- and short-term return on those extras.

For example, stainless steel appliances are now a de facto standard not having them will put you at a disadvantage when it comes to attracting tenants in any market. On the other hand, upgrading to genuine hardwood ooring as opposed to high-quality laminate typically has almost no impact on rental potential or the price you can charge, but the cost could be di cult to recoup when you sell.

Q: So what about the long term?A: While historically single-family properties outperform townhomes in terms of appreciation, your initial outlay will be more. at said, if youre planning to hold a property for ve years, 10 years, or even longer, the lower entry cost can make the di erence between becoming and investor and not. e biggest hurdle for most people is just taking that rst step. Once youve done your homework, crunched the numbers so you know youre not overstretching your budget, youre on your way.

Sean Stevens is a Vancouver-based realtor and project marketing. Connect at [email protected].

Cliffstone by Foxridge: single-family homes near Kanaka Creek in Maple Ridge.

Sakura by Castlehill Homes: executive townhomes near shopping and the prestigious Southridge Private School in South Surrey.

Canoe by Aragon: single-family, duplex and triplex-style townhomes in New Westminsters Port Royal neighbourhood.


SELLING BY PRIVATE APPOINTMENT

FINAL 7 HOMES! VISIT US TODAY



//HOME SMARTS

For some first-time homebuyers, the decision comes easily. Maybe its been your long-held dream to own a home, and youve succeeded in saving enough money for a healthy down payment. Or perhaps youre fortunate enough to have family financial support ease your entry into the housing market.

For others, the decision requires careful consideration. You may have concerns about financial obligation, the responsibility of upkeep or being tied down. Maybe youve just landed your first significant job, and the idea of home ownership has only recently taken root in your imagination. Or perhaps, like some of my clients, youve been renting for 20 years, and dread the thought of writing yet another cheque to help pay off the landlords mortgage but youre worried about biting off more than you can chew.

Numerous factors will influence your decision, but Id encourage the fence-sitters among you to consider two over-arching questions. Firstly, how strongly do you feel about owning your own home? While its possible to live perfectly well while renting a good space, many of us find that home ownership is important to our sense of comfort, security and identity.

Certainly, theres also a sense of satisfaction in watching your home equity (that is, the amount of the home that you own outright) increase with every mortgage payment. As a solid investment, a home is hard to beat: how many investments provide shelter and comfort to the investor up until the time of

sale? Finally, theres the big payoff ultimately, you will own your home outright, and monthly payments will be a distant memory. Thats a luxury that renters simply dont have.

This brings us to the second, more crucial question: can you afford it? Remember, your first home neednt be a palace. Assuming that youre steadily employed, and dont plan to move again shortly, the purchase of a modest home or condominium is nearly always a smart move. You may even find mortgage payments surprisingly affordable when set next to your rent.

Having said that, its important to consider additional ownership costs: property taxes, utilities, condo fees, insurance and maintenance. I strongly suggest that you talk with a mortgage broker or bank representative for help designing a realistic home budget.

I can assure you of this: if home ownership is close to your heart, youll find a way.

FIRST THINGS FIRST:

To own or not to own?

MARNIE BENNETT owns Bennett & Co., a boutique real estate

marketing firm providing a full range of marketing services to developers

and builders. She is also a broker and team leader of the Bennett Real Estate Professionals with Keller Williams Ottawa Realty. Email your questions to

[email protected]

by MARNIE BENNETT


SURREYA1. Dawson + Sawyer

Guildford The Great 15152 91st Ave 778-293-2222

A2. South Creek 18012 68 Ave 604.372.0388

A3. Clayton Market 64th & Fraser Hwy. 604-574-5735

A4. Panorama Station 5957 152nd 604-372-2275

A5. Brooklyn Village 5858 142 Street 604-593-3351

A6. Madison 14356 63A Ave. 604-543-6262

A7. Brixton 14433 60 Ave 604-503-0488

A8. Uptown Clayton Village 19525 73rd Ave. 778-574-0146

A9. The Rockwoods 16241 - 84th Ave 604-503-1188

A10. Fusion 13886 62Ave 778-578-9779

A11. Blackberry Walk 14271 60th Ave. 604-501-6119

A12. The Grove 68th Ave. & 194 St. 604-533-6968

A13. One 44 5888 144 Street 604-503-6402

A14. Highlands 6070 145th Street 778-565-7768

A15. One 92 6685 192nd St. 604-576-1772

A16. Evoque 152nd St & 60 Ave www.liveatevoque.com

A17. Silverwood 84th Ave. & 164th St. 604-953-0288

LANGLEYB1. Heritage

www.liveatheritage.ca 778-277-1611

B2. Exchange 7822 209th St. 604-535-8587

B3. York 84th Ave & 207A St 604-533-1415

B4. Keaton 7686 209 Street 604-882-3733

B5. Arcadia 208 St & 77A Ave 604-513-9090

B6. Lotus 208th St & 76th Ave 604-831-0800

B7. Hyden Canyon 61 Ave. & 244 Street 604-636-7082

FRASER HWY

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Tynehead Regional ParkTynehead Regional ParkGreen TimbersUrban Forest

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Reserve


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COMPELLING CREATIVE FOR TODAYS REAL ESTATE

STRATEGY

mobilE / AppS

SAlES CENTRES

iNTERACTivE

bRANdiNG

SiGNAGE


LANGLEYS HIDDEN GEM REVEALED

Developed by:Marketed by:

HOMES FROM 1.2 MILLION. Hyde Canyon is an exclusive and carefully planned community encompassing 64 estate homes woven into a magnifi cent natural setting.

Impressive views of the north shore mountains and acres of protected greenspace

connected by a scenic 3 km walking trail enhance the quality of life that thrives here.

Two accomplished Langley builders offering a complementary range of house styles

and fi nishing materials allow you to fi nd a home as unique as you are.

232 ST

240 ST

61 AVE64 AVE

NO.1 HWY

62A

N

REGISTER TODAY604 636 7082 hydecanyon.com


SURREY/LANGLEY

Murrayville House is an exclusive boutique collection of ninety-two, 1 & 2 bedroom homes, many with dens situated in the best location of Langley; Upper Murrayville. 5% down payment Interest rates at historical lows Use your tax return as down payment

Minutes from Langley Centre Close to all local amenities Steps to public transit

REGISTER ONLINE FOR MORE INFORMATION

MurrayvilleHouse.comFOR MORE INFORMATION CALL

Vince Pontaletta778.808.6563

Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer reserves the right in its discretion to make changes to the floor plans, project design, appliances, specification and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.

MARKETED BY

15

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53 Ave

Douglas Park

Portage Park

Langley City Park Newlands Golf

& Country Club

Kwantlen Polytechnic University

Langley SecondarySchool

US Border

Highway 1

Aldergrove

Langley Centre

WillowbrookShopping Centre

53 Ave

54 Ave

51b Ave

56 Ave56 Ave

DowntownLangley

Willowbrook Dr

1A

1A

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Langley RegionalAirport

Cloverdale

Kwantlen Polytechnic University Cloverdale Campus

48 Ave 48 Ave

52 Ave

50 Ave

52 Ave

N

SALES CENTRE 220-230 22196 50TH AVE, LANGLEY

FOLLOW USMurrayvilleHouse

DEVELOPED BY SALES BY

NOW SELLINGSALES CENTRE OPEN DAILY12pm-5pm (except Friday)

WE WILL PAYOFYOUR DOWN PAYMENT UP TO

1/2 $7,500*WE WILL PAY11///1/11/1/REGISTER

AT

JUNESPECIALONLY

REGISTER AT

JUNEMurrayvil

leHouse.com

* Based on 5% down payment and value of property up to $300,000


SURREY/LANGLEY


SURREY/LANGLEY

//ON THE HORIZON

on the horizon

Checking Out Whats Hot and New in the Lower

Mainlands Residential Marketplace and Beyond

by SUSAN M BOYCE

Got a new development youd like us to feature in On the Horizon? Drop me a note

at [email protected], and well do our best

to get you in the next edition.

Tell us YOUR NEWS

BennettVANCOUVER WESTSIDE TOWNHOMESSignage is up on the 5500 block of Oak Street in Vancouvers Westside for this new collection of townhomes by Listraor. An eye-catching combination of traditional brick and contemporary angularity, Bennett puts you walking distance to transit, cycle routes and the delights of VanDusen Botanical Gardens. A few short blocks to Eric Hamber Secondary School plus easy access to downtown Vancouver, UBC, and YVR.

For more information and to priority register, visit liveatbennett.com or call 604.418.6809. Sales anticipated to start this summer.

WillsbrookSOUTH SURREY TOWNHOMESComing this summer, Willsbrook is the first release at South Ridge Club, Aderas newest South Surrey community. The first of three phases, these 73 townhomes are surrounded by natural greenery and offer elegant, functional floorplans designed for contemporary families. Covered roof top gardens. At the heart of this experience is a private Clubhouse featuring an outdoor pool, full exercise room, multi-purpose gym, lounge, kitchen and movie theatre.

For more information and to priority register for more information as it becomes available, visit adera.com, call 604-582-1113, or email [email protected].

Creekside MillsCHILLIWACK SINGLE-FAMILY HOMESBrought to you by the folks who developed The Cottages at Cultus Lake, this collection

of single-family residences is designed for buyers who want to enjoy Chilliwacks natural beauty and lifestyle year-round. Priced from the mid-$400,000s, Creekside Mills is located at 1687 Columbia Valley Road.

For more information and to priority register, visit CreeksideMills.com or call 877.901.3134.

RiverSky2NEW WESTMINSTER TOWNHOMESResister today for an opportunity to own one of the extremely limited release of townhomes at this dynamic, riverside community in New Westminster. Excellent proximity to SkyTrain, shopping, and both the New Westminster Quay and River Market.

Previews now underway. For more information and updates, visit bosaproperties.com or call 604.522.2583.

Cedar LandingALDERGROVE TOWNHOMESInspired by its natural, West Coast surroundings, this collection of just 33, three-level townhomes offers contemporary, urban flair combined within a tranquil country setting. Two- and three-bedroom floorplans available. Priced from the high $200,000s.

Check it out at 2950 Lefeuvre Road in Aldergrove. For more information visit cedarlanding.ca or call 604.850.5040.

Steveston TownhomesNo official name, but this small, infill project is worth checking out for anyone who wants to live walking distance from the quaint charm of Steveston. Only 10 ownership opportunities, so call soon.

More information by calling 604.279.3839.



SURREY/LANGLEY

Sales Centre Open 12-5pm (closed Fridays)13886 62nd Avenue, Surrey

778.578.9779liveatfusion.com BY LAKEWOOD

FINAL PHASE JUST RELEASED!Net GST included for a limited time!

STOP DREAMING, MOVE IN TODAY!


SURREY/LANGLEY

Final Phase 6 Release

June 27th JRfm Live On

Location

Final Homes Coming Soon

Located in an established, family-friendly neighbourhood, close to Katzie Elementary, playgrounds, parks and shopping, The Grove also includes 9,100 sf of shared Clubhouse amenities with fitness centres, pool tables, outdoor heated pool, and more. We even have homes with parking for 3 cars. All excellent reasons to move quickly before our parkhomes are all gone. This will be one of the last new Clayton Heights developments.

Come by to tour our display homes today. thegroveatclayton.ca

*Prices and incentives are subject to change without notice. Prices exclude GST. The developer reserves the right to make modifications and changes without notification. Pictures, drawings and digital renderings are for illustrative purposes only and should not be relied upon. Speak to a sales representative for more detail. E. & O. E.

188 S

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Cloverda le

HILLCRESTVILLAGE

LANGLEYCENTRE

HOMEDEPOT

CANADIANTIRE

COSTCO

SUPERSTORE

EXTRAFOODS

HAZELGROVEELEMENTARY

CLAYTON HEIGHTS

SECONDARYKATZIE

ELEMENTARYPARK & POND

WILLOWBROOKMALL

EASTLangley Bypass to200th St, Left on 70th Ave, Left on 196th St,Right on 68th Ave

SOUTHLangley Bypass to200th St, Left on 70th Ave, Left on 196th St,Right on 68th Ave

NORTHHwy 1 to 200th St,Right on 68th Ave

WESTFraser Highway, Left on 68th Ave,or Left on 188th St,Right on 68th Ave

Sales Centre Open Daily | 12 5 pm (except Fridays) | 1 19433 68th Avenue, Surrey | 604.533.6968

MOVE-IN READY 2, 3 OR 4 BEDROOM PARKHOMES FROM $279,900

WITH INTEREST IN THE GROVE AT AN ALL-TIME HIGH, WERE GEARING UP FOR OUR FINAL RELEASE, WELL AHEAD OF SCHEDULE.

Why is The Grove selling out so quickly? Neighbourhood. Quality. Variety. And above all, value. Whether you are a 1st time buyer, a young family or downsizing, we have a parkhome that is perfect for you.


SURREY/LANGLEY

Size Matters! The largest townhomes in Langley. These well designed 1,383 1,957 sq. ft. homes come complete with high-end finishes offering the best value around. With dual ensuite sinks, large showers and powder rooms on the main floor, these homes are everything youve dreamed of.

At Keaton youre guaranteed to live large and save large!

Marketing & Sales byDeveloped byKeatonTownhomes.com

604.882.37337686 209th Street, Langley

Handcrafted 3 & 4 Bedroom Homes

starting from

3 Bed $329,9004 Bed $409,900

FIRST PHASE SOLD OUT!FINAL PHASE 50% SOLD!

MOVE IN THIS FALL

NEIGHBOURHOODBLOCK PARTY

JUNE 13 1 TO 3 PM

1 8473 163RD ST. SURREY OPEN DAILY NOON5PM, CLOSED FRIDAYSrockwoodsliving.com 604 503 1188

84 AVE

FRASER HWY

156

ST

164

ST

*The developer (Anthem Fleetwood 3 Developments LP) reserves the right to make changes to the information contained herein without notice. Promotions, prices and availability are subject to change without notice. Please contact a sales representative for details. E.&O.E.

VISIT US TODAY TO BE A PART OF SURREYS BEST SELLING TOWNHOME COMMUNITY

DISPLAY HOMESNOW FOR SALE

3 BED$350,9001,320 sfPLAN CMOVE IN TODAY

4 BED $414,9001,491 sf PLAN D MOVE IN TODAY

2 BED+ DEN$355,9001,186 sfPLAN A1 MOVE IN AUGUST

3 BED $369,900 1,245 sfPLAN B MOVE IN AUGUST

DISPLAYHOME

DISPLAYHOME

C M Y K

Anthem Rockwoods Rockwoods_PricingGridAd_NHBG_20150603.ai

04.06.15

03.06.15 LR

DOCKET # PROJECT FILE NAME

SIZEPROOF

INITIAL SETUP DESKTOP ARTIST

NOTES

SIGNATURE

OK as isOK with changesSupply new proof with changes

Material deadline - June 4, 2015 Publication: NEW HOME BUYERS GUIDE

d . m . y

d . m . y

Ad Size: 8 x 10 + .5 bleedFANT 0000

8 HOMES AVAILABLEFINAL OPPORTUNITY TO OWN

Net GST included for a limited time

5858 142 Street, Surrey Open everyday from 12-5pm (except Fridays)brooklynvillageliving.com | 604-593-3351

#BrOOklyNVillaGeSelliNGQuick! #HurryiN!

Move in ready homes available

Tell your friends. its that good.

RICHMOND

A1. River Green5171 Brighouse Way604-233-2633

TSAWWASSEN

B1. Tsawwassen Shores604-943-6677

NORTH DELTA

C1. Kaleido10735 84th Ave604-590-8818

RICHMOND / DELTA / LADNER / TSAWWASSEN

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Blundell Rd Blundell Rd

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Deas IslandRegional ParkDeas Island

Regional Park

Garry PointPark

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RichmondNature ParkRichmond

Nature Park

South ArmPark

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Cambie RdCambie Rd

RichmondCentre

RichmondCentre

LansdownePark Mall

LansdownePark Mall

No

3 Rd

A1

RICHMOND

North DeltaPark

North DeltaPark

Delta NatureReserve

Delta NatureReserve

MackiePark

MackiePark

ChalmersPark

ChalmersPark

75A Ave

Monroe Dr

Wiltshire BlvdSanta M

onica Dr

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Beach Grove Road

55 St

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8A Ave 8A Ave

18 Ave55 St

52 St52 St

Jackson Way

Beach GroveGolf CourseBeach GroveGolf Course

CoastTsawwassen Inn

CoastTsawwassen Inn

Grauer ParkGrauer Park

TsawwassenGolf Club

TsawwassenGolf Club

SplashdownPark

SplashdownPark

SouthDelta Park

SouthDelta Park

CemeteryCemetery

Boundary BayRegional ParkBoundary BayRegional Park

56 St56 St

12 Ave 12 Ave

English Blu Rd17

TSAWWASSENB1

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AAAAAAA


10735 84th Avenue, North Delta

Open noon to 6pm

(except Friday)

604.590.8818

[email protected]

DEL

SOM

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DELSOM CRES

NORD

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84TH AVE

112T

H STALEX FRASER BRIDGE HWY. 91

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OM W

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Welcome to Kaleido by Polygon, the final collection of homes available at the

landmark master-planned community of Sunstone. These striking three bedroom

Georgian-inspired homes feature contemporary layouts designed to meet the

needs of todays busy lifestyles.

NATURALLY CONNECTEDTOWNHOMES FROM $389,900


RICHMOND/DELTA/LADNER/TSAWWASSEN

//PROJECT PROFILE

by JANINE MACKIE

CITYHOMES at NorthgateGET YOUR LIFESTYLE ON IN TSAWWASSEN

Wondering where B.C.s next housing hot spot will be? With a new bridge, imminent Metrotown-sized shopping centres, and top-rated schools, Tsawwassen in South Delta is definitely on the radar.

It has it all, says local realtor Doug Lucier of Sutton Group-Seafair Realty. Beautiful parks and beaches, plus five golf courses in a six-mile radius. Nows the perfect time to buy a CityHome and take advantage of prices that wont be seen again here in Tsawassen.

Motorists are enjoying less time commuting with the opening of the South Fraser Perimeter Road: 20 minutes to Richmond, 25 minutes to the USA border and 30 minutes to Vancouver. As this sunny suburb near the ferry terminal becomes more accessible, its anticipated thousands of new residents will move here. Bidding wars have pushed prices up on detached homes, and its just a matter of time before prices start going up on condos and townhomes, says Lucier.

PRIVATE STREET-LEVEL ENTRYWith the recent launch of Century Groups new CityHomes at Northgate, first-time buyers can easily get into this desirable market with homes priced from $289,900.

Its a rare find in Tsawwassen. You have your own street-level entry, a landscaped courtyard and the lock-and-go lifestyle.

Now selling, the 41 homes are

woven into the quiet community, yet steps from restaurants and the South Delta Recreation Centre. Its timeless architecture features arched doorways, and dormers above the roofline include an attractive combination of natural wood, HardiPlank and stone.

For young families and professionals priced out of the Tsawwassen community, CityHomes provides plenty of options. There are six floor plans from 700 to 1,900 square feet on one, two or three-levels with secure, fob-controlled parkade access. The three-bedroom C-plan priced from $439,900 has ample space for kids and a home office, while the E-plan will impress discerning buyers with its exclusive parking access and third-floor media loft with skylights.

Theres lots of cool finishes Id love to show you, says Doug as he opens the door to the first of five showhomes.

BRIGHT, OPEN AND MODERN SPACES.Hot-water on demand, acoustic soundproofing, engineered oak hardwood, natural gas hook-ups on the patio and heated floors in bathrooms, are just a sampling of the standard features. From modern kitchens with two-toned cabinetry, quartz countertops and stainless steel KitchenAid appliances to hotel-inspired bedrooms and bathrooms, theres quality and distinction in every detail.

Come back home to Tsawwassen. CityHomes at Northgate is open every day (except Friday) from 12 to 5pm at 1708-55A St. Learn more at cityhomesnorthgate.ca or call 604-948-2345.


170855A STREET AT 18 AVENUE, TSAWWASSEN

CITYHOMESNORTHGATE.CA | 604.948.2345

A rare find in sunny Tsawwassen, CityHomes offer the perfect blend of condo and townhome living. Private entries mean no communal hallways. The variety of spacious open floor plans offers plenty of choice. Secure underground parking and minimal maintenance complete the lock-and-go lifestyle.

NOW SELLING PRESENTATION CENTRE OPEN DAILY 12-5PM (EXCEPT FRIDAY)

DISTINCTIVE DESIGN. 1,2,3 LEVEL HOMES WITH YOUR OWN STREET LEVEL ENTRY


RICHMOND/DELTA/LADNER/TSAWWASSEN

//MIND OVER MORTGAGE

by JORGE & ALISA ARAGON

JORGE & ALISA ARAGON

are Mortgage Experts with Dominion Lending Centres

Mountain View. They are active members of the Greater Vancouver Home Builders Association. Jorge & Alisa focus on the overall needs and plans of their

clients and then find the best mortgage to suit their needs. For more information visit YourMortgageSolutionsGroup.ca

or contact them at [email protected].

Coming out on topIMPROVE YOUR CHANCES, AND REDUCE YOUR STRESS, IN A MULTIPLE OFFER SITUATION

Whether you are a first time buyer, looking at buying a bigger house or downsizing, if you are looking at buying an investment property it is important to do it be prepared. This spring a sellers market is in full swing, which is more noticeable in certain areas of the Lower Mainland. With historically low interest rates, buyers are making the jump into homeownership, because for many, their mortgage payments will be less than what they are paying in rent. It is certainly a great time to get into the market. However, in a sellers market buyers find themselves in competition with other buyers to purchase a home.

Buying a home can be exciting but having to compete for it can add a lot more stress. In this case, a propertys asking price and what the property will sell for is quite different, and in most cases the selling price will be well above and beyond the listed price.

When a homebuyer goes into a multiple offer situation, they are less in control. As a buyer, you need to prepare yourself by doing work upfront and with the understanding that you might not get the property in the end.

During multiple offer situations, the seller is not obligated to negotiate or accept any of the offers. The seller has the liberty to choose the best offer to negotiate and they will accept the offer that best reflects


If your agent is aware of any information about the sellers situation and if you can be flexible in any way, take advantage of this opportunity that might help you get your offer accepted.

their needs. While price is important, that will not be the only factor they consider. They will also look at things such as subject conditions, completion and possession dates.

Here are some things you can consider and help you feel more in control of the situation when going into multiple offer situations:

Get pre-qualified by a Mortgage Expert One of the most important aspects of buying a home is knowing how much you qualify for. You will need to know what you are comfortable paying on a monthly basis but also what is the highest amount you can offer. While you might be qualified, the lender still has to approve the property you are buying.

Prepare and have all your documentation ready It is important that you provide your Mortgage Expert will all the documentation the lender is going to require upfront. Especially since time will be of essence, you dont want the added stress of getting documentation when you are in the middle of negotiations and during the subject condition period.

Having the right real estate agent It is critical that you have an agent that has your best interest in mind. As a buyer it is not your job to seal the deal, its your agents responsibility to know what is your limit and respect that. Dont let your agent try to upsell you on the price and encourage you to go above your budget. Its their job to research comparable properties in the area and advise you, but you are the one that makes the final decision. After all, its your money.

Set your boundaries Once you set your budget, stick to it. Determine how exactly how much you can go over if you end up in multiple offers. Dont get sucked in by emotion and peer pressure because in the end it can end up costing you a lot more money.

Consider doing a home inspection ahead of time - The buyer could consider your offer more readily if it doesnt include a subject to inspection clause.

Be flexible Winning a multiple offer situation might be as easy as agreeing to the sellers conditions such as closing dates, buying the property as is or even tightening the subject removal dates. This is important if the seller has already bought another property and is anxious to move on. By agreeing to make the transaction as easy as possible could mean winning over a more generous offer. When buying a property as is and limiting the subject conditions (such as requesting that a missing knob or floor tile be replaced) might work in your favour too. If your agent is aware of any information about the sellers situation and if you can be flexible in any way, take advantage of this opportunity that might help you get your offer accepted.

Write it down Perhaps you might want to write a quick letter to the seller explaining who you are and why you want to buy their home so much. Buying and selling a home is an emotional time for everyone, especially if the seller has lived in that home for a long time and raised their family there. Sometimes, its not about the highest offer but it can certainly also be about an emotional connection. Even though your offer might be lower than the others, some sellers might feel a strong connection to your story and decide that its not about the money but about someone who will really appreciate a great home!

Know when it is time to walk away Multiple offer situations can be stressful and sometimes listing agents strategically set the price of the home below market value to start a multiple offer situation. Make sure you stand firm.

Buying your home is about a great investment and you have to be smart about it. In the end, its about being comfortable on what you are paying a month and happy with the decisions you make. After all its about finding a home that will be a great place to start building equity and creating memories.


BURNABY

A1. Rivers Walk809 S Dyke Road(at Wood Street)Queensbourough604-533-3575

A2. Highland Park6088 Beresford St. 604-671-5565

A3. Thurston Street3748 Thurston St604-563-7001

NEW WESTMINSTER

B1. Canoe 260 Ewen Ave

aragon.ca604-544-2258

BURNABY / NEW WESTMINSTER

HASTINGS ST

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Oakland St Oakland St

CentralPark

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Deer Lake ParkDeer Lake Park

QueensPark

QueensPark

Squint Lake ParkSquint Lake Park

Burnaby MountainGolf Course

Burnaby MountainGolf Course

BurnabyMountain

Park

BurnabyMountain

Park

Barnet MarinePark

Barnet MarinePark

ConfederationPark

ConfederationPark

Burnaby Lake Regional ParkBurnaby Lake Regional Park

SFUSFU

BCITBCIT

BrentwoodMallBrentwoodMall

MetrotownMetrotown

LougheedMall

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Deer LakeDeer Lake

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University Dr W University Dr W

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Y O U R L A S T C H A N C E O N L Y 5 H O M E S A V A I L A B L E

Part of Anthems Neighbourhood Series 604.563.7001

The developer (Anthem Thurston Developments LP) reserves the right to make changes and modi cations to the information contained herein. Promotions, prices and availability are subject to change without notice. Please contact a developer sales representative for details. E. & O.E.

Feel goodabout yourhome onhome on

BDRMS SIZE MOVE IN PRICE

1033 SQ. FT $520,9002 BED MOVE IN NOW

1033 SQ. FT2 BED MOVE IN AUGUST

STUDIO 517 SQ. FT $269,900MOVE IN NOW

OUR FINAL DESIGNER DISPLAY HOME RELEASED FOR SALECall or come in today for your fi nal opportunity to own. Your two bedroom, two level walk up home at Thurston Street lives like a house and has enough room for your family to grow! Love your large kitchen and living area, chat with your guests as you prep the meal while they enjoy wine on the couch. Discover a fl oorplan that puts more house in your home.

PRESENTATION CENTRE3728 Thurston Street, BurnabyOpen Daily 12-5, except Fridays.

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517 SQ. FT


BURNABY/NEW WESTMINSTER

//NEIGHBOURHOOD SPOTLIGHT

by DIANE DUFLOT

BurnabyFRAMEWORK FOR THE FUTURE

Theres a buzz about Burnaby these days, and its all to do with ever-improving infrastructure with an eye to the future. Improvements in a citys framework are not one-size-fits-all, however, as a closer look at two Burnaby neighbourhoods will show.

EDMONDSThe new Edmonds Community Centre and adjacent Edmonds Park are attracting a lot of attention to the neighbourhood. These programs on offer here are quickly establishing it as a neighbourhood hub.

Given the number of services for young families in the area, its not surprising that the 2006 Census found the bulk of Edmonds population to lie in the 20 44 age range. Families love Edmonds for

its central location, new community centre and adjacent park, public library and accessibility to three elementary schools.

Partly due to its proximity to the City of Vancouver, Burnaby as a whole is not the cheapest suburb to live in. This holds true for Edmonds, where the real estate market consists largely of a mix of single-family homes, townhouses and condos. Close to a third (30 per cent) of owners spending more than 30 per cent on housing costs in 2006 (according to that years census), a rate that has likely only gotten worse.

Central Park

FROM HERE TO THERE, FROM THERE TO HERE Because its on Kingsway, its easy to get to and from Edmonds to just about anywhere on the Lower Mainland. This neighbourhood is also well served by public transit, as its right on the Expo and Millennium SkyTrain (Metrotown, Edmonds and Royal Oak Stations).

METROTOWNMetrotown is a shopoholics fantasy. Some of the bestand biggestmalls are located here. With Central Park within its borders, its also for those who enjoy all the best of the outdoors that the Lower Mainland has to offer. Because of the population density here and the easy access to public transit, its a great place for those who are civic-minded with an eye to the future to boot.

NEIGHBOURWHO? Due to its proximity to great shopping and public transit, this area is particularly popular with small families, students and young professionals, who can easily get to and from work downtown on the Skytrain, pick up anything they need (BFFs birthday present, bottle of wine, dinner) at one of the malls in the area, go for a run in Central Park and then call it a night in their cosy quarters.

Kingsway


EDMONDS

Edmonds Community Centre This newly built community centre is set to

become a neighbourhood hub. Theres an

indoor playground for tykes and two pools,

one 15 meters and the other 25 meters with

a 60-meter-long water slide!

Edmonds Park

Edmonds Park has newly built outdoor

facilities, which include a tennis court, a

multi-sport court and large lawn space,

perfect for a picnic. Theres also a plaza

meant for events and entertainment.

METROTOWN

Central Park Central Park is located at the western

border of Metrotown, and has such

amenities as tennis courts, an outdoor

swimming pool, a pitch-and-putt golf

course and Swangard Stadium at its

northwestern corner.

Caf JoieA little oasis of calm (despite the caffeine)

in this busy neighbourhood. Muffins,

macarons and delicious waffles are

well-deserved treats after a hard days

shopping.

See & Do

MALLS, MALLS, MALLS!As well as Metropolis at Metrotown, this neighbourhood is home to Old Orchard Shopping Centre and Crystal Mall. On top of this, the area has sprawling Central Park, as well as many smaller parks, including Kinnee Park, Maywood Park and Old Orchard Park.

The name of the game in Metrotown is high density, so youll find that the mix of high-rise apartments, condominiums and townhouses here is well served by nearby schools. There are two elementary schools within Metrotowns boders: Marlborough and Maywood Community, and high-school students from the area attend Moscrop Secondary School and Burnaby South Secondary School.

Slightly lower than average prices for these and accesssibility to public transit make this area popular with young professionals. If you live an active lifestyle and like being very close to a slew of amenities, then Metrotown just may be the neighbourhood for you. If, however, you dont like hustle and bustle of a commercial centre, steer clear of an area that is dominated by a colossal shopping mall, despite its proximity to an equally gigantic park.

Edmonds Park


LOOKINGFOR A NEW HOME?

Its only a tap away.

Find the perfect new home or condoin the neighbourhood that fi ts your lifestyle.

START SEARCHING NOW!

download the app visit us online

LOUGHEED HWY

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Mundy ParkMundy Park

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Colony FarmRegional ParkColony Farm

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Golf Course

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Derby ReachRegional ParkDerby ReachRegional Park

Golden EarsBridge

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Rocky PointPark

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PioneerMemorial

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MAPLE RIDGE

1. Nelson Peak 22850 136th Avenue nelsonpeakliving.ca

2. Wynnridge 11005 Buckerfield Drive 604-466-6388

3. Village Green 12161 237th Street 604-476-2292

4. Montgomery Acres 24405 112 Ave 604-477-2959

5. Myron's Muse 23651 132nd Ave 604-380-1801

6. Jackson Park 24406 102 Ave. 604-805-4669

7. Cliffstone 23915 111A Avenue 604-380-0045

8. Maple Heights Kanaka Way & 240th 604-380-1215

PITT MEADOWS / MAPLE RIDGEAAAAAAA


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PITT MEADOWS/MAPLE RIDGE

//IN THE NEWS

MOSAIC Takes the LEEDMOSAIC HOMES RECOGNIZED FOR SUSTAINABLE CONSTRUCTION PRACTICES ON CAMBIE CORRIDOR

MOSAIC Homes announced that its ELIZABETH development in the Cambie Corridor has been awarded LEED Gold Standard certification by the U.S. Green Building Council (USGBC), making it both MOSAIC and Metro Vancouvers first Built Green Gold Standard mid-rise home project.

The Leadership in Energy and Environmental Design (LEED) is the foremost rating system for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance. LEED acknowledges that sustainability should be at the heart of all buildings, and is recognized as the international mark of excellence for green building in 150 countries.

ELIZABETH is MOSAICs recently completed property of apartment homes including 41, one- and two-bedroom apartments on the Cambie Corridor. Situated just opposite Queen Elizabeth Park and in close proximity to both Oakridge and Cambie Village. ELIZABETH is also conveniently located on rapid transit along the Canada Line, leaving residents minutes away from both Vancouvers downtown core, and the YVR International Airport in Richmond.

The development achieved this LEED certification for its implementation of practical and measurable strategies and solutions aimed at achieving high performance in sustainable site development, water savings, and energy efficiency. The developments radiant in-floor heating, energy-efficient lighting, and low-flow plumbing are all achievements within the ELIZABETH project, as are systems compatible with alternative energy sources and a solar panel ready roof for future development.

Were very proud that our ELIZABETH development is the first mid-ride home project certified with LEED Gold Standard in Metro Vancouver states Geoff Duyker, SVP of Marketing at MOSAIC. We are currently under development or construction of another 250 homes on the Cambie Corridor to LEED Gold Standards, so this distinction is a proud recognition of MOSAIC commitment to creating a sustainable footprint and better homes for our customers.

This announcement is closely followed by MOSAIC Homes being awarded the Energy Efficiency Award in the Large Commercial Project category by Fortis BC for their commitment to energy efficiency at the FREMONT GREEN apartment

property within MOSAICs FREMONT master-planned development in Port Coquitlam. MOSAICs FREMONT currently represents the largest Built Green Gold new residential property under development in Canada.

For more information on MOSAIC Homes, please visit mosaichomes.com

ELIZABETH by MOSAIC Homes Becomes First Mid-Rise Home Project Certified with LEED Gold Standard in Metro Vancouver


Single Family Homes starting from the mid $500sDuplexes from $439,900

15 Homes SOLD Last Month

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Pick us up at over 750 convenient locations including:Safeway, IGA, Skytrain Stations, Community Centres and More.

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INSIDE THIS ISSUE




GRAND OPENING WEEKEND JUNE 20/21

Jun 12 - 26, 2015 Volume 05 Issue 12

INSIDE THIS ISSUE

LIVABLE DESIGN IN A DRAMATIC SPACE

NEW CHOICES IN RIVERSIDE LIVING

BOB RENNIE TALKS AFFORDABILITY

www.homedecorandrenovations.comwww.homedecorandrenovations.comMETRO VANCOUVER EDITION

VOLUME 14 ISSUE 2VOLUME 14 ISSUE 2JUNE - JULY 2015

www.homedecorandrenovations.comwww.homedecorandrenovations.comMETRO VANCOUVER EDITIONFREE

My House Design/Build/Team

MAKES A SPLASH WITH AN AMAZING BUNGALOW TRANSFORMATION

VIEW THE 2015 GVHBA PARADE OF RENOVATED HOMES

THE PARTYS OUTSIDE!WELCOMING OUTDOOR AREAS

240 St

Rainb

ow Creek

112 Ave

Kanak

a Way


PITT MEADOWS/MAPLE RIDGE

ABBOTSFORD Abacus Uptown LR 604-309-7155 From $109,900 inc net GSTBrighton TH 604 607-7801 From $269,900 Cedar Landing TH 604-850-5040 Fr. 274,900 inc net GSTEagle Estates SF 604-859-3141 From $599,900 Eagles Gate SF 604-309-7729 From $373,500Falcon Ridge SF 604-309-0540 From $789,000Foxwood SF 604-850-5040 From $524,900 Hudsons Loft 2 LR 604-864-8948 CallLift LR 604-557-1047 CallLuna TH 778-895-5862 From $289,900 Waterleaf LR 604-850-3694 From $179,000BURNABY Aldynne on the Park HR 604-451-9517 Call Altitude HR 604-456-8883 From mid $200sAviara HR 604-291-9130 CallBrentwood HR 604-563-8386 From $299,900 CentreBlock at Univercity HR libertyhomes.ca CallGold House HR goldhouseliving.com Coming SoonHighland Park Metrotown TH 604-671-5565 CallLift LR/TH 604-320-3386 CallMadison LR 604-299-1996 Coming SoonMet 1, The HR 604-899-8800 From $349,800Met 2, The HR 604-899-8800 Coming SoonMetro One LR 604-435-9477 CallMetro Two LR 604-435-9477 From $439,900Modello HR 604-456-0688 From $389,900Novella MR 604-536-5777 CallOakTerra LR 604-431-6033 Call Paddington Mews TH 604-438-9922 From $334,900Redbrick LR 604-527-7955 From Mid $200sSilver HR 604-435-8866 CallStation Square HR 604-438-1113 CallSubora LR 604-807-4353 From $279,900Thurston TH 604-563-7001 CallTrio LR 604-218-3338 From $249,900CHILLIWACK / SARDIS Camden at The Falls SF www.livethefalls.com From $389,900Centre Field TH 604-795-6938 From $242,900 Englewood Village SF 604-534-5079 From $249,900 Garrison Crossing SF/LR/TH 604-824-5062 Call Herons Landing 604-858-7179 From $269,900Jinkerson Vistas SF 1-877-858-2408 From $399,900 La Cason LR 1-800-830-7175 From $184,900 Radius LR 604-991-5151 From $149,900River Walk TH 604-

Documents

BC New Homes Guide - Jun 12, 2015