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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 450,000 homes across the Lower Mainland. A total of 11 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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COQUITLAM PORT COQUITLAM PORT MOODY FRIDAY, JULY 17, [email protected] • 604-435-7977
R E A L E S T A T E W E E K L Y
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!
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
Vancouverʼs $1m-plusHome Sales Rise 48%:
Sothebyʼs
How to Choose the Right Mortgage Term
for Your Needs
Don Campbell: Avoid Taxation Grey Areas
of Property Flipping
Those buyers struggling to enter the Vancouver market need look no further than nearby Fraser
Valley neighbourhoods, where great value can still be found – for now at least, according to a panel of real estate experts.
Speaking at the Urban Development Institute’s recent lunch panel event at the Sheraton Guildford, best-selling real estate investment author Don Campbell said, “You’ve all seen the aff ordability campaign #Don’tHave1Million. But when you start peeling the onion and look-ing at the facts, you’ll see that you ‘#Don’tNeed1Million’ if you’re buying in the Fraser Valley.”
The senior analyst of the Real Estate Investment Network said that the demographic shift of Millennials entering the real estate market over the next few years, which are as numerous as baby-boomers, would change the housing market.
He told the largely baby-boomer-aged audience, “Remember we pro-
tested everything too, in the Sixties? And now the Millennial generation is coming, and they’re exactly like us. And they don’t need $1 million. They’ve got your $1 million. That may sound facetious, but that’s what’s happening.”
Brian Yu, BC regional economist at Central 1 Credit Union, told delegates in his economic outlook presentation that he expects the low-interest rate environment to continue until late 2016, keeping mortgages aff ordable and real estate purchases attractive. “The picture we’ve seen this year, you can expect to continue well into next year, in our view,” said Yu.
He added that Credit 1 Central Union didn’t believe there was a problem with real estate specula-tion in the Lower Mainland, say-ing, “There hasn’t been a specula-tion problem here since 2005” and
supported the recent BCREA report arguing that foreign investment is unlikely to be a key factor in house price rises.
Yu also said that the Lower Mainland would continue to see interprovincial migration and eco-nomic uplift increasing the popula-tion and adding to the pressure on the land base and housing demand. “We’re expecting to see 5 per cent growth in housing starts this year, 4 per cent growth next year, as the conditions are very favourable.”
He concluded, “If you’re looking for a condo, there are still opportu-nities in the Metro Vancouver area but if you want a single-family home with a white picket fence, then you are going to be looking east, at the Fraser Valley.”
Robyn Adamanche, principal of market analysis at the CMHC, said
that rapid growth in the number of households in the Fraser Valley would further contribute to rising housing starts and real estate sales in the region over the coming years. She said that 8,510 new households were expected to form in the Fraser Valley each year, including nearly 3,000 a year in Surrey, more than 1,300 in Langley and more than 1,000 a year in South Surrey/White Rock.
She added that despite rising sales, the price of condos in the Fraser Valley are not increasing rap-idly and have still not recovered pre-recession prices.
The fi nal panelist, Scott Brown, president of Fifth Avenue Real Estate Marketing, said, “The theme song for this year’s Fraser Valley market lunch should be ‘The Future’s So Bright, You Gotta Wear Shades.”
He said that townhomes were a dominating trend in the Fraser Valley, citing that 60-70 per cent of all Lower Mainland townhome sales are in the Fraser Valley.
Population Growth, Ripple Effect Driving
Fraser Valley Market
•2 REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015
Top 1% of Realtors for 2014Top 1% of Realtors for 201420142014 2014201420142014 20132013
[email protected] [email protected] www.monettyler.com
SussexSussex
604.763.4307604.763.4307
TH4-2789 Shaughnessy St. $650,000#87-55 Hawthorn Drive $549,800 10 Hickory Drive $988,000 #906 9222 University Crescent $478,000
57 Fernway Drive $838,000
NEWLISTING
526 April Road $1,188,000
NEWLISTING
1326 Fifeshire St., Burke Mtn $1,038,000
NEWLISTING
1503 Southview St., Burke Mtn $1,188,000
NEWLISTING NEW PRICE
164 Maple Drive $1,198,500
SOLD
55-2200 Panorama Drive $538,000
SOLD
Sutton Group - 1st West RealtyAN INDEPENDENT MEMBER BROKER
604-942-7211www.sutton1stwest.com
YourExperienced
Local Realtors
Ted Yeoh604-377-0186
Peter P.T. Chan PREC604-351-2833
John Panrucker604-230-7390
Lee Yau [email protected]
Surp Rai604-763-5263
Glen Klassen604-220-4408
1860 RIDEAU AVE, COQUITLAMImpressive Brand New Luxury Home at its Finest! This beautiful south-facing home is designed with open concept fl oor plan, high ceilings and Spectacular H/E fi nishings that include In-Floor heating, Quartz counters, engineered h/w fl oors, kitchen w/island & extra spice kitchen. High end S/S appliances, Crystal Chandeliers, & loaded with tons of windows, making it feel boundless. Additional 1 Bedroom legal suite w/separate entrance. Huge Recroom with Wet bar and media room with 7.1 built-in surround sound system. Upstairs offers 4 generous bedrooms w/oversized master featuring vaulted ceilings, Large W/I Closet & master bath retreat. For more information, please call John Panrucker 604-230-7390
$1,698,000
Vivian [email protected]
OPEN SUN 2-4 $432,500
SPACIOUS TOWNHOMESpacious 3 bdrms, 3 baths, 3 level end unit townhouse, conveniently located minutes away from Coquitlam Town Centre, T & T Superstore, Recreation Center, Aquatic Center, City Hall, Library, parks, schools (incl Douglas College), transit and future Evergreen Line station. Newer roof, and gutters in this family oriented complex. Situated in a greenbelt, this home is ideal for young growing families, retirees, and investors. Hurry and call for a private showing before it’s gone! #28-1216 Johnson St.
$329,000
BURQUITLAM STATIONSEDONA, well maintained 2 bed / 2 bath concrete low rise in Burnaby/Coquitlam border. Steps to all amenities including new Burquitlam skytrain station. 204-522 SMITH AVE.
New Listings Direct to Your Inbox
GET YOUR FREE PROPERTY ALERTS
REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015 3•
RE/MAX Sabre Realty
www.SteveMarshall.cawww.SteveMarshall.caSteve Marshall Steve Marshall 604.671.9999604.671.9999
With over 20 years of Award Winning Service
The Seniors Real Estate Specialist
118 - 2960 Princess $199,900New Listing
Ground Floor on Greenbelt• Spacious clean 1 bdrm• Open design w/ gas fi replace• Private covered deck• Walk to skytrain & Coq. Ctr.• Pets Ok, private entrance
1232 Ioco $1,150,000New Listing
Fantastic Inlet Views• 4 bdrm, 2 level VIEW home• Private hedged 50x150 lot• Exceptional water view• “Stanley Park” backyard • Quiet, low side of Ioco Rd.
1601 Wilson St. $589,900Merritt, BC
Buy an Apartment Building• 11 units, 7 one bdrm & four 2 bdrm• Fully rented, located across from a park
• $70,000 gross revenue• Merrittʼs diversifi ed economy is growing• Manage it yourself or hire a pro!
213 - 19673 Meadow Garden $269,500South Facing
Live at the Golf Course!• 2 bdrm & den CORNER unit at the Fairways
• Spacious 1140 sqft OPEN layout• Large kitchen w/ S/S appliances, granite counters
• Great investment- rentals OK• BONUS 2 parking stalls
• 308 SALES AWARDS SINCE 1984 • REBGV LIFE MEMBER WESTCOAST
www. .com
105 Sales so far in 2015!
OUTSTANDING AGENT ... OUTSTANDING RESULTS
CUSTOM BUILT 6-BDRM HOME612 LINTON STREET
$1,550,000 CENTRAL COQUITLAM BEAUTY! 6840 sq ̓ (approx. 52ʼx131ʼ) east facing lot. Luxury custom built 2-storey + basement family home in SHOW-HOME CONDITION. 5179 sqʼ. 6 bedrooms, 6 full baths. GRAND FOYER & LIVING ROOM WITH HIGH CEILING. Spacious kitchen + WOK KITCHEN with top-of-the-line appliances. Engineering wood fl ooring, Italian marble tiles, granite countertops, home theatre, air conditioning, video security system, etc. 2-BEDROOM LEGAL SUITE + KITCHEN IN BASEMENT WITH SEPARATE ENTRANCE.
POCO LIVE/WORK ECC CENTRE
1103 CONFEDERATION DRIVE$1,168,000 ESTABLISHED 18-YEAR EARLY
CHILDCARE CENTRE in Citadel Heights, a young family neighbour-hood requiring good daycare facil-ity. Building has 5329 sq ̓ of which 3690 sq ̓ is for SCHOOL & 1639 sq ̓up is for LIVING QUARTERS. 5635 SQ ̓ CORNER LOT provides plenty of parking. RUN YOUR OWN CHILD-CARE BUSINESS & PAY YOUR OWN MORTGAGE INSTEAD OF RENT! Zoned residential. HUGE BARGAIN WITH BUSINESS INCLUDED!
Jim Isherwood604-250-7755
Nicole Jackson604-467-5000
11933-224 Street, Maple Ridge • 604-467-5000
$237,900, No GST
CASCADA#101 - 11566224th Street
Maple Ridge
• Perched above the mighty Fraser River• Spectacular waterfront and mountain views• 2 bedrooms - large patio/yard area• Quartz countertops and stainless steel appliances• Walk to West Coast Express
$599,800• Very private 3 bed rancher on 2 acres• Bright kitchen, sep. dining & living room has double sided fi replace• Approx. 1 acre is fenced & landscaped w/2 road frontages on Garibaldi• 2 garden sheds & small barn w/fenced poultry area• Covered deck overlooks Kanaka Creek• 5' crawl space. Dbl garage
#1003 12069Harris Road
Pitt Meadows
$1,368,000• Luxury living & ultimate condo package• Over 2200 sq.ft. of living space in concrete & steel constructed
building• Features extra ceiling height, fl oor to ceiling windows & spectacular views!• Kitchen has only the best of the best• Massive room sizes, full laundry room, 2 master bedrooms & balconies• Must be seen to be appreciated!
$604,900• Larch Avenue Heights in Rock Ridge• This 2 storey plus basement home has 4 bedrooms,
Fraser Valley views, maple kitchens with large island, quartz countertops in bathrooms also, tile and engineered hardwood fl ooring.
• Come choose your own colour scheme. 10 Year Warranty and unfi nished full walkout daylight basement.
13309235A Street
Maple Ridge
$1,248,000• First time on the market!• Amazing Penthouse features million dollar views• Ultimate entertainer's dream• Lge kitchen equipped w/only the best of the best• Spacious bedrooms w/luxury ensuites, marble counters,
soaker tubs & stand up showers• Option for a media room• Spectacular & luxurious condo
#1006-12079Harris Road
Pitt Meadows
12580Garibaldi St.
Maple Ridge
1211Seventh Ave
New Westminster
$799,000• Lovely heritage style home built 1910• Fenced yard & covered front porch• Original beautiful fi r wood fl ooring• Beautifully renovated with all the modern conveniences• Chef's kitchen has custom dark cherry soft-close cabinets,
S/S appliances• Basement rec room has built-in speakers & sound-proof
walls. Must see!
OPEN HOUSE SAT & SUN 2-4
Brookside RealtyChad August
604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM
• 2 bed + den approx 1000 sq.ft.• $349,900
703 12079 Harris Rd.
• 2 bed + den 1000sq.ft. huge deck• $349,900
203 12069 Harris Rd.
NEW LISTING!NEW LISTING!
1003 12069 Harris Road
1006 12079 Harris Road
• Over 2200 sq.ft. • 2 balconies• Views of Golden Ears • 2bed + den/media room• V1110580
• Over 2000 sq.ft.• Views of Airport & Mt Baker• 2bdrm + media• V1110591
2 LUXURIOUS CONDOSFrom $1,248,000 Spacious Plans - Top Floor
Concrete and Steel construction
AMAZING VIEWAMAZING VIEW
AMAZING VIEWAMAZING VIEW
Immediate occupancy11566 224th St.
- $229,900 2 bed 2 bath 900 sq ft
#101
- $229,900 AMAZING WATER VIEW 1 bed & den
#207
- $259,900 2bed 2 bath 900+ sq ft
#303
25915 124th Avenue Maple Ridge
• 2 houses, Main house 3600sq ft rancher • Huge 25x28 garage • Over 4 acres of land • Your own personal lake
$1,250,000$1,250,000
ROOM FOR THE WHOLE FAMILYROOM FOR THE WHOLE FAMILY
V1125658V1125658
20477 Dale Dr.$499,900$499,900
JUST SOLD
JUST SOLD
165 Warrick St.$988,000$988,000
JUST SOLD
JUST SOLD
FIRST OPEN HOUSE SUN 19, 1-4 ● 1442 Rhines Cres
• HUGE over 8000 sq ft lot Backing onto Greenbelt• Over 2100sq ft 4 bed, 3 bath • Popular Riverwood Neighborhood
NEW LISTINGNEW LISTING$794,900$794,900
•4 REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015
CERTIFIED & LICENSED HOME INSPECTION SERVICES
YOUR TRUSTED HOME INSPECTION SPECIALIST778-808-8844
WWW.INSPECTIONSWEST.CA
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Your one-stop source of lower mainland home listings and real estate news.
25 YEARS MORTGAGE EXPERIENCE
Mortgage AdvisorDominion Lending CentresPh: 778-689-6843 (MTGE)Fax: 604-737-0488sherylelsom@dominionlending.cawww.sherylelsomdominionlending.ca
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Brookside Realty 11933 224th Street Maple Ridge, BC
www.MRROGERS.cawww.MRROGERS.ca
"MR. ROGERS""MR. ROGERS"Luke
604.790.2304ee44
GlennGlenn604.790.2345604.790.2345
12351 216th St.
12357 216th St.
• 1/3 acre lots, build a dream home in one of the best spots in town.
• Build to suit & terms available or bring your builder.
• Full services, 2 storey plus basement option.
• These calibre lots aren't available often, don't miss out!
• City will support carriage home, hurry on this one!
$419,900 each
12-11165 Gilker Hill
3 bedroom 3 bathroom (1 for guests) 1500 square feet FAMILY FRIENDLY. Large Garage + HUGE STORAGE. Walkout to garden/west facing yard. Great floor plan, lots of space.
ONLY $281,900
NEW LISTING
22294 132nd Ave.
9.7 acre Estate Property. Mostly Cleared, Flat South Exposure. CITY WATER. A-2 & RS-3 Zoning. Gravel road front to back. Lots of sun. New home, New business? Options!
$1,099,900
NEW LISTING
OPEN HOUSE SUNDAY 2-4OPEN HOUSE SUNDAY 2-4
REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015 5•
1708–55A 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.
DISTINCTIVE DESIGN. 1,2,3 LEVEL HOMES WITH YOUR OWN STREET LEVEL ENTRY
NOW SELLING PRESENTATION CENTRE OPEN DAILY 12-5PM (EXCEPT FRIDAY)
•6 REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015
www.TsawwassenSprings.ca / [email protected] - 5099 Springs Boulevard, Tsawwassen V4M 0A2
Yvonne Lynch | Sarah Toigo Haley Chang | Jim Dawson
Sales Centre Open 12-5pm Tuesday-Sunday
604-948-4663 Regency Realty Ltd.
#205 – 5099 Springs BoulevardPrice: $879,900
• This 2 bedroom + den at 1555 SF is a prime corner suite at Tsawwassen Springs.
• This rare northwest corner suite fetches premium views of water, sunsets, mountains & golf course.
• Oversized north and west facing balconies allow maximum outdoor enjoyment.
• Includes large insuite storage space and open-concept kitchen & cozy great room with gas fi replace and MORE!
Most Popular Condo Plan#401 – 5055 Springs Boulevard
Price: $879,900• This spectacular 3 bedroom concrete condo boasts ultimate great room,
over 23’ wide! • Gourmet kitchen includes Fisher & Paykel stainless steel appliances, walnut
cabinets, quartz counter tops.• Easy transition from inside to out with 23 ft + wide south facing balcony—
great for entertaining!• Large laundry room, large master bedroom and walk in closet and spa like
ensuite. Comes with 2 parking stalls!!
3 Bdrm, South Facing Condo, 1655 SF#109 – 5055 Springs Boulevard
Price: $728,000• Prime ground fl oor corner suite offering 2 bedrooms & 2 bathrooms.
• Oversized windows that wrap around the great room to give maximum natural light with golf course and North Shore Mountain views.
• Suite boasts spacious great room, gourmet kitchen with stainless appliances, 9’ ceilings and private patio.
• Call today for a private showing! Resale GST not applicable.
Ground Floor Suite, 1201 SF
#409-5099 Springs BoulevardPrice: $839,900
Penthouse Suite5076 Cedar Springs Drive
Price: $1,398,900
Golf Course View Home, 2132 SF
1626 Birch Springs LanePrice: $818,800
Most Popular House Plan!
#106-5055 Springs BoulevardPrice: $749,900
2 Bedroom + Den, 1461 SF
#111-5055 Springs BoulevardPrice: $519,900
1 Bedroom + Den, 1053 SF
SOLDSOLD
SOLDSOLD
SOLDSOLD
Upgrade your lifestyle! Don’t miss the opportunity to own a beautiful Arts & Crafts home. These Houses and Condos offer all the benefi ts of living in a resort but with very little maintenance--worry free living at it’s best! All plans offer open concept layouts, stainless steel appliances, engineered hardwood fl oors, oversized covered patio, plumbed for a built-in outdoor heater & BBQ outlet, and every detail you want in a sunny Tsawwassen home, all on freehold land. Move in this summer!
5056 Cedar Springs DrivePrice: $1,989,900
Golf Course View House
• 4 bdrm + den + fl ex, 4.5 bathroom • South facing golf course view
House • 3004 SF 2 level + casita• Casita – What’s that? Could be a
guest room, offi ce, gym• Gourmet kitchen: quartz
countertops, walnut cabinets• Fisher and Paykel stainless
appliances — gas range!• Lyonstone gas fi replace• Grand 20 ft ceilings in great room • Media room upstairs
5060 Cedar Springs Drive Price: $1,369,900
Golf Course View House
• 2 bedroom + den + fl ex,
3.5 bathroom
• Sunny south facing home
with gorgeous golf course
views
• 2094 SF, 2 level house
• Fisher and Paykel stainless
appliances — gas range!
1636 Fir Springs LanePrice: $939,900
Rancher Style House
• 2 bedroom + den + 2 bathroom
• Beautiful 1773 SF rancher
• Amazing sense of space with 10’ throughout + 11’ coffered ceilings in your great room
• Private backyard
• Enjoy morning sun
• Fisher and Paykel stainless appliances — gas range!
5036 Springs Boulevard Price: $889,900
Rancher Style House
• 3 bedroom + 3 bathroom
• Beautiful 1820 SF rancher
• Amazing sense of space with
10’ throughout + 11’ coffered
ceilings in your great room
• Corner lot
• Private backyard
• Enjoy morning sun
SOLDSOLD
JUST SOLD
JUST SOLD
PENDING
PENDING
REW.ca » COQUITLAM / PORT COQUITLAM / PORT MOODY » FRIDAY JULY 17, 2015 7•
Maple Ridge’s most popular new community - Come & see why
Dewdney Trunk Rd
NorthLougheed Hwy
Haney By-Pass
MAPLE RIDGEDowntown
Kanaka Way
240 St
104 Ave
105 Ave
Jack
son
Rd
Lougheed Hwy
THE DEVELOPER RESERVES THE RIGHT TO CHANGE OR MODIFY THE OFFER WITHOUT NOTICE. E.&O.E.
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ODEL
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ASED
VISIT OUR FULLY FURNISHED SHOW HOMES TODAY!
SINGLE FAMILY HOMES From $569,900 INCL GST
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F R I D A Y , J U L Y 1 7 , 2 0 1 5COQUITLAM • PORT COQUITLAM • PORT MOODY
R E A L E S T A T E W E E K L Y
Looking for a newhome? Start here.
I n P r i n t > O n l i n e > I t ’ s A l l H e r e
Maple Ridge’s Port Haney is an emerg-ing neighbourhood which has been undergoing rejuvenation. It is attract-ing home buyers from across the Lower Mainland who want quality built condo-miniums for prices not found elsewhere in the city.
This is where Greenside Properties’ newest development, River’s Edge, has found a home. River’s Edge features a boutique collection of 51 one and two bedroom homes, ranging from 590 to 1.080 square feet, starting at a low $156,900.
These contemporary West coast homes are distinguished by open interiors appointed with features such as vault-ed ceilings, granite countertops, crown mouldings, stainless steel appliance package, kitchen islands, white cabinetry with elegant hardware, large covered balconies or patios as well as a parking
stall. Nestled above the Fraser River, most homes off er sweeping water views from the expansive windows and fl oor to ceiling doors.
Living at River’s Edge means you are close to everything you need. Within a short drive you are in the urban hub, just minutes away from shopping, services, restaurants, grocery, entertainment as well as Haney Farmers Market - a fun, family friendly Saturday morning farm-ers’ market in downtown Maple Ridge. You are also steps away from the West Coast Express and the Port Haney Wharf. In addition, River’s Edge is within easy access to Lougheed Highway, Golden Ears Bridge and Pitt Meadows Bridge.
For those outdoor enthusiasts, you are close to Mother Nature’s Mecca. The trail network encompasses more than 100 kilometers of local riding and hiking trails, as well as in nearby Golden Ears
Provincial Park. There are also numerous fi tness centres, gyms, dance studios and martial arts organizations.
“We are also less than fi ve minutes from the historical Billy Miner Alehouse and Pub, which is a popular spot with locals,” says River’s Edge sales manager Paul Liberatore.
These new homes come to you from Greenside Properties, the same multi-family developer who built Solo in Maple Ridge and Spruce Grove in Whistler. For more than two decades, the family-run construction company has garnered a reputation for building quality European-inspired homes that are stylish and well designed.
When you look at the entry price-point level - starting at $156,900 - and the quality fi nishing that has been put into the spacious condominiums, this is excellent value. Here is your opportunity
to buy in Maple Ridge’s newest emerging neighbourhoods. “The maintenance fees are also quite low,” he adds.
“More than 50 per cent of the homes are sold but there are still many available that off er water views,” says Liberatore. “We are seeing fi rst time buyer to the downsizer to the investor to everyone in between, all who are impressed with both the price and quality of these homes. We off er the best value for the product any-where in Maple Ridge.”
For more information, call 604-453-4965, email Paul Liberatore at [email protected] or visit www.RiversEdgeLiving.ca. The Sales Centre and show home is located at 11580- 223rd Street, Maple Ridge. It is open Saturdays and Sundays from noon to 5 p.m. or by appointment anytime. Your new home is move in ready.
A winning combination: PRICE, LOCATION, VIEWS
