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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 210,000 homes across the Lower Mainland. A total of 5 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.
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BURNABY TRI-CITIES WEDNESDAY, JANUARY 20, [email protected] • 604-435-7977
Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most
up to date information on the real estate market, price, fi nancing and comparative
properties in your area.
Find your EXPERT Real Estate professional right here in REW.ca!
BURNABY TRI-CITIES WEDNESDAY, JUNE 8, [email protected] • 604-435-7977
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
Canadian Home Owners Struggling with Rising Cost
of Living: Survey
Donʼt Like Trump? REW.ca Invites US Celebrities to
Move to Canada
If Micro-Units Are theAnswer, Financing is
the Question
R E A L E S T A T E W E E K L YR E A L E S T A T E W E E K L Y
ANGELA JORGENSON604.710.1452604.710.1452www.angelajorgenson.com
814 MACINTOSH STREET, COQUITLAMWelcome your family home to this ABSOLUTELY STUNNING, 6 bedroom home PLUS ADDITIONAL 2 bedroom basement suite. IMPRESSIVE layout offering SUPERB FUNCTIONALISM on every level. GORGEOUS outdoor living space featuring a COZY fi replace & kitchen allowing for FABULOUS entertaining! Your VAULTED MASTER bedroom offers a MARVELOUS ensuite & BEAUTIFUL balcony. The main fl oor affords a GREAT guest bedroom with it’s own full bathroom. Your basement creates the PERFECT space for a rec room complete with wet bar as well as a 2nd guest bedroom. Parking is not a problem here as your TRIPLE CAR GARAGE will accommodate all your vehicle needs as well as ADDITIONAL PARKING for your suite. This home will defi nitely not disappoint!!
OPEN HOUSE: SATURDAY, JUNE 11 & SUNDAY, JUNE 12, 1-4PM
$2,348,888 GST included in price
Brand New Modern Design Home!Brand New Modern Design Home!
Sutton Group - 1stWest Realty
•2 REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016
SussexSussex
20152015 20152015
#10 Royal LePage Realtor in BC 2015#10 Royal LePage Realtor in BC 2015#1 Royal LePage Realtor for Tricities in 2015#1 Royal LePage Realtor for Tricities in 2015
MonetTYLERTYLER
[email protected] ❚ 604.763.4307 ❚ www.monettyler.com
The Market is is HOTHOT!!
Call me if you'rethinking about selling!!thinking about selling!!3414 Devonshire Avenue $1,398,000
2 Kingswood Court $2,288,000 25-2000 Panorama Drive $538,00046-55 Hawthorn Drive $685,000
1241 Ellis Drive, PoCo $848,000
4 Aspen Court $1,578,000
SOLD SOLD
SOLD SOLD
SOLD
SOLD
SOLD FORSALE
COMINGSOON
Brookside RealtyChad August
604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM
11920 228TH STREET $2,660,000ATTENTION DEVELOPERS
5 GREAT REASONS TO COME TO MAPLE RIDGE1. Size = Just under one acre 2. Zoning = Highrise potential 16-19 storeys3. Location = Steps to town centre and malls4. Value = Compare to other areas5. Profit = Call me and I will show you how
Call today for an information package
#105-11566 224TH ST $299,900NEW LISTING
- 2 bed, 2 bath, Large wrap around ground floor patio -Yard- 1 parking 1 locker, immediate occupancy
#306-11580 224TH ST $308,900NEW LISTING
- 2 bed, 2 bath, Amazing River views- 1 parking, 1 locker , walk to w.c express
402-12020 207A $299,900NEW LISTING
• Incredible 2 bed, 2 bath, 2 parking stalls• 10 ft ceilings and amazing open concepts• Great location, just steps from all West Side amenities
26425 121ST AVE, MAPLE RIDGE $1,599,900UNDER CONSTRUCTION
- 4 bed, 4 bath, 5200sq ft master on main- 1 acre lot in prestigious forest hills- Rare detached shop/garage - Only the best in material and finishings
V1143168V1143168
#407-12083 92A AVE $249,900NEW LISTING
- 2 bed, 2 bath, top floor- Southern exposure large patio- Absolutely immaculate inside, well maintained- Close to skytrain (Queen Marys Park)
R206518R206518
JUST SOLDJUST SOLD
PRIME OCEAN VIEW DEVELOPMENT PROPERTY
1601 BARNET HIGHWAY, PORT MOODY B.C. LIST PRICE: $3,800,000
604.240.1647 [email protected] www.theokefalas.com
HomeLife Benchmark Realty Langley
A RARE GEM! Three consolidated ocean view lots! Beautiful Burrard Inlet ocean view property offering potential for re-development (subdivide to 2 lots within the current zoning, or apply to rezone to 3 single family lots, or townhomes to match the neighbouring properties). The property features a solid West Coast Contemporary home of approximately 3200 square feet that may earn up to $3600 per month. This property is in a prime location near parks, beaches, marinas, trails, recreation, rapid transit, restaurants, pubs, and shopping, with super quick access to Vancouver and all
amenities. Check www.theokelafas.com for the property
video and more photos.
$3,800,000 MLS:R2073670 SIZE:13,778SQ.FT.
REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016 3•
Over 26 years of award-winning sales and service!Let’s talk about real estate: www.dawsonrealtyexperts.com
Brokerage: Royal Pacifi c Realty Corp.MarkDEANS
SherylDAWSON
AliceLIN
Mark 604.328.7891 | Sheryl 604.209.3118 | Alice 604.617.6821
This is family living at its best! Located on a quiet corner lot in the prime Cottonwood area this home is fantastic! Cozy fi replaces, 3 bdrms + family room + games room up + den + recreation room down + 1 bdrm suite down with separate entrance. Suite has its own laundry. This home is an entertainers dream! A must see! Gourmet kitchen with Wolf gas stove, family sized fridge etc.& a backyard offering a full inground pool with newer liner & portable security fence, custom pergola with built-in BBQ kitchen. Lots of privacy! A pleasure to show! Call us today. OPEN HOUSE SAT & SUN 2-4 PM
NEW LISTING - 11898 236B St. Maple Ridge!FANTASTIC FAMILY HOME WITH POOL & OUTDOOR LIVING! ASKING $899,000!
One in a million! A gorgeous, spacious, 4 bdrm (could be 5 or 6) & 5 bath (4 ensuite) family home where every detail has been lovingly considered. Features inc. white oak fl ooring, overheight ceilings, gourmet kitchen & spa inspired master bath. Bright, fully fi nished basement, over height 2 car garage. Fantastic fl ow to S facing backyard and covered patio. Priced to sell! Seller has job transfer. Home next door sold in March for $918,645 inc. GST. No GST here! 2-5-10 New Home Warranty for peace of mind. Quick Completion possible. MLS R2058859 OPEN HOUSE SUN 2-4 PM
24696 100A Ave Maple RidgeOUTSTANDING FAMILY HOME OVERLOOKING GREENBELT! $899,900!
THINKING OF SELLING? PUT OUR EXPERTISE TO WORK FOR YOU!CONTACT US FOR A FREE PROPERTY MARKET EVALUATION!
OPEN HOUSEOPEN HOUSESAT & SUN 2-4 PMSAT & SUN 2-4 PM
604-689-8226 Yaletown
604-336-3539 Main Street
604-263-1144 Kerrisdale
www.dexterrealty.com
Taking ourListings Global
$1,188,000
FANTASTIC VIEW LOT!VIEW...VIEW...VIEW...Fantastic property in the desirable area of Cape Horn with HUGE VIEW LOT over 10,800 sq.ft. Main level offers living room, dining room, kitchen, 3 good sized bedrooms. Enjoy breathtaking views on the wrap-around balcony overlooking the Fraser River and Port Mann Bridge! Lower level offers a 1 bedroom suite on one side and a large workshop/storage area on the other. This home requires signifi cant renovations/ TLC or is a perfect opportunity to buy and build your dream home! Centrally located, close to Hwy 1, minutes from Burnaby, Vancouver, and Surrey. Don't miss out on this one!1985 WILTSHIRE AVENUEMaria Zavaglia 604-202-4124
NEW LISTING
$369,000
HIGHGATE LIVING WITH YALETOWN LIFESTYLE2 bed, 1 bath corner unit designed for entertaining. Open concept kitchen with quartz counters, wall oven & microwave. Mountain views! Automated AV System.901-7235 SALISBURY AVENUENick Moroso 604-562-6106
NEW LISTING $228,800
COURT ORDER SALE!COURT ORDER SALE - ATTENTION RENOVATORS AND INVESTORS - FANTASTIC DOWNTOWN NEW WEST CONDO being sold "As is, Where is". This bright, large, one bedroom unit is completely ready for ALL your fi nishing touches – in a cat-friendly (no dogs), modern and well maintained fully rainscreened strata building. Private ground level patio and garden area. Complete this unit yourself for immediate up-side potential. Amazing central location blocks away from all amenities on an outstanding tree-lined street! The Buyer/s should independently verify all listing information. Unit is tenanted and diffi cult to show – please give at least 48 hours’ notice to view104-210 Carnarvon StreetDavid Young 604-263-1144
NEW LISTING
$250,000
AMAZING LOCATION!2 Bed/2 Bath - Located in the heart of North Coquitlam! Nearby to schools, transit, Coquitlam Centre, Lafarge Lake and new Evergreen Skytrain.114-1148 WESTWOOD STREETMike Dente 604-354-1084
PRIVATE SHOWINGS$1,099,000
WELL KEPT FAMILY HOMEFamily home in the heart of Highgate Village. 33 x 120 R5 lot with landscaped front and back yards. Could be yours to call home or to build your dream home!
6867 SALISBURY AVENUEThe Go Team 604-263-144
NEW LISTING
OPEN SAT/SUN 2-4PM
604-318-1188
[email protected] MACDONALD REALTY LTD.
The only way you become more successful is making others more successful.Giving will always start the receiving.
Valerie Berg604-318-1188
$1,350,649NEW LISTING
3825 Dubois St., Burnaby“Suncrest” Well kept split level. Approx 1950 sqft home on large 8113 sqft lot with lane access. New roof 3 bed 1 bath with recroom double carport nice quiet street . Call Valerie today 604-318-1188
$146,649NEW LISTING
311 910 Fifth Ave., New West Remodelled top fl oor 2 bedroom condo in New West uptown area. Remodelled kitchen, bath, newer carpet and brand new laminate. small dog or cat ok no rentals Adult orientated but no specifi c age restriction Covered secured parking and storage locker maintenance of 263.00 includes taxes heat and hot water . Call Valerie 604-318-1188
Open Thursday June 9th 5-7 June 11th Sat 12-2 1st showing Thursday June 16th 5-7 & June 18th Sat 1-3
Looking for a New Brokerage?Receive the highest level of support from ourexperienced Managing Broker.
NO FRANCHISE FEES
THREE EXCELLENT FEE PLANS
STRONG SUPPORT
Contact Roloff at 604-782-7327 orroloff @evergreenwestrealty.comRoloff Veld
Managing Broker206-1120 Westwood Street, Coquitlam BC, V3B 7K8T: 604 942 1389 www.evergreenwestrealty.com
IN PRINT AND ONLINE
Your go-to source for the latest Lower Mainland listings,
news and advice
•4 REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016
MARNI TRITT604.537.5977
SHANNON EZEKIEL604.767.6166
L6
westcoast realty
7120 Ridge Drive, Burnaby $2,388,000
Unrestricted water & mountain views, on a 7628 SF lot, this beautiful custom built home in Burnaby's Westridge neighborhood is a must see. 4565 SF of living space & high quality European fi nishing features 9' high ceiling, beautiful hardwood fl ooring & tiles, crystal chandeliers, gourmet kitchen w/high end appliances, and granite countertops. Offi ce on main can be used as a bedroom. Additional highlights include A/C, HRV, home security system w/camera, real stone inside & out plus a state of the art steam room. 4 bedrooms up all ensuited with large closets. Bsmt includes one 2 bedroom mortgage helper with the option of a second one bedroom suite. Close to great schools. Call now to see this beautiful home.
www.marniandshannon.com ■ ■ ■ [email protected]
GREG FINLAY604.351.5631 gregjfi [email protected]
seafair realty
Best Value Condo in Tsawwassen!#101-1153 54A Street ◆ $369,900
Charming ground fl oor corner unit. Two spacious bedrooms and two full baths fl ank the eat in kitchen and living and dining room. These boast 9 foot ceilings, a gas fi replace and access to over 200 sq. ft. of outdoor space on two private patios. East and south exposure lets the light shine on the brand new fl oors. Walking distance to shops and services. Five minutes to the soon to open largest Mall in B.C. This is a “sweet” suite!
Your essential guide to condo life in the Lower MainlandNeighbourhoods | Stats | Buying | Décor | Investment Advice
And the hottest new developmentswww.westcoastcondominium.ca
Sutton Seafair Realty604.946.1255
Barbara Rysz604-512-7022 [email protected] ~ www.barbararysz.com
4501 44A Street, Ladner$958,000
IMMEDIATE POSSESSION!!!Long time owners have lovingly maintained
this family home just for you! The roof, windows, hot water tank,
furnace has all been replaced.JUST MOVE IN AND ENJOY.
sutton seafair realty100-5000 Bridge St., Delta
REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016 5•
ANGELA JORGENSON604.710.1452www.angelajorgenson.com
Sutton Group - 1stWest Realty
Brand New Modern Home Design!814 MACINTOSH STREET, COQUITLAM
Welcome your family home to this ABSOLUTELY STUNNING, 6 bedroom home PLUS ADDITIONAL 2 bedroom basement suite. IMPRESSIVE layout offering SUPERB FUNCTIONALISM on every level. GORGEOUS outdoor living space featuring a COZY fi replace & kitchen allowing for FABULOUS entertaining! Your VAULTED MASTER bedroom offers a MARVELOUS ensuite & BEAUTIFUL balcony. The main fl oor affords a GREAT guest bedroom with it’s own full bathroom. Your basement creates the PERFECT space for a recroom complete with wet bar as well as a 2nd guest bedroom. Parking is not a problem here as your TRIPLE CAR GARAGE will accommodate all your vehicle needs as well as ADDITIONAL PARKING for your suite. This home will defi nitely not disappoint!
OPEN HOUSE: SATURDAY, JUNE 11 & SUNDAY, JUNE 12, 1-4PM
$2,348,888 GST included in price
• Move in ready
• GST included in purchase price
• 2 bdrm, legal suite with private entrance
• Modern, fresh and bright contemporary design
• Fully fenced and landscaped
• Sought after area and quiet street
•6 REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016
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REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016 7•
FortisBC uses the FortisBC name and logo under license from Fortis Inc. (16-121.6 04/2016)
Jim’s testing the watersHe does the work. You get the benefits.As FortisBC’s innovative technologies manager, Jim tests new energy-saving technologies that one day may help our customers. The success of his water heater pilot led to our ENERGY STAR® Water Heater Program. So you can upgrade your water heater and get a rebate — plus save energy costs for years to come.
That’s energy at work.
fortisbc.com/watersavings $1,000 R E B AT E
UPTO
•8 REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016
VANCOUVER LUXURY.
ABBOTSFORD PRICES.
Presentation Centre is now open daily (except Fridays)
from 12 – 5 pm at 2180 Gladwin Road,
Abbotsford.
GENEROUSLY SIZED674 SF TO 1,680 SF*
FROM THE HIGH $200’S
MAHOGANY, A SPECTACULAR NEW COLLECTION OF LUXURY HOMES. WITH 26 STOREYS OF CONCRETE CONSTRUCTION, INCREDIBLE VIEWS AND GENEROUS AMENITIES OVERLOOKING BEAUTIFUL MILL LAKE.
Marketed by GLOBEWEST - Multiple Realty Ltd. and Quantum Realty Inc. Managed by the Quantum Properties Group of Companies.
LIVINGMAHOGANY.COM 778.255.9990
60% SOLD OUT
REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016 9•
•10 REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016
Nestled on the hillside at Simon Fraser University,
Veritas by Polygon is a limited collection of one
plus den and two bedroom apartment residences
in the unique campus community of UniverCity.
Enjoy mountainside living in an environment of
academia and nature, with move-ins this year!
Two bedrooms priced from $389,900
HigherLiving.HigherLearning.
8999 Cornerstone Mews, Burnaby
Open Noon to 6pm Daily (except Friday)
604.298.9965 [email protected]
NOW OPEN
REW.ca » BURNABY / TRI-CITIES » WEDNESDAY JUNE 8, 2016 11•
OVER 90% SOLD
LIVING TOTHE FULLEST
3096 Windsor Gate, Coquitlam
Open Noon to 6pm daily
(except Friday)
604.942.8416
The Lloyd by Polygon, the newest collection of high-rise homes
in Coquitlam’s master-planned community of Windsor Gate.
A rare combination of seamless architecture, picturesque streets
and a stunning private clubhouse set in a convenient central
Coquitlam location. Priced from $485,900.
POLYGON LLOYD TOWER LTD.
POLYGON WINDSOR GATE LTD.
FOR MORE INFORMATION VISIT POLYHOMES.COM
BURNABY • TRI-CITIES
Looking for a newhome? Start here.
R E A L E S T A T E W E E K L Y
W E D N E S D A Y , J U N E 8 , 2 0 1 6
I n P r i n t > O n l i n e > Y o u r c o m p r e h e n s i v e s o u r c e f o r l o c a l r e a l e s t a t e n e w s a n d l i s t i n g s
The “fear of missing out” is one of the key factors driving buyers to snap up all available listings,
resulting in the “frenzied” real estate market so far this year, according to a quarterly report by Urban Analytics on behalf of the Urban Development Institute.
UDI’s Q1 2016 State of the Market report, released this week, said, “While the current local economic fac-tors seem reasonably strong, anecdotal analysis would suggest that the robust sales activity in the real estate sector of late can also be attributed to a ‘fear of missing out’ sentiment among pro-spective buyers in the marketplace.”
The report, which examines new home sales and housing starts in Metro
Vancouver, observed that the local new home market set new records in 2016’s fi rst quarter.
“A combined total of 6,231 newly built multi-family home sales were recorded in Q1 2016, up 18 per cent from the previous six-year record set last quarter. Frenzied home sales activ-ity across the region has resulted in new lows for released new home inven-tory. At the end of the quarter, there were only 3,010 new multi-family homes available to purchase, down 64 per cent from the released 8,260 units recorded in Q1 2015.”
It added, “The townhome sector con-tinues impress, with a record 1,268 sales reported in Q1 2016. Based on the 227 released and unsold new town-
home units reported at the end of the quarter, there is an estimated two weeks’ supply of this product type in the market. Strong townhome sales can be attributed to a growing number of prospective purchasers seeking a family-oriented housing form and can no longer afford a single family home in the neighbourhood of their choice.”
The authors pointed to an overall increase in Metro Vancouver’s net pop-ulation in 2016’s fi rst quarter, up 7,200 people – although it noted that this is a slower rate of growth than the same period in 2015. It said this overall increase was attributable to a rise in interprovincial migrants, since international migration was negative in the quarter.
The report added that housing starts in the quarter were up 13 per cent year over year, resulting in the current ratio of 1.9 new Metro Vancouver residents per housing start, down from the 2.3 recorded in Q4 2015. “While this ratio is still considered to be healthy, it matches the previous four-year low and should be monitored closely to see if a potential trend is establishing,” reported the authors.
To read the full report, which includes detailed breakdowns of the Metro Vancouver housing market by property type and sector, go to udi.bc.ca/policy/publications
“Fear of Missing Out” Partly Driving Vancouver’s Hot New Home Market: UDI Report
