bc new home and condo guide - may 27, 2016
DESCRIPTION
A Yellow Pages NextHome PublicationTRANSCRIPT
INSIDE THIS ISSUE
CHECK YOUR HOME FOR RADIOACTIVE RADON
THE LIFESTYLE ON BURNABY MOUNTAIN
13 INVESTMENT MISTAKES TO AVOID
METRO VANCOUVER EDITION
MAY 27 - JUNE 10, 2016VOLUME 1, ISSUE 11, FREE
OVER 50% SOLD!MOVE IN THIS SUMMER!
CONDOS2855 156th Street
778-545-8737 | theheightsliving.ca
Open Sat & Sun 12 - 5 pm (or any time by appointment)
BY LAKEWOOD
TOWNHOMES14555 68th Avenue
778-590-7283 | syncliving.ca
Open daily 12 - 5 pm (except Fridays)
48+ Years 60+ Projects
Over 4,000 Homes
L A K E W O O D . C A
NEXT PHASE (2+3 BDRMS)BEING RELEASED MAY 28!
SMART MONEY RECOGNIZES A HOT SPOTSet to become Metro Vancouver’s next major urban centre, West Coquitlam’s Evergreen
Corridor is the city’s newest hot spot. At its heart, is the master-planned community of
Lougheed Heights. The first release sold in an unprecedented 6 weeks, and Tower 2 is
now selling. And best of all, it’s backed by the Bosa name. Don’t miss out.
lougheedheights.com
This is not an offering for sale. Lougheed Heights is developed by Bosa BlueSky Properties (Lougheed Heights 2) Inc. and Bosa Properties (Lougheed Heights 2) Inc. Renderings, sketches, layouts and finishes are representational only. E&OE.
TOWER 2 NOW
SELLING
6 YPNEXTHOME.CA
16467 24 Avenue Surrey BC V3S 0C4 604 541 2495 hycroftrowhomes.com
Hycroft 2 coming soon!
Any prices exclude taxes. StreetSide Developments reserves the right to make modifications and changes to the building designs, specifications and features should they become necessary. Floor plans, elevations, room sizes and square footages are based on preliminary architectural drawings and may vary from the actual built home. E.&O.E. Sales by Qualico Realty.
THE NEXT CHAPTER OF HYCROFT ROWHOMES COMING SOON
164 ST
20 AVE
24 AVE
N
KING
GEO
RGE BLVD
HIG
HW
AY 99
KING
GEO
RGE BLVD
HIG
HW
AY 99
After the huge success of Hycroft’s f irst release, we are excited to present a second collection of these unique 4-bedroom rowhomes! Truly a rare find, Hycroft is nestled in South Surrey’s desirable Grandview Heights neighbourhood. These rowhomes have everything you are looking for in a home, from a distinctive main level entry, walkout patios and fenced yards, to finished basements and a detached garage. Revel in the space and freedom, because Hycroft rowhomes are all freehold properties brought to life by an experienced and visionary development team.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 7
Y O U R L A S T O P P O R T U N I T Y T O O W NS T A T I O N S Q U A R E
The developer reserves the right to make changes and modifications to the information contained herein. This is not an offering for sale as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E. & O. E.. Station Square and the Station Square logo are registered trademarks of Metro Shopping Centre Limited Partnership, and used under license.
STATIONSQUARE.CA
GRANDT H E
FINALEC
M
Y
CM
MY
CY
CMY
K
SS_Teaser_CondoGuideAd_FNL.pdf 1 2016-04-05 3:10 PM
RIVER DISTRICTSALES CENTRE
SE MARINE DRIVEKERR
STR
EET
MARINE WAY
N FRASER WAY
BOU
ND
ARY
RO
AD
KIN
ROSS
ST
VANCOUVER
SE MARINE DRIVE
contentsMAY 27 - JUNE 10, 2016 | VOLUME 1 ISSUE 11
Veritas Honestly beautiful homes at UniverCity in Burnaby
ON THE COVER
project profi les
46 The Residences at GatewayAbbotsford’s inspiring new place to call home
68 SummitDistinctive design in Panorama Heights
advice
30 Money mattersBuilding a budgetby Gail Vaz-Oxlade
34 Mind over mortgage13 mistakes to avoid when
buying an investment propertyby Alisa Aragon
50 Inside mortgageslearning your way around depreciation reportsby Kris Grasty
56 Investor insightsAdvantages and disadvantages of investment propertiesby Alyssa Richard
20+ online
SEARCHHOME
NEIGHBOURHOOD
WITHDYNAMIC
MAPSLOOK FOR THE CIRCLE
+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING
MORE
(continued on page 14)
12 YPNEXTHOME.CA
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 13
58
(continued from page 12)
58 Queen of GreenTesting your home for radon by Lindsey Coulter
64 Insider adviceTop 5 things that make your new unit rentable by Andrew la Fleur
66 10 minutes with...Wesgroup’s Ben Taylor talks about the appeal of living near rapid transit by Susan M Boyce
70 Condo proThe condo vacation lifestyle by Barbara Lawlor
72 Home sweet homeLiving through buyer’s remorse by Lydia McNutt
78 Hot topicFinishes and options that pay off by Kara Kuryllowicz
82 Fundamentally Speaking What to know when buying your first home by Wayne Karl
85 Smart SpacesDouble-duty storage solutions by Michael Cochrane
neighbourhood
22 Burnaby MountainSFU’s UniverCity boasts community, views, and education
inspiration
42 Outdoor livingMake the most of the sun this year with these patio tips by Jane Lockhart
48 “His” and “her” stylebringing your home together in harmony by Yanic Simard
60 Style fileThe rustic charm of wicker and weaving by Elisa Krovblit
trending
29 What’s onlineWhat’s going down online at ypnexthome.ca
38 CREA reportare the markets becoming overheated?
buyers’ resource section
74 Hot PropertiesFind out what’s new and hot in Metro Vancouver’s real estate marketplace by Susan Boyce
88 Listings Directory
in every issue
16 Editor’s Note
district maps
18 Burnaby/New Westminster
26 Maple Ridge/Pitt Meadows
28 Tri-Cities
32 Vancouver
44 Abbotsford/Chilliwack
52 South Surrey/White Rock
62 Surrey/Langley
76 Richmond
84 North Shore
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill
EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge
DIRECTOR OF SALES, NATIONAL
Moe Lalani
SENIOR SALES MANAGER, WESTERN CANADA
Edwin Rizarri
EDITOR
Stephanie MacDonald
ART DIRECTOR
Megan Pike
CONTRIBUTING EDITORS
Wayne Karl Elisa Krovblit Lydia McNutt (on leave)
STAFF WRITERS
Susan M BoyceJanine Mackie
DESIGN EDITOR
Yanic Simard
MEDIA CONSULTANTS
Dave Bird 604.319.7102Ricardo Hernandez 604.319.7103
SALES COORDINATOR
Justin Salvador
PRODUCTION MANAGER
Helen Pearce
GRAPHIC DESIGNERS
Miguel Cea, Mihail Terentiev
PRODUCTION CO-ORDINATOR
Hannah Yarkony
Published by
4180 Lougheed Highway Suite 102Burnaby BC V5C 6A7T 604.519.6080 F 604.519.6088 ypnexthome.ca
ADVERTISING Call 604.519.6080 for advertising rates and information.
Copyright covers the contents of this publication and prevents reproduction in whole or in part: offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher.
The views and data expressed by columnists do not necessarily represent those of the publication.
SPECIAL INSERT
Residences at GatewayAbbotsford’s most luxurious new address
+ plus
OUTSIDE FRONT COVER
Uncompromising Quality. Unparalleled Value. Design that Prevails.
HOME STORE NOW OPEN
ABBOTSFORD’S FINEST HOMES
Visit the Home Store open 12-5PM (closed Tuesdays) Suite 101 - 2031 McCallum Rd, Abbotsford (Gateway 3)
boulevardgroup.ca 604.855.8116A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N .
14 YPNEXTHOME.CA
Copyright © 2016 Marcon W 57 (GP) Ltd. All Rights Reserved.
A Collection of 17 Heritage Inspired Courtyard Townhomes
Marcon - Condo Guide -7.25” x 9” - Full Colour
Revised: May 18, 2016 - Due: May 19th, 2016 - Run: MayContact: David Bird [email protected] & [email protected]
Creative: Christina Heemskerk [email protected]
marcon.ca/maisonette
Starting from $1,588,800
SW MARINE DR
W 70 AVE
ASH
ST
ASH
ST
CA
MB
IE ST
688 SW Marine Drive, VancouverOpen Noon – 5PM , Closed Fridays604.325.8111
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 15
The freedom of condo living
The 2016 Builder & Developer Annual is here!
While a single-detached is the traditional home choice for many, highrise and lowrise suites, lofts and condominium townhomes have become a prime choice among homebuyers in the Metro Vancouver Area – for fi rst-time buyers, empty nesters, and all life stages in between.
Not only does condominium living a� ord you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move up you can often opt to remain in the same neighbourhood, since many buildings and condo townhome communities o� er a mix of designs and sizes, which allows
families to relocate easily without having to change jobs or schools. Today’s condo communities generally have a range of sizes and prices that start at the “a� ordable” end of the price spectrum.
This spring, many builders are gearing up for their grand openings or have suites available for quick occupancy. It’s an exciting time to be shopping for a new condo, and you’ll see that popular communities still have a lot of buying activity, so don’t miss this excellent buying opportunity.
Have a look through this issue and see what you think. The home of your dreams is waiting.
Your home covers some of your most basic needs: it is your shelter and your security, but we all know it’s so much more than that. A good home provides us a place to enjoy our friends and family, a comforting place to rest and recharge, and optimally, is a place that is close to where we work and play.
The developers and builders in Metro Vancouver are deeply committed to creating homes that go above and beyond the average, and to building communities that support and encourage interaction, convenience and sustainability, for a healthier, happier lifestyle.
Buying a home is always a big decision, and having a builder that you trust is key to making the experience
a good one. In the 2016 Builders’ Annual, you can learn about many of Metro Vancouver’s best and brightest companies: their history, what kind of building they do best, and why they love what they do.
Though there are many di� erent companies and styles of building in the Builder’s Annual, there’s one quality they share that is consistent throughout: the love of, and commitment to, creating livable, inspiring, convenient and e� cient homes for people at all stages of their lives. So once you’re fi nished reading about all the incredible new homes in this New Home & Condo Guide, be sure to check out the stories behind them in the 2016 Builder’s Annual. Happy home hunting!
+ get social
SOUTH GRANVILLE
EXCLUSIVE PROFILE ONLINEhttp://nexthome.yp.ca/new-homes-for-sale/bc/vancouver/south-granville
Interact with us on social media: ypnexthome
Editors’ Notes
SUSAN LEGGEEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge
STEPHANIE MACDONALDEditor, Yellow Pages NextHomeEmail: [email protected]: @stephmacYP
16 YPNEXTHOME.CA
A11. MILANO 4247 Lougheed Hwy.604-294-8989
A12. GOLD HOUSE6377 McKay Avegoldhouseliving.com
A13. BROOKMEREPresentation Centre#150 - 3555 North Road
A14. KINGS CROSSING7350 Kingsway604-533-3033
NEW HOMES: A15. IVORY MEWS
7385 Edmonds Ave @ Fulton Ave 604-528-6935
NEW WESTMINSTER
NEW CONDOS: B1. WESTBOURNE
1305 CaribooComing Soon
B2. PORTAGE PORT ROYAL 260 Salter St778-398-1344
B3. RIVERSKYPresentation Centre659 Columbia StreetOpen Daily 12-5pm604-522-2583
B4. THE ROYAL203 – 20 E Royal Ave.604.523.0733
B5. THE PENINSULAPort Royal604-544-2258
NEW CONDOS: A1. MODENA
Hastings St. & Madison Ave.604-294-9919
A2. PIXELKingsway & Gillypixelburnaby.com
A3. BUCCI BY VILLO7040 Macpherson Avebucci.com/villo
A4. MIDORI6579 Marlborough Avenue604-439-8852
A5. BRENTWOOD4567 Lougheed Hwy.604-563-8386
A6. NOVELLA170 - 3355 North Rd604-563-5777
A7. STATION SQUARE4670 Assemble Waystationsquare.ca
A8. CROWNPresentation Centre#104 - 552 Clarke Rd604-939-8868
A9. CAMERONPresentation Centre150A - 3355 North Rd604-379-2191
A10. THE PEAK8955 University High Street604-559-5795
BURNABY
Burnaby | New Westminster
A14
Lougheed Hwy
GAGLARDI WAY
GAGLARDI WAY
UNIVERSITY DR W
UNIVERSITY DR EGREYSTONE DR
MARINE WAY
MARINE DRMARINE WAY MARINE DR
SOUTHRIDGE DR
HASTINGS STHASTINGS ST
MCBRIDE
MCBRIDE
BO
UN
DA
RY
RD
BO
UN
DA
RY
RD
INLE
T D
R
INLE
T D
R
SP
ER
LIN
G A
VE
SP
ER
LIN
G A
VE
CLI
FF
AV
EC
LIF
F A
VE
BROADWAYBROADWAY
8TH ST
8TH ST6TH ST
6TH ST
6TH AVE
6TH AVE8TH AVE
8TH AVE
8TH AVE
8TH AVE
BRAID STBRAID ST
10TH AVE
10TH AVE
10TH AVE
10TH AVE
HO
LDO
M A
VE
HO
LDO
M A
VE
WIL
LIN
GD
ON
AV
EW
ILLI
NG
DO
N A
VE
RO
YAL
OA
K A
VE
RO
YAL
OA
K A
VE
RO
YAL
OA
K A
VE
RO
YAL
OA
K A
VE
NE
LSO
N A
VE
NE
LSO
N A
VE
PATT
ER
SO
N A
VE
PATT
ER
SO
N A
VE
CANADA WAY
CANADA WAY
CANADA WAY
CANADA WAY
16TH AVE
16TH AVE
NO
RTH
RD
NO
RTH
RD
AUSTIN AVEAUSTIN AVE
IMPERIAL STIMPERIAL ST
IMPERIAL ST
IMPERIAL ST
EWEN AVE
EWEN AVE
DUNCAN STDUNCAN ST
DERW
ENT W
AY
DERW
ENT W
AY
BOYD ST
BOYD ST
CENTRALPARK
CENTRALPARK
DEER LAKE PARK
DEER LAKE PARK
QUEEN’SPARK
QUEEN’SPARK
SQUINT LAKEPARK
SQUINT LAKEPARK
BURNABYMOUNTAIN
GOLF COURSE
BURNABYMOUNTAIN
GOLF COURSE
BURNABYMOUNTAIN
PARK
BURNABYMOUNTAIN
PARK
BARNET MARINEPARK
BARNET MARINEPARK
CONFEDERATIONPARK
CONFEDERATIONPARK
BURNABY LAKE REGIONAL PARKBURNABY LAKE REGIONAL PARK
SFUSFU
BCITBCIT
BRENTWOODMALL
BRENTWOODMALL
METROTOWNMETROTOWN
LOUGHEEDMALL
LOUGHEEDMALL
DEER LAKEDEER LAKE
CLARKE
RD
CLARKE
RD
CUMBERLAND ST
CUMBERLAND ST
ROYAL AVE
ROYAL AVE
KINGSWAY
KINGSWAY
SPROTT STSPROTT ST
49TH AVE
Barnet Hwy
WIL
LIN
GD
ON
AV
EW
ILLI
NG
DO
N A
VE
OAKLAND ST
GIL
LEY
AV
EG
ILLE
Y A
VE
SE MARINE DR
IMPERIAL STIMPERIAL ST
GRIFFITHS DR
GRIFFITHS DR
STEWARDSON WAY
BO
UN
DA
RY
RD
BO
UN
DA
RY
RD
A1
A14
A11 A1
A4
A12
A2A3
A8
A7
A9
A5
A6
A8 A13
A9
B1
B3
B2
B4
A15
A16
A10
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!
HigherLiving.HigherLearning.
OPENS MAY 28TH
8999 Cornerstone Mews, Burnaby
Open Noon to 6pm Daily (except Friday)
604.298.9965 [email protected]
This is currently not an offering for sale. Any such offering can only be made by way of a disclosure statement. E. & O. E.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 19
BURNABY/NEW WESTMINSTER
Property Profile | VERITAS
FOLLOWING THE SUCCESS of four previous
communities at UniverCity, Polygon
launches its newest collection of apartment
residences — Veritas, on May 28th.
Meaning “truth” in Latin, “Veritas” seems
a fitting name for a residence inspired by
its surroundings and the ideals of higher
education.
The first of two five-storey buildings is
well underway, offering an unparalleled
location amidst the academic culture
of Simon Fraser University. Embodying
the artistry of contemporary West Coast
architecture, large roof overhangs, brick
facade, wood detailing, and lush garden
courtyard complement the natural beauty
and tranquility of the mountain-top setting.
Investors and end-users alike are
expected to be among purchasers,
selecting from a varied collection of 158
homes including studios, lofts, one-
bedroom apartments and a large selection
of two-bedroom residences up to 968
square feet.
“If you’ve got kids near the university age,
it’s a great opportunity to provide them
with a beautiful home, or take advantage
of the reliable rental base, possibly even
downsize yourself,” said Veritas sales
manager, Sandra Bua.
cover story
VeritasModern West Coast living in the hub of SFU’s academic setting — enticing nature lovers and higher learners alike
Location Burnaby, UniverCity
BuilderPolygon Veritas Homes Ltd.
Development Veritas Home Type Apartment Residences
Sales Centres: 8999 Cornerstone Mews
Contact Polyhomes.com (604) 298-9965
20 YPNEXTHOME.CA
As UniverCity grows, the secret is
getting out — it’s not just students and
professors living in this fun, flourishing
residential community!
So far there’s about 3,800 residents
who call UniverCity home. Of course
many are higher learners, but a healthy
segment are first-time home buyers and
families drawn to “the magical natural
setting that has all the elements of city
living paired with the culture of one of
Canada’s top ranked universities, and
access to some of the best mountain
biking and hiking trails around,” said Bua.
Buy now and move in later this year!At the nearby Presentation Centre on
Cornerstone Mews, a model of the
community is on display and there is a
great view of the first building, which will
be ready for residents to move into later
this year.
Every home at Veritas offers the
very best in innovative living with
an exceptionally high standard
of craftsmanship and the latest
contemporary styles, accents and
finishes. Bright open floor plans feature
gourmet kitchens, modern bathrooms,
and residents share a private fitness
studio and multi-purpose lounge — ideal
for studying!
Living in the UniverCity setting provides
locals with access to all the services and
facilities on Burnaby Mountain. There’s
free and discounted use of SFU facilities
including the library, swimming pool and
Recreation Centre. And who wouldn’t
want to take in a free lecture on the
Hubble telescope or sample experimental
beer at a workshop on the intricacies of
fermenting with yeast?
30-minute drive to Downtown Vancouver and minutes to Millennium Skytrain LineVeritas’ connection to the university adds
to its affinity, “with an amazing fine arts
program providing opportunities to take
in film festivals, live theatre, dance and
musical performances,” said Bua. “It’s
pretty amazing to have access to all this
culture and learning at your fingertips.”
Well served by public transportation,
the community also boasts a renowned
Childcare Centre, is walking distance to
University Highlands Elementary School,
and at the foot of the mountain there’s
a high school. A complete community
that’s both admired and emulated as a
model of sustainability, many residents
live and work here and enjoy the social
hub of University High Street complete
with village-style shopping, organic deli,
grocery store and a variety of restaurants
from hand crafted burgers to spicy rice
bowls.
Visit the Veritas Presentation Centre
on Burnaby Mountain today at
8999 Cornerstone Mews, open daily
(except Fridays) noon to 6 p.m. More
information at (604) 298-9965 or
polyhomes.com.
OPPOSITE
Veritas is Polygon’s newest addition to the UniverCity community
LEFT
Modern interiors set a high standard, while outside, both shopping and recreation abound!
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 21
Introduction
Located in Burnaby and bordered by
Burrard Inlet to the north, Gaglardi Way
to the south, North Road to the east,
and Centennial Way to the west, this is
the home of Simon Fraser University.
It’s a bustling college town in miniature,
with all the amenities, recreation and
relaxation spots you need. Student
residences abound, as do newer, stylish
private homes.
Lifestyle
The scenery is fantastic and, autonomous
as the place is, nearby transit can shoot
you right into town. At home you’re
within a stone’s throw of SFU, as well as
some great eating spots and public trails
for hikes that can range from the relaxing
to the rugged. Life here is easygoing and
serene, offering the convenience of urban
living without any of the downsides.
The Vibe
The University has a large, spacious
campus with sports fields, a theatre and
much more. Just off-campus is a small
commercial area offering just about all
you could want for your daily needs.
Turn in any direction and you’re likely to
see a gorgeous view of nature, and the
hiking around here is great.
Meet the Neighbours
According to figures on Burnaby’s official
city website, the population was around
1700 in 2006, representing a steep
growth that is likely to continue into
the future with the help of UniverCity,
a major real estate project in the area.
The age range bulges in the 20 – 44
bracket, and the majority of residents are
educated. This is a culturally diverse area
with a large immigrant population.
In the Area
The dominating factor here is SFU, which
makes up a huge chunk of the land and
is the cultural and economic epicentre
of the Mountain. Also notable are the
various parks, all quite beautiful, and a
local public school, University Highlands
Elementary. The commercial district is
small but diverse, offering an array of
food options.
Dollars & Sense
Rental prices in the area are moderate
by Lower Mainland standards, and food,
beverages and groceries rate about the
same. This isn’t a particularly expensive
area, but aside from a dollar store and
a funky gift shop, things here don’t go
cheap either. Consider it a solid average
on this score.
Planes, Trains and Automobiles
Gaglardi Way is the main thoroughfare
here, and by car or bus it’s a quick
trip into the city. Bus transit is great,
as expected for a place that caters to
university students, and Production Way-
University SkyTrain station is quick to get
to by vehicle. Bicycling is an attractive
option in the neighbourhood.
The Good, the Bad & the Rest
If you’re looking for a place apart, this
is for you: it’s a village on a mountain,
with nature at your doorstep and an
atmosphere of peace and quiet. The
sense of enclosure is a double-edged
sword, though: if you’re looking for
hustle and bustle, you’ll need to step out
into the wider world.
Burnaby Mountain
Neighbourhood Profile | BURNABY MOUNTAIN
22 YPNEXTHOME.CA
Hot Spots
Ichibankan ExpressSushi, ramen and other Japanese staples are offered here, as well as snappy service and a welcoming atmosphere. The noodles are soft and delicious and, like most food and beverage establishments, it’s centrally located. www.facebook.com/Ichibankan.Express.SFU/info?tab=overview
Nature’s Garden Just wonderful. This deli specializes in delicious sandwiches, great coffee and some neat homemade fare. The vibe is laid back, but staff are diligent and attentive. It’s a very healthy eating option. www.facebook.com/pages/Natures-Garden-SFU/557872027690045?rf=133699673314478
Yeti YogurtThe spot for hot-weather refreshments and also a good place to chill between classes, after work or with the kids. Offers a wide range of Fro-yo flavours including pink grapefruit (excellent!), Nutella and Green Tea. www.facebook.com/Yetiyogurt.SFU
Burnaby Mountain Conservation AreaCycling, hiking, picnics and more: this is British Columbia nature at its most beautiful and inviting. The trails are easily accessible and go from steep to moderate, for a range of exercise options. www.burnaby.ca/Things-To-Do/Explore-Outdoors/Parks/Burnaby-Mountain-Conservation-Area.html
Quesada Burritos and TacosA lifesaver for students, offering fast, filling fare. The Spicy Chipotle Chicken burrito is a favourite. Great for food on the go and a nice place to have a casual outdoor bite. www.quesada.ca/home
Club IliaThe place to go for dinner and drinks, or a casual afternoon repast. Atmosphere is social, servers are warm and friendly, and the menu offers happy hour fare and a great brunch. Excellent Bellinis! www.clubilia.com
“I go to school here, and my accommodations are decent—maybe a little rundown, but I’m not complaining. I love SFU, and life here is pretty laid back. I do go into Vancouver a lot, especially on the weekend.“ – Stephen, student
“I bought here after having lived near Metrotown for eight years, and I quite prefer it. Convenience aside, there’s a lot to enjoy. Overall, I’m glad I made the move.“ – Andrew, SFU support staff
Street Corner
One-bedroom condos go for under $300, 000 around here, with larger spaces just above that. The market here is expanding, with the Univercity development at the lead. The market for buyers here consists of condos and townhouses almost exclusively. For renters there are apartments and suites, with prices quite moderate, as well as student housing. Overall, this is a reasonably priced area.
Real Estate Market
» Average Home Price: $
» Types of Properties: condos, townhouses, apartments, suites
» Distance from City Hall: 5.7 km
Quick Facts
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 23
24 YPNEXTHOME.CA
BURNABY/NEW WESTMINSTER
INT
8520
TheP
eak
SFU
TheP
eak_
SFU
Ad_N
CH
G_8
x10_
2016
0513
_F.e
ps
Trim
- 8
x 10
" = p
leas
e ro
tate
to 1
0 x
804
.05.
16
04.0
5.16
FLi
ndsa
y
DO
CK
ET
#P
RO
JEC
TFI
LE N
AM
E
SIZ
EIN
SE
RTI
ON
DAT
EP
RO
OF
INIT
IAL
SE
TUP
DE
SK
TOP
AR
TIS
TN
OTE
S
SIG
NAT
UR
E
CM
YK
OK
as is
OK
with
cha
nges
Supp
ly n
ew p
roof
with
cha
nges
Subm
it to
:
OV
ER 7
5% S
OLD
SAV
E U
P TO
$15
,00
0
Ow
n a
prem
ium
hom
e at
Met
ro V
anco
uver
’s b
est
valu
e. E
njoy
SFU
’s e
stab
lishe
d m
aste
r-pl
an c
omm
unit
y am
enit
ies,
in
clud
ing
an a
war
d-w
inni
ng d
ayca
re a
nd e
lem
enta
ry s
choo
l, an
d gr
ocer
y st
ore
com
plet
e w
ith
reta
il sh
ops.
Off
erin
g st
unni
ng v
iew
s fr
om t
he h
ighe
st p
oint
of l
and
in M
etro
Van
couv
er, T
he P
eak
has
over
10,
00
0 s
quar
e fe
et o
f pri
vate
re
side
ntia
l am
enit
ies.
Don
’t m
iss
your
opp
ortu
nity
to o
wn
at S
FU’s
mos
t su
cces
sful
pro
ject
.
Pres
enta
tion
Cen
tre
Ope
n da
ily 12
-5pm
exc
ept
Frid
ays
at 8
955
Uni
vers
ity
Hig
h S
t., B
urna
by
2 B
EDR
OO
M +
DEN
FR
OM
$41
4,90
0V
ISIT
US
TOD
AY
60
4 55
9 57
95 ·
PEA
KAT
SFU
.CO
M
THE
BES
T C
ON
CR
ETE
VALU
E AT
CA
NA
DA’
s #
1 U
NIV
ERSI
TY*
*SFU
is ra
ted
Cana
da’s
No.
1 co
mpr
ehen
sive
uni
vers
ity in
Mac
lean
’s an
nual
revi
ew o
f Can
adia
n un
iver
sitie
s in
201
5. P
rice
& a
vaila
bilit
y su
bjec
t to
chan
ge w
ithou
t not
ice.
Thi
s is
not
an
offer
ing
for s
ale.
Any
suc
h off
erin
g ca
n on
ly b
e m
ade
with
dis
clos
ure
stat
emen
t. E.
&O
.E.
HIG
HLA
ND
CT
UNIVERSITY H
IGH ST
UN
IVER
SITY
CR
ESC
ENT
AR
TS R
D
Bur
naby
Mou
ntai
n
SALE
S C
ENTR
E
Lougheed Hwy
Lougheed Hwy
Mary Hill Bypass
Mary Hill Bypass
Lougheed Hwy
Lougheed Hwy
Barnet HwyBarnet HwyST JOHNS STST JOHNS ST
Loug
heed
Hw
y
Loug
heed
Hw
y
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
AUSTIN AVEAUSTIN AVE
LIN
TON
ST
LIN
TON
ST
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
HERITAGE MOUNTAIN BLVD
HERITAGE MOUNTAIN BLVD
IOCO RDIOCO RD
LANSDOWNE DR
LANSDOWNE DR
DAVID AVEDAVID AVE
DAVID AVE
DAVID AVE
GAT
EN
SB
UR
Y S
TG
ATE
NS
BU
RY
ST
LINCOLN AVELINCOLN AVE
DOMINION AVEDOMINION AVE
VICTORIA DRVICTORIA DR
VICTO
RIA D
R
VICTO
RIA D
R
PRAIRIE AVEPRAIRIE AVE
CE
DA
R D
RC
ED
AR
DR
KINGSWAY AVE
KINGSWAY AVE
NO
RTH
RD
NO
RTH
RD
MU
ND
Y S
TM
UN
DY
ST
AUSTIN AVEAUSTIN AVE
COMO LAKE AVECOMO LAKE AVE
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
FORD RDFORD RD
21
0TH
ST
21
0TH
ST
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
RIVER RDRIVER RD
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
108TH AVE108TH AVE
104TH AVE104TH AVE
102TH AVE102TH AVE
JAC
KSO
N
JAC
KSO
N
MACLURE DRMACLURE DR
20
3R
D S
T2
03
RD
ST
207
TH S
T2
07TH
ST
HA
RR
IS R
DH
AR
RIS
RD
HAMMOND RDHAMMOND RD
HA
RR
IS R
DH
AR
RIS
RD
S B
ON
SO
N R
DS
BO
NS
ON
RD
21
6TH
ST
21
6TH
ST
123RD AVE123RD AVE
124TH AVE124TH AVE
22
4TH
ST
22
4TH
ST
22
7TH
ST
22
7TH
ST
22
8TH
ST
22
8TH
ST
22
4TH
ST
22
4TH
ST
116TH AVE 116TH AVE
KANAKA WAY
KANAKA WAY
23
2R
D S
T2
32
RD
ST
24
0TH
ST
24
0TH
ST
24
0TH
ST
24
0TH
ST
24
8TH
ST
24
8TH
ST
272
ND
ST
272
ND
ST
DAWES HILL RD
DAWES HILL RD
BLU
E M
OU
NTA
IN S
T B
LUE
MO
UN
TAIN
ST
MA
RIN
ER
WAY
M
AR
INE
R W
AY
M U N D Y P A R KM U N D Y P A R K
F R A S E R R I V E RF R A S E R R I V E R
C O M O
L A K E
P A R K
C O M O
L A K E
P A R K
C O L O N Y F A R M
R E G I O N A L P A R K
C O L O N Y F A R M
R E G I O N A L P A R K
M E A D O W
G A R D E N S
G O L F C O U R S E
M E A D O W
G A R D E N S
G O L F C O U R S E
D E R B Y R E A C H
R E G I O N A L P A R K
D E R B Y R E A C H
R E G I O N A L P A R K
G O L D E N E A R S
B R I D G E
G O L D E N E A R S
B R I D G E
K A N A K A
C R E E K
R E G I O N A L
P A R K
K A N A K A
C R E E K
R E G I O N A L
P A R K
I N L E T
P A R K
I N L E T
P A R KR O C K Y P O I N T
P A R K
R O C K Y P O I N T
P A R K
S H O R E L I N E
P A R K
S H O R E L I N E
P A R K
P I O N E E R
M E M O R I A L
P A R K
P I O N E E R
M E M O R I A L
P A R K
R I D G E
P A R K
R I D G E
P A R K
T O W N
C E N T R E
P A R K
T O W N
C E N T R E
P A R K
P I T T M E A D O W S
A I R P O R T
P I T T M E A D O W S
A I R P O R T
C O Q U I T L A M
C E N T R E
C O Q U I T L A M
C E N T R E
PIN
ETR
EE W
AY
PIN
ETR
EE W
AY
110TH AVE110TH AVE
Lougheed Hw
y
Lougheed Hw
y
Barnet Hwy
Barnet Hwy
THERMAL DR
THERMAL DR
PAR
KWAY
BLV
D
PAR
KWAY
BLV
D
PLATEAU
BLVD
PLATEAU
BLVD
JOH
NS
ON
ST
JOH
NS
ON
ST
CLARKE
RD
CLARKE
RD
BRUNETTE AVE
BRUNETTE AVE
Lougheed Hwy
Lougheed Hwy
CO
AS
T M
ER
IDIA
N R
DC
OA
ST
ME
RID
IAN
RD
CO
AS
T M
ER
IDIA
N R
DC
OA
ST
ME
RID
IAN
RD
SHAU
GH
NES
SY S
T
SHAU
GH
NES
SY S
T
OTT
AW
A S
TO
TTA
WA
ST
4
1
2
Pitt Meadows | Maple Ridge
5
6
3
NEW CONDOS:
1. REFLECTIONS ON THE RIVER22327 River Road604.477.1500
2. MEADOWS POINTE20331 Dewdney Trunk Rd.604-807-2423
NEW HOMES:
3. MONTGOMERY ACRES24405 112 Ave604-477-2959
4. MYRON'S MUSE23651 132nd Ave604-380-1801
5. MAPLE HEIGHTSOpen Daily 12-5 (except Fridays)104–11305 240th Street604-380-1215
6. FALCON HOUSEPresentation Center12011 224th Street604-477-1500
SEARCH ONLINEypnexthome.ca
AAAAAAA
26 YPNEXTHOME.CA
NOW
SELLING
Lougheed Hwy
Lougheed Hwy
Mary Hill Bypass
Mary Hill Bypass
Lougheed Hwy
Lougheed Hwy
Barnet HwyBarnet HwyST JOHNS STST JOHNS ST
Loug
heed
Hw
y
Loug
heed
Hw
y
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
AUSTIN AVEAUSTIN AVE
LIN
TON
ST
LIN
TON
ST
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
HERITAGE MOUNTAIN BLVD
HERITAGE MOUNTAIN BLVD
IOCO RDIOCO RD
LANSDOWNE DR
LANSDOWNE DR
DAVID AVEDAVID AVE
DAVID AVE
DAVID AVE
GAT
EN
SB
UR
Y S
TG
ATE
NS
BU
RY
ST
LINCOLN AVELINCOLN AVE
DOMINION AVEDOMINION AVE
VICTORIA DRVICTORIA DR
VICTO
RIA D
R
VICTO
RIA D
R
PRAIRIE AVEPRAIRIE AVE CE
DA
R D
RC
ED
AR
DR
KINGSWAY AVE
KINGSWAY AVE
NO
RTH
RD
NO
RTH
RD
MU
ND
Y S
TM
UN
DY
ST
AUSTIN AVEAUSTIN AVE
SMITH AVESMITH AVE
COMO LAKE AVECOMO LAKE AVE
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
FORD RDFORD RD
21
0TH
ST
21
0TH
ST
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
RIVER RDRIVER RD
DEWDNEY TRUNK RDDEWDNEY TRUNK RD
108TH AVE108TH AVE
104TH AVE104TH AVE
102TH AVE102TH AVE
JAC
KSO
N
JAC
KSO
N
MACLURE DRMACLURE DR
20
3R
D S
T2
03
RD
ST
207
TH S
T2
07TH
ST
HA
RR
IS R
DH
AR
RIS
RD
HAMMOND RDHAMMOND RD
HA
RR
IS R
DH
AR
RIS
RD
S B
ON
SO
N R
DS
BO
NS
ON
RD
21
6TH
ST
21
6TH
ST
123RD AVE123RD AVE124TH AVE124TH AVE
22
4TH
ST
22
4TH
ST
22
7TH
ST
22
7TH
ST
22
8TH
ST
22
8TH
ST
22
4TH
ST
22
4TH
ST
116TH AVE 116TH AVE
KANAKA WAY
KANAKA WAY
23
2R
D S
T2
32
RD
ST
24
0TH
ST
24
0TH
ST
24
0TH
ST
24
0TH
ST
24
8TH
ST
24
8TH
ST
272
ND
ST
272
ND
ST
BLU
E M
OU
NTA
IN S
T B
LUE
MO
UN
TAIN
ST
MA
RIN
ER
WAY
M
AR
INE
R W
AY
MUNDY PARKMUNDY PARK
FRASER RIVERFRASER RIVER
COMOLAKEPARK
COMOLAKEPARK
COLONY FARMREGIONAL PARKCOLONY FARM
REGIONAL PARKMEADOWGARDENS
GOLF COURSE
MEADOWGARDENS
GOLF COURSE
DERBY REACHREGIONAL PARKDERBY REACH
REGIONAL PARK
GOLDEN EARSBRIDGE
GOLDEN EARSBRIDGE
KANAKACREEK
REGIONALPARK
KANAKACREEK
REGIONALPARK
INLETPARKINLETPARK
ROCKYPOINTPARK
ROCKYPOINTPARK
SHORELINEPARK
SHORELINEPARK
PIONEERMEMORIAL
PARK
PIONEERMEMORIAL
PARK
RIDGEPARK
RIDGEPARK
TOWNCENTRE
PARK
TOWNCENTRE
PARK
PITT MEADOWSAIRPORT
PITT MEADOWSAIRPORT
COQUITLAMCENTRE
COQUITLAMCENTRE
PIN
ETR
EE W
AY
PIN
ETR
EE W
AY
110TH AVE110TH AVE
Lougheed Hw
y
Lougheed Hw
y
Barnet Hwy
Barnet Hwy
THERMAL DR
THERMAL DR
PAR
KWAY
BLV
D
PAR
KWAY
BLV
D P
LATEAU B
LVD
PLATEAU
BLVD
JOH
NS
ON
ST
JOH
NS
ON
ST
CLARKE
RD
CLARKE
RD
CO
AS
T M
ER
IDIA
N R
DC
OA
ST
ME
RID
IAN
RD
OTT
AW
A S
TO
TTA
WA
ST
DAWES HILL RD
BRUNETTE AVE
Lougheed Hwy
Lougheed Hwy
SHAU
GH
NES
SY S
T
SHAU
GH
NES
SY S
T CO
AS
T M
ER
IDIA
N R
DC
OA
ST
ME
RID
IAN
RD
NEW CONDOS: A1. CROWN
520 Como Lake AvePresentation Centre#104 - 522 Clarke Rd604-939-8868
A2. CHARLAND2102 - 963 Charland Ave604-492-3388
A3. UPTOWN2bosaproperties.com604-939-2677
A4. EVERGREEN3007 Dlen Drive604-942-2672
A5. NOVELLA711 Breslay StPresentation Centre #170 - 3355 North Rd (at Cameron St)604-563-5777
A6. LLOYD AT WINDSOR GATE3096 Windsor Gate604-942-8416
A7. LOUGHEED HEIGHTSPresentation Centre581 Clarke Road (at Como Lake Ave)Open daily noon to 5pm604-939-2677
A8. BURQUITLAM CAPITAL513 Clarke Road604-681-8220
NEW HOMES:
A9. CRISTALLO HOMES828 Gauthier Ave.604-939-6816
A10. NELSON ON FOSTERNorth Road & Foster Ave.604.998.8998
NEW CONDOS: B1. FREMONT GREEN
Fremont Connector604-468-0084
NEW HOMES:
B2. FREMONT INDIGO2332 Ranger Lane604-552-0319
COQUITLAM PORT COQUITLAM
A3A8
A4
B1
A2
A5B2
C1
A9
A10
A1
Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows
SEARCH ONLINEypnexthome.ca
28 YPNEXTHOME.CA
What’s Online
The latest real estate news from across Canada
Trending now
Want more great articles like this delivered directly to your inbox?
READ THE STORY ONLINEnexthome.yp.ca/new-homebuyers
The 2016 BILD Awards — the best of the industry
SIGN UP FOR OUR NEWSLETTER
ypnexthome.ca/newsletter
Visit our website:
Twitter@ypnexthome
@ ypnexthome_VAN
Facebookypnexthome
Instagramypnexthome
Pinterestypnexthome
Break and enter: The top ‘hoods on a burglar’s hit list
New-home buyers, who’s watching your back?
Comparing Canadian condo fees: Torontonians pay more
READ THE STORY ONLINEnexthome.yp.ca/break-and-enter
READ THE STORY ONLINEnexthome.yp.ca/condo-fees
nexthome.yp.ca/bild-awards
WATCH THE VIDEO ONLINE
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 29
Advice | MONEY MATTERS
Condo considerations, inside and out
PEOPLE TELL ME they don’t know how to
make a budget. Once I started doing the
show Til Debt Do Us Part and introduced
the magic jars, people headed out to buy
their own. But they still couldn’t figure
out how much money to put in the
bloody things.
So I’ve created a step-by-step plan.
Using this plan and Gail’s Interactive
Budget Worksheet (gailvazoxlade.
com/resources/interactive_budget_
worksheet.html), you can build a budget
that will tell you how you’re doing and
how much to stick in the jars if you’ve
decided to live on cash.
Okay, here we go.1. On the budget worksheet, fill in
all the amounts under income.
You’ll need your “gross” income and your
“net” income. If you make $60,000 a year
gross, you would enter 60,000/12 (which
is $60,000 divided by 12.) Ditto for your
monthly net income.
If you’re paid on any other schedule,
you have to use your lowest monthly
income as your base, and use any
extra money you receive to boost your
planned spending (for things like furniture
acquisitions, vacations, and the like).
2. Enter any other sources of income
you may have. You must use “monthly”
amounts. So if you average $6,000 in
annual child support received, you would
enter $500 for your monthly amount. If
you receive income that is irregular —
like an annual bonus — do not enter it
By Gail Vaz-Oxlade
30 YPNEXTHOME.CA
under income. Why? Well, if you bank
on getting it and you don’t you’ll be
SOL. Better to use that money for things
like gifts, vacations, and other extras —
things you don’t have to pay for if the
bonus doesn’t materialize.
3. Now it’s time for the fi xed expenses.
Get out your last bank statement(s).
Based on what you spent last month,
fi ll in the fi xed expenses. Don’t worry if
the numbers seem high at fi rst, just put
in what you spent last month, based on
what went out of your bank account.
4. We’re going to skip down to “saving”
now. Yep, you have to save. Don’t bother
arguing, you have to save. I want you to
divide your monthly income by 100 and
multiply your answer by fi ve. There, that’s
fi ve per cent and is the minimum you
should be saving. Ultimately, you need
to save 10 per cent, but let’s start with
fi ve per cent and work from there. Under
“emergency” enter $100.
5. Next we’ll do debt repayment. Add up
your monthly debt repayment amounts.
Include what you’re spending to repay
everything except your mortgage and
your car loan/lease. Put it under “debt
repayment.”
6. Now look at the bottom line on the
budget — the line that says Income
– Expenses. What do you have left?
Whatever it is, that’s what you have to
work with to budget for your variable
expenses. Yup. That’s it. Go ahead
and divvy up the money in the various
categories under Variable Expenses. If
you fi nd you’re left with $20 a month for
groceries and you know that just won’t
do, then you have two choices:
You can go back and cut expenses.
Yup, even in fi xed expenses you can fi nd
places to cut like cell phone or cable.
You can make more money. Work
harder, work smarter. Get a second job, a
third job, a better job.
That’s your budget.
Two more things:7. You’ll see that the budget
automatically calculated how much must
go into each of your jars each week/
month if you plan to live on cash.
8. You’ll also see your percentages
automatically calculated. The fi nancial rule
of thumb says you shouldn’t spend more
than 35 per cent of your net income on
housing. (That includes mortgage/rent,
condo fees/maintenance, property tax
and utilities.)
If you’re spending more than 35 per
cent, either you can look for ways to cut
back on your housing costs, you can
make more money, or you can trim in
other areas (like transportation) so you
end up balancing at the bottom line.
It’s your money. You can do anything
you want with it except spend more than
you make.
Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever and blogs daily at gailvazoxlade.com
MORE ADVICE ONLINEnexthome.yp.ca/news/advice
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 31
BURRARD INLET
MA
IN S
T
JERICHO BEACH
PARK
PACIFICSPIRITPARK
QUEENELIZABETH
PARK
QUEENELIZABETH
PARK
GR
AN
VIL
LE S
TG
RA
NV
ILLE
ST
KN
IGH
T S
TK
NIG
HT
ST
SE MARINE DRSE MARINE DR
BO
UN
DA
RY
RD
BO
UN
DA
RY
RD
KINGSWAY
KINGSWAY
CA
MB
IE S
TC
AM
BIE
ST
E HASTINGS STE HASTINGS ST
UBCUBC
MA
IN S
T
SW MARINE DR
SW MARINE DR
W 10TH AVEW 10TH AVE
WESTB
RO
OK
MALL
WESTB
RO
OK
MALL
W 4TH AVE
CORNWALL AVE
W BROADWAY
E 1ST AVE
E BROADWAYE BROADWAY
E 12TH AVEE 12TH AVE
E 29TH AVEE 29TH AVE
W 6TH AVE
W 12TH AVEW 12TH AVE
VENABLES ST
TERMINAL AVE
TERMINAL AVE
E 33RD AVE
E 41ST AVEE 41ST AVE
W 41ST AVE
DU
NB
AR
ST
OA
K S
TO
AK
ST
OA
K S
TO
AK
ST
E 49TH AVE
W 49TH AVE
W 57TH AVEW 57TH AVE
POINT GREY RD
W 16TH AVE
NW MARINE DR
W 16TH AVE
SW MARINE DR
CHANCELLOR BLVD
W KING EDWARD AVEM
CD
ON
ALD
ST
BU
RR
AR
D S
TB
UR
RA
RD
ST
W BROADWAYA
LMA
ST CO
MM
ER
CIA
L D
R
E BROADWAY RE
NF
RE
W S
TR
EN
FR
EW
ST
E KING EDWARD AVE
VIC
TOR
IA D
RV
ICTO
RIA
DR
AR
BU
TUS
ST
AR
BU
TUS
ST
W 70TH AVE
NEW CONDOS: 1. ARC
88 Pacific Blvd. 604-899-8800
2. 1555 WEST EIGHTH 1555 W 8th 604-828-3998 1555w8.com
3. SHANNON WALL CENTRE PRESENTATION CENTRE 2126 41st Avenue 604-267-2888
4. AVALON MEWS 5808 Wales 604-438-5050
5. JERVIS Sales Centre 1295 Davie Street 604-998-8989
6. TATE DOWNTOWN 1265 Howe St 604-568-8283
7. PROXIMITY 2nd Ave & Ont 604-731-3500
8. THE CREEK 95 East 1ar Ave thecreekbyconcert.com
9. STERLING 49th & West Boulevard 604-428-8858
10. RENFREW & 2ND 1831 Renfrew St 604-830-3938
11. 8X ON THE PARK Richards & Helmcken 8xonthepark.com
12. R+R 3202 Riverwalk Avenue, 604-434-2205
13. QUARTET AT RIVER DISTRICT Sales Centre: 8700 Kinross St 604-879-8830
NEW HOMES: 14. ASTON
Oak and 38th 604-418-6809
15. THE REGENT AT KING EDWARD STATION 523 W. King Edward Ave 604-273-1313
16. OAK + PARK 604-558-5851
17. GRAYSON 26th and Cambie 604-558-1907
18. SHAUGHNESSY RESIDENCES 8123 Shaughnessy Street 604 558 5848
19. MAISONETTE SW corner of Granville & 57th marcon.ca/maisonette
20. MCKINNON West Boulevard & 48th Ave. mckinnonbycressey.com
21. 7430-7488 GRANVILLE 7430-7488 Granville St 7430-7488
8
7
16
18
15
14
1721
19
20
4
6 1
11
9
3
1213
10
2
SEABUS
Vancouver | Downtown Vancouver
604-453-6600 [email protected] @THEAGENCYREM /THEAGENCYREM
PROJECT SALES AND MARKETING PROFESSIONALSWWW.THEAGENCYREM.COM
32 YPNEXTHOME.CA
604.891.1288 IntracorpTownhomes.ca* Renderings are for illustrative purposes only. This is not an offering
for sale as such an offer can only be made when accompanied by a Disclosure Statement. E&OE. Sales & Marketing by Intracorp Realty Ltd. Intracorp Park Drive Limited Partnership.
THE INTRACORP TOWNHOME COLLECTION
7430–7488 GRANVILLEA sophisticated collection of 26 three bedroom townhomes set in an established Westside Vancouver neighbourhood.
Coming this June. Register Today.
W 59TH AVE
W 58TH AVE
PARK DR
W 58TH AVE
GR
AN
VILLE ST
N
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 33
VANCOUVER
Advice | MIND OVER MORTGAGE
By Alisa Aragon
MORE ADVICE ONLINEypnexthome.ca/news/advice
OWNING AN INVESTMENT PROPERTY
can be a great way to create fi nancial
security for you and your family. Buying a
condo, townhome, house or small multi-
unit building has lots of advantages,
including monthly rent income, property
value appreciation, tax deductions and
the ability to use the bank’s money to
make more money for yourself.
However, you have to invest in an
investment property with your eyes
wide open. Here are some potentially
expensive mistakes to avoid:
» Treating the property purely as an
investment and not as a business.
Owning an investment property is
like owning a business. People think
the only thing they have to do is buy
it, rent it and forget it. Decisions will
need to be made from time to time
regarding maintenance and upgrades,
rent reviews, new leases, etc. Even if
you hire a property manager that will
do the work, they can only do what is
instructed.
» Unwittingly breaking a law. Before
you buy, do some research. Make sure
you understand landlord laws, your
responsibilities and liabilities, and the
ins and outs of leases.
» Getting pre-approved fi rst. Talk to a
mortgage expert before you start your
search so you know how much you
can qualify for and you know what you
are going to require.
So you want to be a landlord13 Mistakes to avoid when buying an investment property
34 YPNEXTHOME.CA
Alisa Aragon is a Mortgage Expert who develops short & long term strategies that are customized for each client. Her strategies include the best mortgage with the most favourable terms and rates to suit your needs. DLC Mountain View. www.YMSG.ca or [email protected]
» Not factoring in running costs. The
price of the home is only the first of a
series of home ownership expenses.
Before you rush off at buying consider
some of the costs such as property
taxes and strata fees if applicable.
» Working with a buyer’s agent. Work
with a trusted real estate agent that
has experience and knowledge on
buying investment properties. Buying
an investment property is about
numbers while buying your own home
is about an emotional purchase.
» Buying a property sight unseen. This
could be a recipe for disaster. Unless
you do a site inspection yourself
or have your real estate agent who
knows exactly what you want. This is a
big investment surely you can take the
time to inspect it.
» Not checking out the property
adequately. Having the property
professionally inspected can help
avoid unexpected expenses. There
are many potential problems with any
home that you are not likely to pick up
yourself.
» Not having enough funds to cover
unexpected expenses. What if
your property sits vacant for a few
months? Will you have enough to
cover your mortgage payments? What
if you suddenly need a new roof or
furnace? It’s wise, if possible, to keep
an emergency fund of about 10% of
the value of the property to carry you
through the tough times.
» Not having a proper and efficient
maintenance schedule in place. All
properties, their fixtures and fittings
wear out! Damage does occur. It is
important to keep maintenance up
and have it done on time.
» Expecting too much. If you expect to
get rich quick, you may be tempted
to set the rent too high and lose your
tenants. Research comparable units
and be reasonable.
» Becoming a slave to the property.
Decide how much your time means
to you. If your investment property
becomes a second full time job, is it
really worth it? Factor in the cost of
a property management company, if
necessary.
» Not checking out tenants adequately.
Ask for references (especially their past
landlords) and follow them up. Run
credit checks. If applicable, drive by
the prospect’s current property and
see how well it’s cared for.
» Not doing regular (at least annually)
financial analysis. Remember, this
is a business. All business owners
regularly review their financials. You
property manager should provide you
with monthly and annual statements
of receipts and expenditures.
Consider doing an annual market
appraisal to see how the value of the
property is going. Sometimes it is
strategic to sell of some assets and
purchase new ones.
One way to help make things go
more smoothly is to join your local
landlord association. These groups can
update you on laws, supply sample lease
agreements, recommend suppliers, etc.
These mistakes to avoid are not
intended to discourage you from buy
an investment property but to assist you
to proceed with open eyes and know
what you are getting into. Buying an
investment property means work, but
it is a great way to create wealth and
financial security for you and your family.
If you would like some help to
analyze you financial ability to invest
in an investment property, talk to a
professional Mortgage Expert.
One way to help make things go more smoothly is to join your local landlord association. These groups can update you on laws, supply sample lease agreements, recommend suppliers, etc.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 35
T H I S I S N O T A N O F F E R I N G O F S A L E . S U C H O F F E R I N G C A N O N L Y B E M A D E B Y W A Y O F D I S C L O S U R E S T A T E M E N T , E . & O . E .
Designed by esteemed Formwerks Architectural, with modern interiors by Occupy Design. Close to Sir Winston Churchill Secondary School, and steps from Oak Park.
Craftsman inspired Westside Residences coming soon to Marpole.
3 & 4 B E D R O O M T O W N H O M E S
A L A B A S T E R H O M E S . C A 6 0 4 5 5 8 5 8 5 2
Available May 2016. Register now.
T H I S I S N O T A N O F F E R I N G O F S A L E . S U C H O F F E R I N G C A N O N L Y B E M A D E B Y W A Y O F D I S C L O S U R E S T A T E M E N T , E . & O . E .
A L A B A S T E R H O M E S . C A 6 0 4 5 5 8 5 8 5 1
T I M E L E S S
W E S T S I D E
A D D R E S S
C L A S S I C A L LY I N S P I R E D D E S I G N B Y C I C C O Z Z I A R C H I T E C T U R E
3 B E D R O O M S & D E N T O W N H O M E S
S TA R T I N G F R O M T H E L O W $ 9 0 0 , 0 0 0 s
Available June 2016. Register now.
Trending
ACCORDING TO STATISTICS RELEASED
today by The Canadian Real Estate
Association (CREA), national home sales
in April 2016 rose to their highest level
ever.
Highlights: » National home sales rose by 3.1% from
March to April.
» Actual (not seasonally adjusted) activity
was up 10.3% compared to April 2015.
» The number of newly listed homes
was little changed (-0.2%) from March
to April.
» The MLS Home Price Index (HPI) rose
10.3% year-over-year in April.
» The national average sale price
climbed 13.1% in April from one year
ago; net of the Greater Toronto Area
and Greater Vancouver, it was up by
8.7% year-over-year.
The number of homes trading hands
via Canadian MLS Systems in April 2016
rose by 3.1 per cent month-over-month
to set a new monthly record.
Sales were up in April compared to
the previous month in about 70 per
cent of all local markets, led by the
National Capital Region and Edmonton.
Following small declines the previous
month, activity held steady in the Greater
Toronto Area and edged lower in Greater
Vancouver.
“National home sales set new monthly
records over the past two months, even
as activity in Greater Vancouver and
the GTA appears to have topped out,”
said CREA President Cliff Iverson. “With
almost three-quarters of all local markets
posting sales gains in April, there are
plenty of other places where sales are
climbing as we head into the busiest
time of the year for homebuyers. As
always, your local realtor remains your
best source for information about sales
and listings where you live or might like
to in the future.”
Canadian home sales set record in April
“Supply shortages and tight housing
market conditions have become self-
reinforcing in the GTA,” said Gregory
Klump, CREA’s Chief Economist. “The
Greater Vancouver Area appears to be
heading in that direction too. While
significant home price gains may entice
some homeowners in these markets
to list their home for sale, the issue
for many is that the decision to move
means they would also be looking to
buy while competition for scarce listings
is fierce. As a result, many homeowners
are deciding to stay put and continue
accumulating capital gains. That’s
keeping listings off the markets at a time
when they are already in short supply.”
Actual (not seasonally adjusted) sales
activity rose 10.3 per cent from one year
ago to shatter all previous records for the
month of April. It also marked the second
highest level for transactions for any single
month and stood 16.5 per cent above the
10-year average for the month of April.
Activity was up from year-ago levels
in about 70 per cent of all local markets,
led by a number of markets in British
Columbia as well as the GTA.
Newly listed homes edged slightly
lower (-0.2 per cent) in April 2016
compared to March. The number of
markets where new supply rose and
where it fell was fairly evenly split. New
listings were up most in Edmonton
and on Vancouver Island but fell in the
GTA, London & St. Thomas as well as
Newfoundland & Labrador.
The national sales-to-new listings ratio
rose to 64.5 per cent in April 2016, the
ratio’s tightest reading since October
2009. A sales-to-new listings ratio
between 40 and 60 per cent is generally
consistent with balanced housing market
conditions, with readings below and
50,000
45,000
40,000
35,000
30,000
25,000
20,000
Jan
2007
Jan
2008
Jan
2009
Jan
2010
Jan
2011
Jan
2012
Jan
2013
Jan
2014
Jan
2015
Jan
2016
* Canada: seasonally adjusted
Monthly Home Sales*
38 YPNEXTHOME.CA
MORE TRENDING ONLINEypnexthome.ca/news
above this range indicating buyers’ and
sellers’ markets respectively.
The ratio was above 60 per cent in
about half of all local housing markets
in April, virtually all of which are located
in British Columbia, the Greater Toronto
Area or in Southwestern Ontario.
The number of months of inventory
is another important measure of the
balance between housing supply and
demand. It represents the number of
months it would take to completely
liquidate current inventories at the
current rate of sales activity.
There were 4.7 months of inventory on
a national basis at the end of April 2016,
the lowest level in more than six years
and a refl ection of increasingly tighter
housing markets in B.C. and Ontario. The
number of months of inventory currently
sits at or below two months in a growing
number of local markets in British
Columbia, the GTA and environs and in
Southwestern Ontario.
The Aggregate Composite MLS HPI
rose by 10.3 per cent on a year-over year
basis in April 2016, the biggest gain since
May 2010.
For the third consecutive month, year-
over-year price growth accelerated for
all Benchmark property types tracked by
the index.
Continuing the trend seen in recent
months, two-storey single family home
prices posted the biggest year-over-
year gain (+12.3 per cent), followed by
townhouse/row units (+9.8 per cent), one-
storey single family homes (+9.4 per cent),
and apartment units (+7.9 per cent).
While 9 of the 11 markets tracked
by the MLS HPI posted year-over-year
price gains in April, price growth among
housing markets continues to vary
widely.
Greater Vancouver (+25.3 per cent)
and the Fraser Valley (+25.6 per cent)
posted the largest gains, followed by
Greater Toronto (+12.6 per cent), Victoria
(+12.0 per cent) and Vancouver Island
(+8.2 per cent). By contrast, home prices
fell by 3.5 per cent and 2.4 percent in
Calgary and Saskatoon respectively,
which are smaller declines than those
posted by these markets in March.
Year-over-year price growth advanced
further into positive territory in Regina
(+1.9 per cent) and edged higher on a
year-over-year basis in Ottawa (+1.1 per
cent) and Greater Montreal (+1.3 per cent).
Home prices in Greater Moncton recorded
their ninth consecutive year-over-year
gain, rising 6.6 per cent from where they
stood one year earlier.
The MLS Home Price Index (MLS HPI)
provides a better gauge of price trends
than is possible using averages because
average price is prone to being distorted
by changes in the mix of sales activity.
The actual (not seasonally adjusted)
national average price for homes sold in
April 2016 was $508,097, up 13.1 per cent
on a year-over-year basis.
The national average price continues
to be pulled upward by sales activity in
Greater Vancouver and Greater Toronto,
which are among Canada’s tightest, most
active and expensive housing markets. If
these two housing markets are excluded
from calculations, the average is a more
modest $369,222 and the year-over-year
gain is reduced to 8.7 per cent.
Even then, this refl ects a tug of war
between strong average price gains in
housing markets around the GTA and in
the Lower Mainland of British Columbia
versus fl at or declining average prices
elsewhere in Canada. The average
price for Canada net of sales in British
Columbia and Ontario in April 2016 was
down 1.7 per cent year-over-year to
$301,951.
Aggregate Composite MLS® HPIYear-over-year percentage change
Jan
2007
Jan
2008
Jan
2009
Jan
2010
Jan
2011
Jan
2012
Jan
2013
Jan
2014
Jan
2015
Jan
2016
20
15
10
5
0
-5
-10
per c
ent
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 39
Concert Properties Ltd. - Navio at the Creek - New Condo Guide-FULL PAGE
7.25”w x 9”h - Full ColourRevised: May 18th, 2016 - Due: May 18th, 2016 - Run: May 27th, 2016
Pub: [email protected] Creative: [email protected] (Christina Heemskerk)
- New Condo Guide-
COM
ING
THIS
SUM
MER
This is not an offering for sale. Such offering may be made by Disclosure Statement only. May 2016. E.&O.E. Concert Realty Services Ltd. Registered trademarks of Concert Properties Ltd., used under license.
NAVÍO emerges at The Creek, Vancouver ’s most desirable new
waterfront community. Overlooking a 2.7-acre park on False Creek’s
celebrated Seawall, these two boutique buildings offer 177 homes
– including a rare offering of 18 distinct townhomes. Combined
with spacious open floorplans, sophisticated finishes and dramatic
balconies sized for entertaining, NAVÍO is the envy of Vancouver.
A VANCOUVER EXCLUSIVE
Register Today TheCreekbyConcert.com
False Creek’s largest selection of Parkside Homes
over 900 square feet, from the mid $900s
40 YPNEXTHOME.CA
VANCOUVER
604.428.8858 McKinnonByCressey.com This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.& O.E.
REGISTER NOW
C O N T I N U I N G T H E L E G A C Y O F C R E S S E Y ’ S K E R R I S D A L E C O L L E C T I O N40 spacious concrete residences featuring one of the largest, most functional CresseyKitchens™ ever built, expansive private outdoor patios, and living spaces designed to entertain.
C O M I N G S O O N T O 4 8 T H & W E S T B O U L E V A R D
HASTINGS ST
ALBERT ST
PANDORA ST
TRIUMPH ST
HASTINGS ST
ALBERT ST
PANDORA ST
TRIUMPH ST
WIL
LIN
GD
ON
AV
E
RO
SS
ER
AV
E
WIL
LIN
GD
ON
AV
E
GEORGIA ST
FRANCES ST
PENDER ST
GEORGIA ST
FRANCES ST
PENDER ST
SE
A T
O R
IVE
R B
IKE
WA
Y
GIL
MO
RE
AV
E
MA
DIS
ON
AV
E
RO
SS
ER
AV
E
MA
DIS
ON
AV
E
SE
A T
O R
IVE
R B
IKE
WA
YS
EA
TO
RIV
ER
BIK
EW
AY
GIL
MO
RE
AV
E
RO
SS
ER
AV
E
WIL
LIN
GD
ON
AV
E
AL
PH
A A
VE
AL
PH
A A
VE
MA
DIS
ON
AV
E
SE
A T
O R
IVE
R B
IKE
WA
Y
GIL
MO
RE
AV
E
MA
CD
ON
AL
D A
VE
MA
CD
ON
AL
D A
VE
MA
CD
ON
AL
D A
VE
HASTINGS ST
ALBERT ST
GEORGIA ST
UNION ST UNION ST UNION ST
VENABLES ST VENABLES ST VENABLES ST
FRANCES ST
PENDER ST
PARKER ST PARKER ST PARKER ST
BE
TA A
VE
BE
TA A
VE
Disclaimer: Pricing is subject to change. Renderings are an artist’s conception and are intended as general reference only. This is not an offering for sale. Any such offering
can only be made with a Disclosure Statement. E&OE
With its location at the crest of Burnaby Heights, every homeowner at Modena will enjoy spectacular views of your favourite neighbourhood and beyond thanks to the fabulous Roof Top Lounge. Pack up your hot meal prepared in your deluxe chef’s kitchen and head up to the roof to enjoy dinner surrounded by the city lights of downtown to the snow-capped peaks of the North Shore Mountains. Modena homes include built in heating and air conditioning for year round comfort.
1 Bedroom homes from: $434,900 2 Bedroom homes from: $544,900
CALL TODAY FOR A PRIVATE APPOINTMENTMODENABURNABY.COM 604.294.9919
NOW SELLING
VIEWS WORTH SHARING
Artist rendering only
Connaught’s boutique collection of 1, 2 and 3 bedroom homes that range up to 1,600 sq.ft. are now
ready for previewing. These elegant concrete residences feature air-conditioning, gourmet kitchens
with integrated premium appliances by Bosch, custom Italian cabinetry and dramatic marble slab
backsplashes. Connaught offers a variety of amenities including a landscaped rooftop courtyard,
concierge, and new shops that complement the established and highly walkable Edgemont Village,
located just 15 minutes from downtown Vancouver. Register today.
Connaught in Edgemont Village.One of a Kind.
NOW PREVIEWING
Book your private
appointment today:
connaughtliving.com or
call 604.699.0036 to
speak with a sales advisor.
This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE. Prices are subject to change without notice
HIGHLA
ND BLVD
W QUEENS RD
EDGEMO
NT
BLVD
P R E S E N T A T I O N C E N T R EPRESENTATION CENTRE3044 Edgemont Boulevard, North Vancouver, BC (By Appointment)
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 41
VANCOUVER
Inspiration | DESIGN SECRETS
PHO
TOG
RAPH
Y, B
RAN
DO
N B
ARRE
LIN
K TO
BRA
ND
ON
BARR
E.CO
M‘OUTDOOR LIVING’ in your new home
Room designed by Jane Lockhart, B.A.A.I.D, intern ARIDO
Principal Designer Jane Lockhart Interior Design janelockhart.com
42 YPNEXTHOME.CA
NOW THAT WE’RE OFFICIALLY into spring,
it’s time to start shifting your thoughts to
your new outdoor space. While it may not
feel like spring, what better way to raise
your spirits than to start planning your
outdoor living space in your new home?
As a new home or condo owner, you
may be interested to know spending
money on your outdoor space can
improve the value of your home, as this
is a large growing trend. In fact, for the
fi rst time, more builders are including
decks in new homes than ever before.
Over the past fi ve years, we have
witnessed a signifi cant shift to outdoor
living. Clients are seeking outdoor living
spaces and equally, outdoor kitchens.
This trend has been growing steadily and
is evident across North America. In fact,
according to wrayward.com, 63 per cent
of architects report outdoor living spaces
are the most common special function
room in home construction. With the
increased progression to outdoor living,
there are also new trends emerging in
the category of outdoor furniture.
Most new-home owners are
looking for more of an outdoor living
room as opposed to the traditional
outdoor eating areas. There are more
conversation sets and outdoor sofas as a
result. Emerging trends include brilliant
outdoor furniture. I love seeing outdoor
coff ee tables, side tables and console
tables pop up in my favourite furniture
collections.
Another trend that is near and dear to my heart is
colour. Look for bold punches of vibrant colours being
brought to outdoor spaces. This trend far exceeds
the usual umbrellas and cushions. We are seeing
accessories come to life outdoors including vases,
candles, toss cushions, outdoor carpets and more.
As our Canadian weather normally doesn’t allow us
to stay comfortably outdoors for too long, trends are
pushing towards ways to lengthen the outdoor season.
Great new products on the market include gas-
fueled outdoor fi replaces, heating lamps and built-
in displays. Companies such as Napoleon Grills
(napoleongrills.com) now off er beautifully designed
pieces to create heat and compliment design while
extending the outdoor season.
There is an increase in multi-purpose outdoor
structures. More and more homeowners are turning
to pergolas, or covered structures that include lighting
and fans installed in the ceiling and with curtains
around the exterior. These structures give way to
spending evenings outdoors while watching a beautiful
rainstorm or when looking for shelter from humidity,
wind or bugs. As a new homeowner, a project like this
can add value to your new home!
Just beyond the pergola, deck or patio, in the
garden is where the next trend emerges. A lot of our
clients are trying their hand at gardening. There is an
emphasis on organic and homegrown veggies that has
found it’s way to Canadians. A lot more living walls or
garden walls are evident in outdoor living spaces. New
homeowners may consider container gardening to get
a head start!
The last trend we are seeing is a movement of
technology to the outdoors.
New homeowners may consider investing in
a WiFi outdoor access point to extend their WiFi
connections. We are also seeing a movement of sound,
televisions and projectors to the outdoors. Almost all
conveniences of an indoor living space now have an
outdoor counterpart.
If you are a new homeowner or considering
buying, now is the perfect time to plan your ultimate
outdoor living space. If you are not confi dent in your
own ability to create this space, think about hiring a
designer to help!
Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confi dential, and has a Canadian-built
furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com
Clients are seeking outdoor living spaces and equally, outdoor kitchens. This trend has been growing steadily and is evident across North America. In fact, according to wrayward.com, 63 per cent of architects report outdoor living spaces are the most common special function room in home construction.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 43
Abbotsford | Chilliwack
SU
MA
S W
A Y
SU
MA
S W
A Y
GLA
DW
IN R
DG
LAD
WIN
RD
MACLURE RD MACLURE RD
SOUTH FRASER WAY SOUTH FRASER WAY
CLEARBROOKPARK
CLEARBROOKPARK
OLD YALE RD
OLD YALE RD
MC
MIL
LIA
N R
DM
CM
ILLI
AN
RD
KING RDKING RD
TOW
NLI
NE
RD
TOW
NLI
NE
RD
MT
LEH
MA
N R
D
MT
LEH
MA
N R
D
WH
ATC
OM
RD
WH
ATC
OM
RD
MARSHALL RDMARSHALL RDMARSHALL RDMARSHALL RD
BEVAN AVEBEVAN AVE
SIMPSON RDSIMPSON RD
MC
CA
LLU
M R
DM
CC
ALL
UM
RD
HUNTINGDON RDHUNTINGDON RD
Hw
y 11
H
wy
11
MCKEEMCKEE
OLD CLAYBURN
TOW
NLI
NE
RD
TOW
NLI
NE
RD
MT
LEH
MA
N R
D
MT
LEH
MA
N R
D
SUMAS WAY
WH
ATCO
M R
D
WH
ATCO
M R
D
ABBOTSFORDINTERNATIONAL
AIRPORT
ABBOTSFORDINTERNATIONAL
AIRPORT
CLE
AR
BR
OO
K R
DMACLURE C
LEA
RB
RO
OK
RD
CLE
AR
BR
OO
K R
DOLD YALE RD
A3
ABBOTSFORD
NEW HOMES: A2. TEN OAKS
East Abbotsford 604.746.OAKS (6257)
A3. RESIDENCES AT GATEWAY 2031 McCallum Road 604.855.8116
A4. MAHOGANY AT MILL LAKE 2180 Gladwin Road 778.255.9990
NEW HOMES: B1. RIVER’S EDGE
Intersection of Peach Rd. and Dyke Rd. 604.824.5062
NEW CONDOS: B2. PARK RIDGE AT SARDIS VILLAGE
45761 Stevenson Road 604.703.9292
ABBOTSFORD
CHILLIWACK
A1
A2A3
PRAIRIE CENTRAL RDPRAIRIE CENTRAL RD
AIRPORT RDAIRPORT RDAIRPORT RDAIRPORT RD
5TH AVE5TH AVE
CHILLIWACK CENTRAL RDCHILLIWACK CENTRAL RD
BROOKS AVEBROOKS AVE
CHEAM AVECHEAM AVE
HODGINS AVE
HODGINS AVE
4TH AVE4TH AVE3RD AVE3RD AVE
CH
AR
LES
STC
HA
RLE
S ST
2ND AVE2ND AVE1ST AVE1ST AVE 1ST AVE1ST AVE
KNIGHT RDKNIGHT RD
EVA
NS
RD
EVA
NS
RD
WATSON RDWATSON RD
WE
BST
ER
RD
WE
BST
ER
RD
STEVENSON RDSTEVENSON RD
HIGGINSON RDHIGGINSON RD
BR
OA
DW
AY S
T B
RO
AD
WAY
ST
YOU
NG
RD
YOU
NG
RD
PR
EST
RD
PR
EST
RD
PR
EST
RD
PR
EST
RD
PR
EST
RD
PR
EST
RD
YOU
NG
RD
YOU
NG
RD
COTTONWOODMALL
COTTONWOODMALL
S SUMAS RD
KEITH WILSON RD
PR
OM
ON
TORY
RD
PR
OM
ON
TORY
RD
WATSONGLEN PARK
WATSONGLEN PARK
THOMAS RDTHOMAS RD
YALE RD E
YALE
RD
E
YOU
NG
RD
YOU
NG
RD
YALE RD W CHILLIW
ACK RIVER RD
CHILLIW
ACK RIVER RD
VED
DE
R R
D
CHILLIWACKMUNICIPAL
AIRPORT
CHILLIWACKMUNICIPAL
AIRPORT
LUCKAKUCK WAY
CHILLIWACK
B1
B2
44 YPNEXTHOME.CA
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. This is not an offering for sale. Any such offering may only be made by disclosure statement. The developer reserves the right to modify plans, prices, features and specifications without notice as may be necessary and at their sole discretion. E. & O.E.
* Balcony space is included in specified square footages.
LIVINGmAHOGANY.COm 778.255.9990
NOW SELLING
Property Profile | RESIDENCES AT GATEWAY
And for the grand finale, there’s a
Mediterranean-style courtyard garden
between the two buildings.
Community Connection“Being so close to the university,
hospital, and airport means Residences
at Gateway appeal to a broad range
of buyers and we really do have
something for everyone,” Brandon
says. “And when you visit, be sure to
leave time to check out the historic
downtown (a five-minute walk), Mill
Lake (a 10-minute stroll), and the
many offerings at McCallum Junction
Shopping Centre where you find
Canada’s first Cabela’s Hunting and
Fishing Store.”
The Residences at Gateway Home
Store is open noon to 5 p.m. except
Tuesdays at 101 – 2031 McCallum
Road in Abbotsford. For more
information visit boulevardgroup.ca or
call 1.604.855.8116.
GET READY ABBOTSFORD because
life is about to get way more stylish.
Introducing Residences at Gateway — an
exclusive collection of 48 contemporary
homes located in the heart of the city’s
new Midtown District.
Brought to you by long-time
Abbotsford developer Karen Matty
(Boulevard Group), these apartment
residences are all about luxury,
convenience and living life well. “This
will be Abbotsford’s finest residential
building — the one for people who want
the best of everything and aren’t willing
to compromise,” says Brandon Trent,
senior project manager with Fifth Avenue
Real Estate Marketing. Rapidly he lists off
just a few of the standard features that
set these homes apart: air conditioning,
Bertazzoni Professional Series dual-fuel
ranges, plus hotel-inspired ensuites with
heated floors, full-width 36-inch soaker
tubs or frameless glass showers. There’s
even the romance of an optional gas
fireplace for the living room.
Intimate by Design“Designed with redbrick to seamlessly
blend into the surrounding buildings
at Gateway 3, The Residences is a
limited collection of only 48 homes.
This smaller number of homes
enhances the ability of getting to know
your neighbours while still providing
exceptionally private personal spaces,”
Brandon says. “These homes are
spacious too — up to 1,354 square feet
including outdoor patio — so they’re
ideal for anyone who appreciates the
comfort of large, single-level living.”
And here’s another bonus. In addition
to generous amounts of in-suite storage
every home has an enclosed storage
room adjacent to its parking spaces.
Need a final enticement? Easy —
outdoor spaces. Let’s start with the
sundrenched patios and balconies
— some as large as 166 square feet
— that are attached to every home.
Now add in Boulevard Group’s lavish
use of landscaping and water features.
Residences at GatewayHomes to Inspire
LocationAbbotsford
BuilderBoulevard Group
DevelopmentResidences at Gateway
Home TypeCondominiums
Sales Centre101-2031 McCallum Road
Contactboulevardgroup.ca or 1.604.855.8116
46 YPNEXTHOME.CA
NOW IS THE TIME TO MAKE YOUR MOVE.Boulevard is proud to present the Residences at Gateway, a contemporary yet timeless collection of 1, 2 and 3 bedroom condominium homes coming to Abbotsford. Generous sized suites, plenty of storage and parking. Uncompromising Quality. Unparalleled Value. Design that Prevails.
A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N .
© Boulevard Group Residences Limited Partnership 2016. Rendering is an artist’s conception and intended as a general reference only. This is not an offering for sale which can only be made with a disclosure statement. Sales by Fifth Avenue Real Estate Marketing Ltd. Fifthave.ca E.&O.E.
HOME STORE NOW OPEN
Visit the Home Store open 12-5PM (closed Tues & Fri) Suite 101 - 2031 McCallum Rd, Abbotsford (Gateway 3)
boulevardgroup.ca 604.855.8116
Inspiration | DESIGNER ADVICE
48 YPNEXTHOME.CA
THE REALITY IS THAT ONCE you move in
together you have to share a space, and
your space ultimately refl ects your style.
You have to take what you both have
already and determine what to keep, what
will work and what won’t. Weather it be
her childhood teddy bear, or that ugly
thing he calls a “sofa,” the issue that arises
is how to blend her past along with his,
and still have an extremely well-decorated
and tasteful place to go home to.
Do we have to keep that? What is that?
What do we need to buy? These are just
some of the questions that will come up
along the way. You both need to be on
board, and working toward a design goal
that will make both of you happy at the
end of the day. Hopefully you share at
least some of the same taste!
Opposites attract, so pairing your
pieces together can work. Mix heavier and
lighter pieces together, and mix opaque
with transparent. When you start mixing
and matching your styles you will be
surprised at how harmonious it can look.
Just make sure that you listen to each
other – you need to understand each
other’s needs and wants. It’s a good idea
to spend a weekend and analyze what
you both have to determine where you
stand in terms furnishings for your home.
Will you be having children down the
road? Children will determine a lot of
things, such as what you really need to
invest in. Do you really need that 52-
inch plasma television, or should you
spend on something else? Make a wish
list that is prioritized, starting with what
you really need and where your money
needs to go fi rst. Find common ground
and choose on an overall design style
and concept.
If you have a piece of furniture that
you just can’t let go of, changing the
look of it is the best way to hold onto
it. Consider re-upholstery or painting
it to match your new blended décor.
Complement your existing furniture with
newer pieces that link both styles. You
can take his dining room chairs, match it
with her dining room table, and purchase
a new light fi xture that will join the two
styles. By combining your pieces, you
can create some of the most visually
interesting and appealing rooms.
Merging your styles together will
not happen over night. Eventually the
two styles will come together, creating
what will hopefully be a balanced and
harmonious space. Combining the
styles will take thought, and weather it
be including her teddy bear, or that ugly
sofa of his, it just needs to be executed
in the right way, creating an extremely
well-decorated and tasteful place to go
home to.
BRINGING TOGETHER
‘His’ & ‘Her’ StyleBy Yanic Simard
Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.
Do we have to keep that? What is that? What do we need to buy? These are just some of the questions that will come up along the way
PHO
TO B
Y ST
ACEY
BRA
ND
FORD
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 49
Advice | INSIDE MORTGAGES
Depreciation ReportsImportant ways they may a� ect your property value or mortgage approval
By Kris Grasty
MORE ADVICE ONLINEypnexthome.ca/news/advice
THOUGH ONTARIO passed this legislation
over 10 years ago, the deadline for
Depreciation Report compliance for
B.C. was only three years ago. These
reports determine if reserve funds are
established and allocated properly,
reducing the risk to lenders by making
strata homeowners less likely to face
large special assessments. Depreciation
Reports are not meant to force people
to pay higher strata fees, although
they can illuminate the need for higher
contingency funds.
After initial preparation, the reports must
be reviewed every three years. The cost to
prepare the initial reports may be several
thousand dollars, but follow-up reports
may cost less, as much of the input may
just be revisions of existing data.
Now the part that everyone seems
to be going crazy about – increasing
condo fees! Legislation does not
force strata corporations to increase
condo fees or even follow the fi nancial
recommendations. For far too long
though, these fees have started artifi cially
low to get folks in the door and to keep
current owners complacent, only to have
many cry foul when they have to pay
cooperatively towards an “unexpected”
roofi ng project on a 35-year-old
property. Inevitably, some condo fees
should go up after a report is completed.
Do your due diligence; the banks will!
The ongoing proof of a property’s
current state of repair will place
proactive strata corporations who
raise funds appropriately and focus on
maintenance in a favourable light versus
those who focus on a more costly
repair-and-replace approach.
As a current condo or townhome
owner, a Depreciation Report gives you
valuable insight into the fi nancial health
of your strata, as well as the scope
and cost of future repairs. Conversely,
Depreciation Reports grant the home
purchaser more transparency and
help anticipate the costs of upcoming
maintenance.
Depreciation Reports also protect
lenders. As more and more properties
use them, lenders will also rely on them
to determine their risk of lending on a
mismanaged property. Lending rules
for qualifying for a mortgage have
changed over the last few years: now,
lenders may either refuse to lend on a
property if there is no report provided
or if recommendations have not been
implemented; or they may lend less
money, contingent on a potential future
levy or assessment.
Finally, although Depreciation Reports
may add a little cost and e� ort up front,
they protect investors from future
contingency shortfalls and so protect the
value of their investment for the long term.
Kris Grasty is a mortgage broker with Dominion Lending Centre’s Canadian Mortgage Experts and an active member of the MBABC. Kris maintains a strong focus on educating clients on all options. For more information visit his website at www.krisgrasty.ca or reach him at [email protected].
MORE ADVICE ONLINEypnexthome.ca/news/advice
Basic functions of a properly prepared Depreciation Report
1. Document an inventory of the common property, and common assets, as well as other strata property to be maintained.
2. Provide for an on-site inspection of the properties and assets to determine the overall condition or current state of repair.
3. Establish the remaining useful life of the inventoried properties and assets.
4. Estimate a projected maintenance, repair and replacement cost over a 30-year period.
5. Prepare a forecast for how the strata corporation plans to raise the capital to fund the outlined anticipated cost of repairs and maintenance.
50 YPNEXTHOME.CA
Crafted with timeless Prairie style architecture and designed with room to spare. All homes feature a walk-out front or rear yard, gas
appliances and parking for as many as four cars! Homes range in size from 1293 – 2584 sq ft. We also have RV parking
Starting from the high $300’s.
Find out more by registering TenOaks.ca
1-604-746-OAKS (6257)
A LIMITED COLLECTION OF 54 NEW SUBURBAN TOWNHOMES LOCATED IN A PRIVATE PARK-LIKE SETTING IN EAST ABBOTSFORD.
In our continuing effort to improve and maintain the high standard of the Elements development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and areas are approximate and are based on Architectural measurements. As reverse and/or mirrored plans occur throughout the development phases please see latest set of architectural plans for current layout if material to your decision to purchase. Illustrations and renderings are an artist’s conception and are intended as a general reference only. Please see disclosure statement for specific offering details. E. & O.E.
CALL TODAY FOR PRIVATE PREVIEW
NOW
SELLING
NEW CONDOS: 1. BEVERLEY
1458 Vidol Stbeverleybycressey.com604.560.0075
2. HEIGHTS CONDOS2855 156th Street, Surrey778.545.8737
NEW HOMES: 3. DAWSON + SAWYER
OLD SCHOOL15268 28 Ave
4. WESTPOINTE1551 - 130 ST.604-833-9193
5. THE CROSSING288 171 St.604-542-2883
6. HYDE PARKPresentation Centre#30 - 2411 - 160th St15811-28th Ave604-506-1852
7. HYCROFT ROWHOUSE16467 - 24th Ave. 604-541-2495
8. THE SMITH24th Ave & 168th Streetmeetthesmiths.ca
176
TH S
T1
76TH
ST
176
TH S
T1
76TH
ST
56TH AVE56TH AVE
58TH AVE58TH AVE
Kin
g G
eorg
e Hw
yK
ing
Geo
rge H
wy
12
8TH
ST
12
8TH
ST
16TH AVE16TH AVE 16TH AVE16TH AVE
14
8TH
ST
14
8TH
ST
16TH AVE16TH AVE
24TH AVE24TH AVE
CRESCENT RD
CRESCENT RD
20TH AVE20TH AVE
24TH AVE24TH AVE
26TH AVE26TH AVE
24TH AVE24TH AVE
32ND AVE32ND AVE
40TH AVE40TH AVE
14
0TH
ST
14
0TH
ST
15
2N
D S
T1
52
ND
ST
15
2N
D S
T1
52
ND
ST
16
0TH
ST
16
0TH
ST
8TH AVE8TH AVE
10TH AVE10TH AVE
8TH AVE8TH AVE
16
8TH
ST
16
8TH
ST
16
4TH
ST
16
4TH
ST
18
4TH
ST
18
4TH
ST
16
8TH
ST
16
8TH
ST
18
4TH
ST
18
4TH
ST
MARINE DR
MARINE DR
9999a
15
10
SERPENTINEFEN NATURE
RESERVE
SERPENTINEFEN NATURE
RESERVE
CRESCENTPARK
CRESCENTPARK
CRESCENT BEACH /BLACKIE SPIT
CRESCENT BEACH /BLACKIE SPIT
SUNNYSIDEACRES URBANFOREST PARK
SUNNYSIDEACRES URBANFOREST PARK
SOUTH SURREY
ATHLETIC PARK
SOUTH SURREY
ATHLETIC PARK
King George Hwy
King George Hwy
2
1
39
6
12
10 8
7
5
SOUTH SURREY / WHITE ROCK
9. SOUTH RIDGE CLUBMoutain View Dr604-582-1113
10. NOTTING HILL24th Ave & 165th Street778-291-2828
11. SOHOGrandview Heights778-945-2050
12. ZIRKONPresensation Centre2528 156th Street778 885 5790
South Surrey | White Rock
52 YPNEXTHOME.CA
Advice | INVESTOR INSIGHTS
Risks and rewards of buying pre-construction
By Andrew la Fleur
MORE ADVICE ONLINEypnexthome.ca/news/advice
INVESTING IN A PRE-CONSTRUCTION
condo is not without risk. You are
e� ectively buying a contract with the
hope that one day this contract will
become a piece of real estate that is
worth more than the price you paid for it.
A lot can happen in three to fi ve years
while your condo is being built. Here are
two tips to help ensure your investment
is a successful one.
1 | Always buy below market value
Your goal should always be to buy
something that will increase in value,
and the best way to do that is to
buy something that is priced below
the current market value of a similar
resale property. For example, if a
one-bedroom across the street in
a brand new completed building
sells at $300,000, and you can buy
a similar one-bedroom in a pre-
construction condo at $285,000,
then you are well insulated from any
market fl uctuations over the next few
years and you are positioned to have
a property that is worth more when
completed than when you bought it
before construction start.
2 | Always buy cash-fl ow positive
Investing in real estate is not a get
rich quick scheme, but it is how
most of the world’s wealthiest
people have earned their fortunes.
The best real estate investors always
buy for the long term. I always
encourage my clients to take the
long-view approach when buying
pre-construction and to plan on
renting their unit out for at least
one year (preferably more) after
the completion of the building.
Flipping before project completion
(assignment) is a highly risky strategy
and should be considered only as a
back-up plan.
With this in mind, you should only
buy a pre-construction condo that will
provide you with positive or break-even
cash fl ow with the standard 20 to 25
per cent downpayment. If at the current
valuation and given current market
rates for rents, you cannot reasonably
expect to cover all your expenses, then
stay away!
If you do your homework before
buying by following these two tips you
will be in great shape for years to come.
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Canadian condo market. Contact Andrew at 416.371.2333 or [email protected].
54 YPNEXTHOME.CA
GRAND FLATS A CONDO WITH YOUR
OWN WALK UP FRONT DOORFROM $299,900
nottinghilltownhomes.com778.291.2828 | 16520 24A Avenue, Surrey
Notting Hill, located in prestigious South Surrey, is inspired by the timeless elegance and artistry of traditional British architecture. Our newest release is called the “Grand Flats.”
Grand Flats are walk-up, single level residences with a street facing front door and private outdoor courtyard entrance. A condo that lives like a townhome and lower maintenance fees. If you are in the market for an affordable new home in South Surrey, you will want to check these exclusive homes out before it’s too late!
In our continuing effort to improve and maintain the high standard of the Notting Hill development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. As reverse and/or mirrored plans occur throughout the development, please see architectural plans. Renderings are an artist’s conception and are intended as a general reference only. Please refer to disclosure statement for specific offering details. E.&O.E.
NOTTING HILLNovember 25, 2015
UNIT J1 Bedroom, 1 Bath: 665 sf
Grand Flat A 1 Bedroom + Flex, 1 Bathroom 673 square feet Patio
Entry
Great Room
Master Bedroom
W/DFlex
ONLY 4 AVAILABLE!
Prices exclude tax and are subject to availability at time of visit and/or to change without notice. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca
Your home is your castle. You deserve to be treated like a Royale.
Royale Properties is an award-winning builder focused on delivering a customer service approach that gives homeowners peace of mind.
Open 12-5PM daily, closed Fridays.
ONLY 10 4
GRAND FLATS
AVAILABLE
StreetEntry
Advice | MORTGAGE ADVICE
What to consider before buying an investment property
By Alyssa Richard
MORE ADVICE ONLINEypnexthome.ca/news/advice
AN INCOME PROPERTY can be a good
way to make money, especially in
retirement. However, there are some
things you need to think about before
taking the plunge.
Here are the advantages and
disadvantages of buying an investment
property:
Advantages
You can use leverage: If you have
equity in your home, you can use
it to help fi nance the purchase of
another property. In a low-interest rate
environment, mortgage rates are lower
as are the costs of buying a income
property. You’ll build up more equity
when you earn rental income to pay
down the mortgage. In the future, you
could use that additional equity to buy
another property or properties but you
should ensure you can make larger
mortgage payments when rates increase.
You can earn additional income
regularly: As long as you have a tenant,
you’ll earn monthly income on a regular
basis. The more investment properties
you have, the more you could potentially
earn. You don’t often get regular income
from other types of investments.
You get tax deductions: While you’ll
earn rental income, you’ll also be able
to deduct any expenses. Advertising,
insurance, maintenance and repairs,
property taxes, and legal fees are just a
few of the expenses that are deductible.
It’s best to consult with your accountant
to fi nd out what costs you can deduct.
Disadvantages
You may need additional fi nancing: If
you want to buy a multi-unit property
and intend to live in it, you’ll need a
down payment of between fi ve and 10
per cent, depending on the total number
of units in the property. But when you
purchase a property you don’t plan to
live in, you need to put down a down
payment of at least 20 per cent. Also,
some lenders won’t recognize 100 per
cent of the potential rental income
you might expect to earn; some may
consider just 50 per cent, while other
lenders might consider 80 per cent. In
other words, you could be forced to
make a bigger down payment to qualify
for a mortgage.
You might not always have a tenant:
Ideally, you’ll earn enough rental income
to cover your annual costs. However,
you’ll still need to make mortgage
payments without a tenant. You should
be prepared for the worst and have an
emergency fund for the times you don’t
have someone to rent your place.
Your property isn’t a liquid investment:
If you own stocks or bonds, you can buy
and sell them quite quickly. However, it
can take a long time between listing your
property for sale and the closing date.
This might be a problem if you need the
money right away.
You have additional responsibilities:
Being a landlord can be a di� cult job.
You’re responsible for any maintenance
and repairs that need to be done. But
there are also some headaches you have
to deal with, like a tenant that damages
your property or misses a rent payment.
The alternative is to hire a property
manager. He or she can take care of
those problems but at a cost to you.
While an investment property will
provide you with additional income,
it’s good to be aware of the pros and
cons before you ultimately decide to
make a purchase.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.
56 YPNEXTHOME.CA
Advice | QUEEN OF GREEN
IF YOU’RE LIKE ME, you probably try
to minimize your family’s exposure to
toxic chemicals by using paraben-free
shampoo, living in a scent-free home,
cleaning your tub with baking soda and
gardening pesticide-free.
Here’s another way to keep a healthy
home: Test it for radon
Radon is a radioactive gas formed by
the natural decay of uranium in soil and
rock — which all our homes are built on.
Radon can seep into buildings through
foundation cracks, become trapped and
accumulate. Without proper ventilation,
concentrations in indoor air can reach
dangerous levels.
Radon is a known carcinogen —
responsible for 16 per cent of all lung
cancer deaths in Canada and the leading
cause of lung cancer among non-
smokers. You can’t smell it, see it or
taste it.
Radon concentrations are known to
be high in some parts of Canada (CAREX
Canada’s online map illustrates Health
Canada’s survey of radon levels in 14,000
Canadian homes. Click on your province
and city.) But no areas of our country are
“radon-free”.
So, how can you measure radon in
your home?
Step one: Purchase a testing device.
They can cost as little as thirty dollars.
» Check your local hardware store
» Purchase online from many Lung
Associations across Canada or the
Radiation Safety Institute
» Contact a business specializing in
radon testing
Some stores sell only short-term
radon detectors. Be sure to select a test
device that measures concentrations
over a period of at least 90 days.
Step two: Set up your testing device.
Indoor radon levels can vary hour to
hour and day to day, so test for at least
three months to calculate long-term
average concentrations. The best time is
during cooler seasons when your heater
is on and windows are closed.
Step three: If concentrations are high, a
certifi ed mitigation professional can help,
likely for less than the price of a new
furnace.
Health Canada’s indoor radon
guideline is 200 becquerels per
cubic meter (Bq/m3, a measure of
radioactivity) — double the World Health
Organization’s advice. The David Suzuki
Testing for RadonMake sure this carcinogenic gas isn’t building up in your home
Lindsay Coulter
MORE ADVICE ONLINEypnexthome.ca/news/advice
Foundation wants Health Canada to
revise the national radon guideline to
100 Bq/m3 and ensure prevention,
testing and, where necessary, mitigation
in public-access buildings, including
daycares, schools and hospitals.
Step four: Stay informed:
» TakeActiononRadon.ca
» RadonAware.ca
» The David Suzuki Foundation’s 2015
report, “Revisiting Canada’s Radon
Guideline”
I’m testing my home for radon this
spring and I hope you will, too!
As David Suzuki’s Queen of Green, Lindsay Coulter courageously leads and inspires others to live more gently on the Earth. She answers fan and follower questions, o� ers DIY recipes and tips without judgment and guilt, and regularly appears as a “green” expert in the media — she’s even been on Dr. Oz. See more Queen of Green at davidsuzuki.org/blogs/queen-of-green.
Corentium Digital Radon Monitor
58 YPNEXTHOME.CA
Debbie Travis Chelsea four-piece Conversation Set$720 sears.ca
Byholma/Marieberg Armchair, Grey, Laila Natural $119 ikea.ca
Vertical Rattan Deck Box with Shelf$300 canadiantire.ca
Uberhaus Soho Bistro Set – Black – Three Pieces$599 rona.ca
Woven &WICKER
by Elisa Krovblit
Summer sunshine means moving it out-of-doors. This year’s hottest look is wicker. Whether it’s rattan or the modern resin version, this wonderful woven look is as hot as mid-day in July. Don’t be fooled by faded memories of a Miami lanai, today’s wicker is stylish and versatile, and spans from the traditional to the very contemporary!
Resin Wicker Houndstooth Three-Piece Chat Set$600 homesense.ca
Alseda Poof/Ottoman$40 ikea.ca
Inspiration
60 YPNEXTHOME.CA
START SEARCHING NOW!
DOWNLOAD THE APP
Find the perfect new home or condo in the neighbourhood that fits your lifestyle.
It’s only a tap away.
looking for a new home?
10
Fraser Hwy
Fraser Hwy
176
TH S
T1
76TH
ST
Fraser Hwy
Fraser Hwy
80TH AVE80TH AVE 80TH AVE80TH AVE
20
0TH
ST
20
0TH
ST
20
8TH
ST
20
8TH
ST
21
6TH
ST
21
6TH
ST
24
0TH
ST
24
0TH
ST
23
2R
D S
T2
32
RD
ST
GLO
VER
RD
GLO
VER
RD
96TH AVE
96TH AVE
88TH AVE88TH AVE
72ND AVE72ND AVE
64TH AVE64TH AVE
40TH AVE40TH AVE
48TH AVE48TH AVE
GRADE RD
GRADE RD
96TH AVE96TH AVE
14
4TH
ST
14
4TH
ST
15
2N
D S
T1
52
ND
ST
16
0TH
ST
16
0TH
ST
16
8TH
ST
16
8TH
ST
19
2N
D S
T1
92
ND
ST
18
4TH
ST
18
4TH
ST
12
8TH
ST
12
8TH
ST
12
0TH
ST
12
0TH
ST
11
2TH
ST
11
2TH
ST
S Fr
aser
Way
S Fr
aser
Way
120T
H ST
120T
H ST
104TH AVE104TH AVE
116TH AVE116TH AVE
GROSVENOR RD
GROSVENOR RD
112ND AVE112ND AVE
108TH AVE108TH AVE
104TH AVE104TH AVE
88TH AVE88TH AVE
96TH AVE96TH AVE
21
6TH
ST
21
6TH
ST
72ND AVE72ND AVE
64TH AVE64TH AVE
61A61A
10
1a
99a
99
58TH AVE58TH AVE
56TH AVE56TH AVE 56TH AVE56TH AVE
GLOVER R
D
GLOVER R
D
WATERSHEDPARK
WATERSHEDPARK
BEARCREEKPARK
BEARCREEKPARK
GREEN TIMBERSURBAN FOREST
PARK
GREEN TIMBERSURBAN FOREST
PARK
SERPENTINEFEN NATURE
RESERVE
SERPENTINEFEN NATURE
RESERVE
60TH AVE60TH AVE
GOLDEN EARSBRIDGE
GOLDEN EARSBRIDGE
Kin
g G
eorg
e Blvd
Kin
g G
eorg
e Blvd
TYNEHEAD REGIONAL PARKTYNEHEAD REGIONAL PARK
LANGLEYBYPASS
24TH AVE24TH AVE
99a
SUNNYSIDEACRES URBANFOREST PARKSUNNYSIDEACRES URBANFOREST PARK KING G
EORGE HW
Y
KING GEORG
E HWY
A3
A5
A8
A11 A7
A10
A12
A6
A4A1
B1
SURREYNEW CONDOS: A1. THE WAVE
TH 8 - 13303103A Ave604-951-9283
A2. VENUE604 581 8000Venuelife.ca
A3. MUSE9015 120th Streetliveatmuse.com
A4. UNIVERSITY DISTRICT104th & University Dr604-588-5795
A5. CHROMA15628 – 104 Avenue604-581-5399
A6. THE RIDGE AT BOSE FARM16390 64th Ave.604-888-5514
NEW HOMES: A7. MACKENZIE MODERN ESTATES
Display Home6945 185th St. Surrey604-574-7077
A8. DAWSON + SAWYERGUILDFORD THE GREAT15340 Guildford Dr778-293-2222
A9. DAWSON + SAWYERKINGS LANDING8130 - 136A Street
A10. ASHBURY + OAK8138 204th Street604-539-6281
A11. SYNC14555 - 68th Ave778-590-7283
A12. SUMMITPanorama Heights778-591-6685
LANGLEYNEW CONDOS: B1. ELEMENTS
20211 66th Ave.604-533-7718
NEW HOMES: B2. HYDE CANYON
61 Ave. & 244 Street604-636-7082
B3. PRESTWICK AT MILNER HEIGHTS7059 210 St.604-371-0928
B4. WOODLAND PARK 205 – 6360 202nd St.604-532-6060
B2
B3
B4
Surrey | Langley SEARCH ONLINEypnexthome.ca
1ST RELEASE 65% SOLD! 2ND RELEASE NOW SELLING!
Advice | INVESTOR INSIGHTS
What makes your investment condo most “rentable”?
By Andrew la Fleur
MORE ADVICE ONLINEypnexthome.ca/news/advice
YOUR INVESTMENT CONDO is only
useful to you if you can fi nd tenants to
rent it out and put cash back in your
pocket. Shopping for a condo from the
perspective of a landlord is di� erent
than shopping as a homebuyer.
Yes, you have to like it. But more
importantly, renters have to want it.
With an eye toward what will draw
the most quality tenants, here are my
top fi ve most “rentable” qualities to
look for:
1 | Convenient location
Renters today more than anything are
concerned about having a location that
is convenient to work, shopping and
pubic transit. Buy near these three, and
you will have a winner.
2 | A� ordable price
Following location, the thing that
renters look at most closely is the cost
of the rent. The lower the price, the
more potential tenants you will attract.
Keep in mind that most renters aren’t
looking for spare rooms and fancy
fi nishes. Therefore, buy small and buy
cheap.
3 | Extensive amenities
While some renters prefer a smaller,
quieter building with little or no amenities,
generally speaking, most renters would
choose a building with plenty of amenities
over one without. The most important
amenity by far is a good gym.
4 | Flexible fl oor plan
Floor plans that allow for di� erent
uses of the space, for example a den
that could be a second bedroom,
will once again open up your unit to
more potential renters.
5 | Window coverings
This seems like a small thing, but
something that is very important
to tenants. Invest in a good set of
window coverings and your unit
will be more attractive to tenants and
will rent out faster.
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Canadian condo market. Contact Andrew at 416.371.2333 or [email protected].
64 YPNEXTHOME.CA
4 SPECTACLUAR FULLY FURNISHED SHOW HOMES Open Saturday to Wednesday, 1-5 pm – located at 24455 61 Avenue
604 636 7082 hydecanyon.com
THERE’S STILL TIME…10 HOMES LEFTHyde Canyon is an exclusive and carefully planned community encompassing 64 estate homes woven into a magnifi cent natural setting. Premium greenbelt homes sites are available.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 65
SURREY/LANGLEY
10 Minutes With…
IT’S NO SECRET: transit has become a
big word in housing. More specifically,
proximity to transit, especially high-
speed transit like SkyTrain. Proximity
to transit is now acknowledged as a
significant driver in the decision to
purchase process as well as an early
indicator of areas with solid potential for
rising values.
This issue, New Condo Guide chats
with Ben Taylor, director of sales at
Wesgroup, about why he believes
transit-oriented living is the way of the
future and a solid investment.
As a developer, Wesgroup has always
embraced the concept of transit-
oriented communities. Why are you
such enthusiastic supporters?
Over the last five to 10 years there’s been
a huge cultural shift in the way people
view transit. The days when riding the
bus was considered a taboo subject
because it wasn’t cool are long gone.
In many ways, transit is like the new
waterfront — everyone wants to be close
to it and on it.
And that’s true of all generations. Look
around and you’ll see more and more
young people who aren’t buying a car
or even getting their driver’s license,
because the cost of owning a vehicle is
one they aren’t willing to take on. For the
older generation, it’s often just easier to
get around by transit — in fact, the over-
50s are some of the biggest adopters of
this lifestyle. If you make transit reliable,
frequent and cost-effective, people use
it because it makes sense. When I need
to get from Wesgroup’s downtown office
to our Brewery District project in New
Westminster, it takes me 27 minutes by
SkyTrain. I can get to Metrotown in just
over a quarter of an hour or Richmond in
20 minutes. Why would I drive?
For homebuyers, is there a magic
number that defines “proximity”
to transit?
In practical terms, think about carrying
groceries or a couple of bottles of wine
home after a long day at work. For most
people, 800 metres is still relatively
comfortable — but more than half a
kilometre and it doesn’t really feel like
you’re that close.
What about price? Does this
“new waterfront” cost more?
It depends on the area, but yes, most
properties located directly on a transit
node command a slightly higher price
and often appreciate more rapidly than
the surrounding neighbourhoods —
which can be great as an investment.
For example, in Burquitlam, prices rose
once construction of the Evergreen Line
was actually underway. The same thing
happened along the Cambie Corridor.
TransLink also predicts that of the 1.2
million people who will move to Metro
Vancouver in the next 30 years, 60 per
cent of them will live within 800 metres
of a rapid transit station. That tells me
demand for homes around transit is
going to continue increasing which will
keep that upward pressure on prices
consistent over time — so again, that’s
good for people who buy early.
Taken another way, if you look at
sales and rental figures, you’ll see both
those numbers typically drop as soon
Wesgroup’s Brewery District in New Westminster links directly to the Sapperton SkyTrain Station and has thriving retail already in place.
TRANSIT IS THE NEW WATERFRONT
10 Minutes with Ben TaylorQ&A
By Susan M Boyce
as a property is outside that 800-metre
radius from a transit hub — exactly the
same as prices fall sharply as you move
away from the waterfront. I’ve seen one-
bedroom apartments rent for as much as
$200 less than a similar product located
just down the street but adjacent to a
SkyTrain Station. So while you may pay a
bit more for a property located directly
on transit initially, you’re also getting a
lot more long term value.
Many developments are now
integrating a SkyTrain station directly
into the building — much the way the
Sapperton Station flows directly into
the plaza at Brewery District. Is this a
trend you see continuing?
Yes. I believe it just makes sense for
developers to work in collaboration
with TransLink and the municipalities.
Designing with integrated transit in
mind is no different than designing
communities with dedicated outdoor
areas, integrated retail and coffee shops,
or adequate bike parking. It’s design
on a human scale that creates a more
diverse, more vibrant living environment.
And that means better communities for
everyone.
For information on all Wesgroup
communities including Brewery District
and River District in South Vancouver,
visit wesgroup.ca.
Empire at QE Park by Intergulf is one of the many projects taking advantage of exceptional transit along the Cambie Corridor.
Modello is Boffo Development’s newest addition to Metrotown and will incorporate part of the city’s Art Walk.
Romer’s Burger Bar in Wesgroup’s River District is a local favourite in all seasons.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 67
Property Profile | SUMMIT
YOU KNOW IT: when it comes to homes,
there’s cool design and then there’s “oh
wow, that is absolutely amazing” design.
And if you’re looking for the “oh wow”
type, you owe it to yourself to check out
Summit in Surrey’s Panorama Heights
neighbourhood.
Want a few hints? Let’s start with
my favourite. Every home has it’s own
private, rooftop patio with jaw-dropping
views of the northern mountains. But
here’s the super cool part — every one
of these outdoor spaces is structurally
designed to accommodate a hot tub.
Kind of takes the concept of relaxing
after a long day at the office to a whole
new level.
Kitchens are massive, totally prepared
to rise to the cooking adventures of the
most serious foodies — gas cooktop,
pantries, eating bars for hanging out
watching the chef, even a built-in wine
fridge. Seriously now, when did you see
a townhome with a wine fridge as a
standard?
Now add in side-by-side garages, the
convenience of a main floor powder
room, split-level living that allows up
to 11-foot vaulted ceilings in the living
room, plus eye-catching, modern
architecture, it’s no wonder the buzz of
excitement that surrounds Summit just
keeps getting stronger.
Award Winning by Design“In early May, Hayer Builders Group was
awarded a Canadian Home Builders’
Association (CHBA) National Award
of Excellence in the attached home
category for Exchange in Langley,”
says Brandon Trent, senior project
manager with Fifth Avenue Real Estate
Marketing. “At Summit, they’ve taken
all that knowledge plus feedback from
their buyers, then kicked the quality and
design up another notch.”
Summit is now pre-selling by
appointment. These three-bedroom
and flex homes are priced from the high
$500,000s with floor plans ranging from
1,720 to 1,997 square feet. First homes
anticipated for move in this fall, so why
don’t you go ahead and start shopping
for patio furniture.
LocationSurrey
BuilderHayer Builders Group
DevelopmentSummit
Home TypeTownhomes
Sales Centre14058 – 61st Avenue, Surrey
Contacthayerlifestyle.com or 778.591.6685
SummitSerious Wow Factor
68 YPNEXTHOME.CA
Advice | CONDO PRO
Live the vacation lifestyle, all year round
By Barbara Lawlor
MORE ADVICE ONLINEypnexthome.ca/news/advice
IF BUYING AND MAINTAINING a cabin
or vacation property outside of Metro
Vancouver is fi nancially and physically
out of the question, consider purchasing
a condominium instead. Yes, a condo
can serve as a wonderful second home,
whether it is nestled adjacent to a lake or
golf course, or in an urban setting. Use
it as a pièd-a-terre for special times with
family and friends, minus the worry and
hassle of maintaining the property and its
amenities.
And oh, the amenities! In addition to
being the a� ordable choice in real estate,
today’s new condos o� er magnifi cent
extensions of your living space in the
forms of fi tness facilities, theatres, party
rooms, landscaped terraces, indoor and/
or outdoor pools, games rooms. You get
the beautiful picture. And remember that
even if you purchase a compact suite,
you have equal access to these common
areas as the penthouse dwellers. Imagine
being able to host a baby or wedding
shower, birthday or anniversary party,
or any other celebration in a glorious
multi-purpose room right under your
roof. There is no need to plan space for
exercise equipment in your suite, when
professional machines and aerobics/
yoga/Pilates spaces are but an elevator
ride away. Most condos even have a
guest suite if you invite family or friends
to stay over.
Vacation mentality reigns in the
spectacular rooftop terraces many
buildings feature nowadays. These
urban oases can include anything from
pools to outdoor kitchens, lounge
chairs, cabanas, barbecues, dining
areas, trellises, water features and more.
Standing on a condo rooftop looking
out over a lake, golf course, forested
area, people bustling in and out of stores
and restaurants, or brilliant city lights is
magical.
Taking resort-style living to an all-
time high, you might even choose a
condo atop a fi ve-star hotel as your
vacation home base. How luxurious it is
to tap into hotel amenities such as food
delivery, valet, turn-down service, etc.
from your own home!
Where to look for a condo? You will
fi nd condominiums going up close to
highways and public transportation
routes, which means they are likely a lot
easier to get to than fi ghting cottage and
airport tra� c throughout the seasons.
Once you are at your condo, chances
are, you will be able to walk to the very
attractions that attract you, whether they
involve playing a round of golf, sailing
into the sunset, or indulging in dinner
and a show in downtown Vancouver. At
the most, these fabulous venues are a
quick cab or subway ride away. Think of
a condo as your home base for fun.
The condo you select can also be a
great home base for your furry friends,
and let’s face it – many people consider
their pets part of the family and would not
consider holidaying without them. Most
condominiums are situated close to parks
and green spaces where you can take
your dog for walks, and many even o� er
pet grooming rooms and spas among
their amenities. It’s great to clean o� your
pet’s paws before entering your suite.
You can own the luxury of a condo
for a� ordable prices, which is especially
important if this is your second residence.
Check out what a detached home
anywhere in the Metro Vancouver, a cabin
in Whistler, a residence on the beach on
Saltspring Island would cost you.
Best of all, a condo in the Metro
Vancouver a� ords you more opportunity
to enjoy whatever leisure time you have,
rather than eating it up with traveling,
mowing lawns, shoveling snow, cleaning
pools, etc. It’s the perfect vacation
property!
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in Canada and overseas.
70 YPNEXTHOME.CA
Advice | HOME SWEET HOME
Curing that case of buyer’s remorse
By Lydia McNutt
MORE ADVICE ONLINEypnexthome.ca/news/advice
THERE ARE MANY QUESTIONS that will
run through your head in the weeks
leading up to closing on your new home.
Did I choose the right location? Did I pay
too much? Should I have waited out this
hot market?
We’ve all heard of buyer’s remorse.
Maybe it’s that canary yellow convertible
that caught your eye at the dealership
when you were there only to get an oil
change. Maybe it’s that Florida timeshare
that tempted you in the dead of winter.
Maybe it’s, dare I say it, the home you
just purchased.
When it comes to buying a home,
feeling a little anxious and questioning
whether you’ve made the right decision
is normal.
Having just bought a new house, I
remember that feeling well. My husband
and I were swept up in a whirlwind of
excitement, anxiety and stress bordering
on distress. First of all, our new home
was more expensive. Second, it was
further away. Third, it was in a new
community. (Well, not new new, but
new to us.) While we were well aware
of these factors when we bought the
house — and we still consider it worth
the trade-o� — we couldn’t help those
pangs of fear.
So, how can you cure that case of “I
wish I never...” and “What if...”? Here are
three ways to stop buyer’s remorse dead
in its tracks:
» Stop looking. You’ve had your eyes
glued to the real estate listings for
months. Now that you’ve purchased a
home, it’s tough to go cold turkey.
Trust me — if you keep looking, you’ll
fi nd something in a more convenient
location, or at a cheaper price, or better
in some way. Why are you torturing
yourself? If you were happy with your
decision to buy when you made it, then
stop shopping for the bigger, better deal.
» Stop listening. You’ve made your
buying decision based on your needs
and wants. You were confi dent with your
purchase... until Uncle Joe tsk-tsked and
dug up that newspaper article he’s been
saving for you about a drop in house
prices in the coming months.
Does anyone really know for certain
what will happen in the future? By sitting
on the fence and waiting for “perfect
market conditions,” you could miss out
on some really great opportunities. Don’t
be overcome by analysis paralysis. If the
timing is right for you, go for it.
» Stop worrying. You’ve done your
homework, haven’t you? You’ve scoped
out a variety of locations with a close
look at the amenities, home types and
their prices. You’ve set a budget. You’ve
been pre-approved at a great mortgage
interest rate and terms. You’ve saved
a down payment and closing costs
are covered. You’ve got your team of
professionals. What more could you have
done? Buying a new home — especially
for the fi rst time — is certainly stressful,
but ask yourself if your fears are founded
on facts, or just a common case of cold
feet? If you’ve done your research, then
it’s most likely the latter and you’ll get
over it.
Nothing will ruin your home-buying
happiness like having it engulfed in a
wave of irrational fear. In your home
purchase, as in life, regret nothing and
enjoy every moment.
Lydia McNutt is an award-winning writer and editor. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome, where real estate rules.
72 YPNEXTHOME.CA
Hot Properties
LATEST LISTINGS: Find your next home! These pages feature a few of the latest condo, townhome and single-family properties to keep your eye on in the Metro Vancouver area. Find more homes at ypnexthome.ca by Susan M Boyce
previews and registration
SLOCAN LANEHome type: Townhome and Apartment
Developer: Legendary Developments
On the Street: East Vancouver
On the Web: legendaryliving.ca
Info: An intriguing infi ll project comprised of four
three-bedroom townhomes with rooftop decks
plus two, single-level apartments. Located in an
up-and-coming part of East Vancouver, these
homes provide a cost eff ective, yet highly stylish
alternative to single-family living. Register now to
be fi rst in line for this exclusive off ering. Standard
features include gourmet kitchens with stainless
steel appliances and quartz countertops, spa
inspired bathrooms, wood closet organizers and
plenty of big, bright windows.
NAVIO AT THE CREEKHome type: Condominiums
Developer: Concert Properties
On the Street: East 1st and Quebec Street,
Vancouver
On the Web: thecreekbyconcert.com
Info: Coming this summer, Navio follows
the success of Voda in Vancouver’s amazing
Southeast False Creek neighbourhood. Located
adjacent to the Seawall, steps to Science World
and equidistant between Yaletown, Chinatown
and Main Street, this highrise is pedestrian and
cycle friendly and will face onto a 2.7-acre park.
Plenty of parking for bikes and electric vehicles
too. Register now so you’re kept up to date.
NAVIO Getting to the Granville Island Market via the Seawall is easy when you live at Navio by Concert Properties.
74 YPNEXTHOME.CA
PRESCOTT COMMONSHome type: Condominiums
Developer: Polygon
On the Street: 15186 – 33rd Avenue, South Surrey
On the Web: polyhomes.com
Contact: The final collection of apartment
residences coming soon to the master-planned
community of Harvard Gardens. Featuring stylish
East Coast architecture with brick façades, black
wrought iron details and timeless flat rooflines,
these homes are designed with open layouts
and contemporary finishes. Owners also have
exclusive membership to the Rowing Club,
Harvard Gardens’ 9,000-square-foot resort-style
clubhouse. Priority registration now underway.
MIDTOWN MODERNHome type: Condominiums
Developer: Port Living
On the Street: 630 East Broadway
On the Web: livingmidtown.com
Contact: 604.563.3330
Info: Only 50 homes will be for sale in this
boutique midrise that continues the sell out
success of Midtown in Mount Pleasant. Stylish
condominiums ranging from studio to penthouse
units and feature interiors you’ll want to share
with friends, in a neighbourhood where you’ll
easily meet new ones. Register now to receive
more info as it’s released.
CONCORD BRENTWOODHome type: Condominiums
Developer: Concord Pacific
On the Street: Brentwood, Burnaby
On the Web: concordbrentwood.com
Contact: 604.360.0863
Info: Concord Pacific’s newest master-planned
community will feature 10 residential towers
anchored by 13 acres of green and park space.
This visionary community will also include the
future Village Central at Concord Brentwood,
offering residence the convenience of a brand
new grocery store, parkside cafes and restaurants.
A five-minute walk to the Willingdon Avenue and
Lougheed Hwy junction and SkyTrain access.
new releases and grand openings
FALCON HOUSEHome type: Condominiums
Developer: Falcon Homes
On the Street: 12367 – 224th Street, Maple Ridge
Presentation Centre: 12011 – 224th Street
On the Web: falconhouse.ca
Contact: 604.477.1500
Info: One- to three-bedroom homes in a quiet,
park-like setting adjacent to dedicated green
space to the west. Large patios and balconies as
well as luxuriously appointed interior finishing
details. Walking distance to downtown Maple
Ridge plus easy access to Lougheed Highway and
Golden Ears Bridge. Grand opening coming soon.
MONACOHome type: Condominiums
Developer: Dava Developments
On the Street: 10177 River Drive, Richmond
On the Web: parcriviera.com
Contact: 604.231.5900
Info: Newest phase in the Parc Riviera riverfront
master planned community is anticipated to
begin sales early in July. Offering a range of
one- to three-bedroom plus den homes adjacent
to the Fraser River, this six-story building offers
great river views and proximity to the Canada Line
station to downtown Vancouver or the airport.
SEYMOUR SHORES Home type: Single-family
Developer: Bowen Island Properties
Starting price: $950,000
On the Street: Cowan Point, Bowen Island
On the Web: bowenislandproperties.ca
Contact: 604.947.7000
Info: The first phase of Seymour Landing at
Cowan Point is finally coming to market. Eight
bare land strata, waterfront homes from $1.6
million and three water-view homes from
$950,000 (GST included). Hurry though because
this introductory pricing won’t last long and won’t
be repeated. Excellent proximity to Bowen Island’s
public nine-hole golf course and other planned
recreational facilities including bocce lawns,
indoor tennis, spa, and upcoming hotel/inn.
Tell us your news Got a new development you’d like us to feature in On the Horizon? Drop me a note at [email protected], and we’ll do our best to get you in the next edition.
Legendary Developments, the builder who brought you Essence seen here, is poised to introduce new style to the Vancouver townhome market
Falcon House in Maple Ridge will be located adjacent to protected green space.
ESSENCE FALCON HOUSE
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 75
Richmond | Delta | Ladner | Tsawwassen
Fras
er R
iver
WESTMINSTER HWYWESTMINSTER HWY
GRANVILLE AVEGRANVILLE AVE
BLUNDELL RDBLUNDELL RD
FRANCIS RDFRANCIS RD
BRIDGEPORT RDBRIDGEPORT RD
RIVER DRRIVER DR
NO
6 R
DN
O 6
RD
NO
6 R
DN
O 6
RD
NO
5 R
DN
O 5
RD
KN
IGH
T S
TK
NIG
HT
ST
NO
3 R
DN
O 3
RD
NO
4 R
DN
O 4
RD
SH
ELL
RD
SH
ELL
RD
NO
3 R
DN
O 3
RD
41
ST
B S
T4
1S
T B
ST
53
RD
ST
53
RD
ST
AR
THU
R D
RA
RTH
UR
DR
RIVER RD W
RIVER RD W
47TH A AVE47TH A AVE
56
TH S
T5
6TH
ST
28TH AVE28TH AVE
62
ND
B S
T6
2N
D B
ST
RIVER RD
RIVER RD
48TH AVE48TH AVE
RIVER
RD
RIVER
RD
BURNS DR
BURNS DR
VANCOUVERINTERNATIONALAIRPORT (YVR)
VANCOUVERINTERNATIONALAIRPORT (YVR)
99
17
17
99
91
DEAS ISLANDREGIONAL
PARK
DEAS ISLANDREGIONAL
PARK
GARRY POINTPARK
GARRY POINTPARK
RICHMONDNATURE PARK
RICHMONDNATURE PARK
SOUTH ARMPARK
SOUTH ARMPARK
1ST AVE1ST AVE
12TH AVE12TH AVE
EN
GLI
SH
BLU
FF
RD
EN
GLI
SH
BLU
FF
RD
6TH AVE6TH AVE
4TH AVE4TH AVE
FINN RDFINN RD
CAMBIE RDCAMBIE RDCAMBIE RDCAMBIE RD
RICHMONDCENTRE
RICHMONDCENTRE
LANSDOWNEPARK MALL
LANSDOWNEPARK MALL
GRANT MCCONACHIE WAY
RUSS BAKER W
AY
RIVER DRRIVER DR
Richmond Hwy
Westminster Hwy
GA
RD
EN
CIT
Y R
DG
AR
DE
N C
ITY
RD
ALDERBRIDGE WAYALDERBRIDGE WAY
GRANVILLE AVEGRANVILLE AVE
FRANCIS RDFRANCIS RD
NO
1 R
DN
O 1
RD
RA
ILW
AY A
VE
RA
ILW
AY A
VE
NO
2 R
DN
O 2
RD
GIL
BE
RT
RD
GIL
BE
RT
RD
NO
3 R
DN
O 3
RD
NO
4 R
DN
O 4
RD
NO
5 R
DN
O 5
RD
Steveston HwySteveston Hwy
MONCTON STMONCTON ST
WILLIAMS RDWILLIAMS RD
Steveston HwySteveston Hwy
RI CH M O N D
A3
A5
A6
A8
A4A7 A7
A1
RICHMOND
53
A S
TBEACH GROVE ROAD
55
ST
53
A S
T8A AVE 8A AVE
18 AVE
55 ST
52
ST
52
ST
JAC
KS
ON
WAY
B EACH G ROVEGOLF COU RS EB EACH G ROVEGOLF COU RS E
COASTTSAWWASS E N I N N
COASTTSAWWASS E N I N N
G RAU E RPAR K
G RAU E RPAR K
TSAWWASS E NGOLF CLU B
TSAWWASS E NGOLF CLU B
S PLAS H DOWNPAR K
S PLAS H DOWNPAR K
SOUTHDE LTA PAR K
SOUTHDE LTA PAR K
CE M ETE RYCE M ETE RY
BOU N DARY BAYR EG IONAL PAR KBOU N DARY BAYR EG IONAL PAR K
56
ST
56
ST
12 AVE 12 AVE
EN
GLIS
H B
LUFF R
D
17
T S AW WA S S E NB1
A9
A10
NEW CONDOS:
A1. RIVER GREEN 5111 Hollybridge Way 604-233-2633
A3. ELLE 6511 Buswell St ellerichmond.com
A4. THE PIER Display Home 6160 London Rd. Steveston 604-274-7326
A5. ALFA Buswell St & Aneron Rd 604-276-2532
A6. ORCHID No.3 and Lansdowne orchidbybeedie.ca
A6. CALLA AT THE GARDENS No 5 Rd. and Steveston Hwy. 604-271-3331
A7. HARBOUR WALK No. 2 Rd. and London Rd. 604-274-7326
A8. AVANTI 8311 Cambie Road 604-276-9186
NEW HOMES:
A9. DAYTON AVENUE 9055 Dayton Ave 604-518-8396
A10. ALEXANDRA COURT 9399 Alexandra Rd Suite 101 604-278-5809
Delivering successful results with award winning creative for project marketing for over 25 years. Book your no obligation initial consultation designforrealestate.ca
TSAWWASSEN
NEW HOMES:
B1. TSAWWASSEN SHORES 604-943-6677
AAAAAAA
76 YPNEXTHOME.CA
Artistic rendering. The developer reserves the right to make changes and modifications to the information contained herein without prior notice. E.&O.E.
tsawwassenshores.com | 604 943 6677
VISIT US TODAY
FROM ONLY $589,900OCEANSIDE LIVING
1,300 sq.ft. TownhomesConveniently located only minutes away from Hwy 17 and the future Tsawwassen Mills and Tsawwassen Commons shopping centres
Presentation Centre1875 Tsawwassen Drive
(last right before the ferry terminal)Open 12-5 daily, except Friday
NOW SELLING
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 77
RICHMOND/DELTA/LADNER/TSAWWASSEN
Advice | HOT TOPIC
FINISHES, LIGHTING AND appliance
upgrades enhance the aesthetic appeal
of your condo and pride of ownership,
but buyers need to make strategic
selections that also improve functionality
and help the unit stand out in a positive
way on the resale market.
“Be smart, temper your inner designer
and keep your upgrades neutral, or
the extra money you’ve put into the
upgrades will vanish at resale,” says Brad
J. Lamb, president, Brad J. Lamb Realty
in Toronto and Lamb Development
Corp., which has projects completed and
under development in Toronto, Ottawa,
Montreal, Calgary and Edmonton.
“Personal statements, such as bright red,
yellow or green kitchen cabinets, will
take much longer to sell and you’ll take a
big haircut on price.”
Whether you plan to stay in your
condo for fi ve or 25 years, chances
are you’ll eventually sell the place, so
the return on your investment must
be considered. It’s virtually guaranteed
you’ll recoup the premium you’ll pay to
be up on a higher fl oor, because buyers
typically look up before they look at the
interior fi nishes. However, it’s impossible
to predict what, if any, reward will be
reaped on upgrades. The reality is that
most people upgrade because they want
to feel fabulous every time they look
around their condo, and they’re equally
committed to impressing family and
friends. Even functionality tends to be a
secondary consideration. Unfortunately,
the upgrades’ impact on resale value
is rarely top of mind, even though it’s
something every condo buyer should
think about if money matters to them.
“It’s all about the aesthetics and
impressing everyone — functionality
doesn’t come into it at all,” says
Tim Huxley, lead sales consultant at
Streetside Homes, Calgary. “You’re
most likely to get the best return on
kitchen and bathroom upgrades,
Finishes & options that pay o� By Kara Kuryllowicz
78 YPNEXTHOME.CA
where appliances, countertops and
backsplashes offer plenty of visual
impact for your dollar.”
Virtually every buyer has a budget.
When it’s time to sell, if your upgrades
force you to price your condo above
comparable units in your building,
your unit might not pop up in realtors’
searches, let alone be considered for a
viewing. However, provided your pricing
is competitive, your upgrades could give
your unit the edge over those equipped
with just the standard finishes.
“Quality finishes will catch the eye of
the more discerning consumer, but most
buyers get caught up in the furniture,”
Lamb says. “You’ll spend less and reap
greater rewards if you save that money
to paint your walls something other than
white and have the unit professionally
staged for resale.”
The range and cost of finish
upgrades varies widely from developer
to developer, with some, such as
Lamb, installing what would typically
be considered upgrades as standard in
every unit, including a high-end glass
backsplash, gas lines for barbecues on
balconies and gas stoves in kitchens.
Others offer just a handful of relatively
standard upgrades, such as stainless
steel appliances, hardwood floors and
granite countertops. Some developers
take it up a few notches with medicine
cabinets, wall-mounted ovens, front-
loading washer/dryer, bathtubs with
jets, a TV/iPad/surround-sound
package, stone sinks, extra thick granite
counters, faucets with spray nozzles that
accommodate mega-sized soup pots,
and even second parking spaces.
“It’s your dream home and you’ll be
living there, but you don’t want your
equity vanishing,” Lamb says. “Upgrade
just enough to make your new home
look and feel good.”
Ask yourself how the average person
will react to that countertop or soaker tub
as you remember that many buyers will
go for the unit on the higher floor before
the upgrades. How practical/functional
and relevant is it really? How many
homebuyers will actually see it as a must-
have versus a nice-to-have feature?
Although it’s widely accepted that it’s
virtually impossible to keep stainless steel
appliances fingerprint free, homebuyers
don’t care because they look so good.
While many like the feel of carpet in
bedrooms, many buyers today actually
prefer hardwood due to environmental
sensitivities. “Carpet is bad for allergies
and collects dust and bacteria,” says
Karen Reimann, a Toronto-area realtor
with Re/Max Hallmark. While many
will love that sleek, sexy oversized
shower stall, that upgrade makes resale
sense only if there is a tub in another
bathroom. Meanwhile, seemingly dull
upgrades, like additional wall sockets and
extra pot lighting, are affordable and can
be a big selling point.
Condo builders and developers
typically charge two to five times what
homebuyers would pay to buy and install
everything from hardwood floors to
undermount sinks and valance lights to
rain shower heads. While some industry
insiders suggest that’s unfair, others point
out that consumers are willing to pay
for the convenience and accompanying
warranties as well as the single point of
contact in the form of the condo manager.
“Buyers appreciate that we’ve done
the research, narrowed the selection
down to the most appropriate options,
and deal with the various trades to
coordinate and oversee the installations,”
says Stephanie Butler, director of
marketing and sales at Amacon.
“Investors who plan to rent out the units
tend to spend less on upgrades than
buyers who plan to live in their units.”
Because consumers often commit to
their new condos and upgrades 12 to 36
months before taking possession, Lamb
strongly suggests homeowners specify
the products, brands and manufacturers
or the equivalent in the contract.
“Memories fade and perceptions
change over time, so use the contract to
get what you paid for,” Lamb says.
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 79
CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITYAspac’s Max Collection, a finite reserve of Aspac’s most luxurious waterfront condominiums,
featuring maximum square footage, maximum water views and maximum value.
SIZE | WATER VIEW | VALUE
MAXIMUM
In a continuing effort to meet the challenge of product improvement, the developer reserves the right to modify or change plans and specifications without notice. Pictures, drawings, digital renderings and landscape plans are for illustrative purposes only and are subject to change. This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
604.233.2633
Presentation Centre Open Daily 12pm-5pm5111 Hollybridge Way, Richmond V7C 0A3
www.rivergreen.com
BEDROOMS 3BR + Den ~ 4BR + Den
INDOOR LIVING 1,800 SF ~ 3,500 SF
OUTDOOR LIVING Up to 2,600 SF
PARKING Up to 3 car Private Garage
CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITYAspac’s Max Collection, a finite reserve of Aspac’s most luxurious waterfront condominiums,
featuring maximum square footage, maximum water views and maximum value.
SIZE | WATER VIEW | VALUE
MAXIMUM
In a continuing effort to meet the challenge of product improvement, the developer reserves the right to modify or change plans and specifications without notice. Pictures, drawings, digital renderings and landscape plans are for illustrative purposes only and are subject to change. This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
604.233.2633
Presentation Centre Open Daily 12pm-5pm5111 Hollybridge Way, Richmond V7C 0A3
www.rivergreen.com
BEDROOMS 3BR + Den ~ 4BR + Den
INDOOR LIVING 1,800 SF ~ 3,500 SF
OUTDOOR LIVING Up to 2,600 SF
PARKING Up to 3 car Private Garage
Advice | FUNDAMENTALLY SPEAKING
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at [email protected] or follow him on Twitter at Twitter.com/WayneKarl
By Wayne Karl
Buying your fi rst home?Four tips to help guide your decision
WHEN YOU’RE BUYING YOUR FIRST
home, you are sure to be fi lled with
many important questions. How much
can you a� ord? How much will it all
cost? Where do you really want to live,
and can you a� ord the area? And, fi nally,
what type of home do you want? The
answers are very individual: it really
depends on your situation – from the
amount of your down payment to where
you work to whether you have kids to
other personal circumstances.
For your enjoyment while you live in
your home, as well as for future resale
potential, proximity to transportation,
shopping, schools and other amenities is
among the key determinants that a� ect
your property’s appeal, and ultimately
its value. After all, those are the qualities
potential buyers look for when searching
for a home; the more of them your
house has when you go to sell, the more
it will be attractive to a greater number
of people.
While experts suggest you take a
long-term view when buying a home,
it’s also important to not look too far
down the road.
Let’s be honest, your fi rst home may
not be your dream home, and your
needs and desires are sure to change
throughout the various stages of
homeownership.
So, while the answers to the above
questions are specifi c to circumstances,
there are also some common guidelines
you can follow.
1. How much can you a� ord?
Experts agree it is never a good idea to
make yourself house-poor, and it is a
very common mistake, particularly of
fi rst-time buyers, to buy more home
than you can really a� ord. Meeting
with a mortgage broker or your banker
will help determine your full fi nancial
picture, assessing everything from your
credit rating to how much you have
saved for a down payment. Experts
also suggest you “stress-test” your plan
to see how well you could cope with
higher mortgage payments brought on
by rising interest rates.
2. How much will it really cost?
Another common homebuyer mistake
is not being prepared for all the closing
costs involved: lawyer fees, land transfer
taxes, utilities, insurance, and home
inspection and appraisal fees and
insurance. All of these costs add up, and
ultimately should factor into your overall
home-shopping budget.
3. Where do you want to live?
This question is becoming more
important for a number of reasons,
though infl uenced primarily by where
you work, how much of a commute you
want and whether your transportation
options include mass transit or only
driving. Indeed, proximity to mass transit
is something more and more people are
looking for in their new home location. It
may not be as simple as choosing to live
in the city, suburbs or a small town.
4. What type of home do you want?
Once you have determined your options
for cost and location, you can then assess
what types of homes are available in your
price range and desired neighbourhood:
Single-family detached, semi-detached,
townhome, duplex or condo?
Some many questions, so many
choices. The good news is, home
builders today are in sync with customer
preferences for location and amenities,
and with market realities with regard to
pricing and needs for energy e� ciency,
so your options for new-home product
have never been better.
82 YPNEXTHOME.CA
1aLIGHTHOUSE
PARKLIGHTHOUSE
PARK
CYPRESSFALLS PARKCYPRESS
FALLS PARK
NELSONCANYON
PARK
NELSONCANYON
PARK
CYPRESSCYPRESS
CAPILANORIVER
REGIONALPARK
CAPILANORIVER
REGIONALPARK
LYNN HEADWATERSREGIONAL PARK
LYNN HEADWATERSREGIONAL PARK
LYNNCANYON
PARK
LYNNCANYON
PARK
KEITH RD EKEITH RD E
Mo
un
tain
Hw
yM
ou
nta
in H
wy
25TH
ST
25TH
ST
CHIPPENDALE RDCHIPPENDALE RD S
OU
THB
OR
OU
GH
DR
SO
UTH
BO
RO
UG
H D
R
DEMPSAY RDDEMPSAY RD
15
TH S
T1
5TH
ST
MAIN STMAIN ST
MARINE DRMARINE DR
CYPRESS BOWL RD
CY
PR
ES
S B
OW
L R
D
STEV
EN
S D
R
STEV
EN
S D
R
KEITH RD W
MARINE DR
MARINE DR
LON
SD
ALE
AV
E
MT SEYMOUR PKY
Dollarton Hwy
LYNN VALLEY R
D
LYNN VALLEY R
D
STANLEY PARKSTANLEY PARK
21
ST
ST
21
ST
ST MATHERS AVEMATHERS AVE
LON
SDAL
E AV
E
LON
SDAL
E AV
E
LOW LEVEL RD E
LOW LEVEL RD E
NORTH SHORE
NEW CONDOS: 1. CONNAUGHT
Edgemont Blvd & Ridgewood Dr604-699-0036
2. THE SHOREPresentation Centre238 Fell Ave604-980-0016
3. FIRST STREET WESTLonsdale Ave & West 1st St604-684-8686
4. THE RESIDENCES AT LYNN VALLEYPRESENTATION CENTRE#100-1199 Lynn Valley Road604-924-0166
NEW HOME: 5. SEYMOUR VILLAGE
590 Raven Woods Dr.604-924-0818
6. CONNAUGHTEdgemont Blvd. & Ridgewood Dr.604-699-0036
N O R T H S H O RE
S Q UA M I S H
SEABUS
2
1
3
4
5
North Shore | Squamish | Whistler
S Q U A M I S HA I R P O R T
S Q U A M I S HA I R P O R T
B R E N N A NP A R K
B R E N N A NP A R K
A L I C E L A K E P R O V I N C I A L P A R KA L I C E L A K E P R O V I N C I A L P A R K
99MAGEE STMAGEE ST
LOG
GE
RS
LN
LOG
GE
RS
LN
GOVERNMENT RD
GOVERNMENT RD
VALL
EY D
R
VALL
EY D
R
KINTY
RE DR
KINTY
RE DR
PE
RTH
DR
PE
RTH
DR
CHEAKAMUS WAYCHEAKAMUS WAY
TAN
TALU
S R
D
TAN
TALU
S R
D
GO
VERN
MEN
T RD
GO
VERN
MEN
T RD
QU
EE
NS
WAY
Q
UE
EN
S W
AY
DEPOT RDDEPOT RD
SQUAMISH VALLEY RD
SQUAMISH VALLEY RD
ROSS R
D
ROSS R
D
Sea
To
Sky
Hw
y
CENTENNIAL WAY
RAVEN DR
FINCH DR
ROBIN DR
Sea To S
ky Hwy
EAGLE RUN DR
EAGLE RUN DR
BOULEVARDBOULEVARD
GARIBALDI WAY
HIG
HLA
NDS
WAY
S
HIG
HLA
NDS
WAY
S
MAMQUAM RD
BU
CK
LEY
AV
E
WESTWAY AVE
GUILFORD DRHEMLOCK AVE
CHESTNUT AV
CHERRY DR
PLATEAU DR
CLARKE DR
2ND
AVE
2ND
AVE
3RD
AVE
3RD
AVE
SEARCH ONLINEypnexthome.ca
84 YPNEXTHOME.CA
Smart Spaces
WE ARE ALL A LITTLE LIKE GOLDFISH.
We grow proportionally to the space
available to us. The more room we have,
the more things we seem to accumulate.
While easier to manage when living in
a detached home, those of us residing
in smaller condos and apartments need
to be a bit more creative when it comes
to storage management. 550 square
feet of living space is the norm in new
build, one-bedroom residences, and
signifi cantly less than that when we start
talking about studios. With that in mind,
it’s no surprise that a major chunk of the
urban population nowadays is begging
for functional storage alternatives for
their homes. Fortunately, there are
numerous designers and retailers out
there who have begun tackling the issue
of space limitations, off ering innovative,
design-savvy solutions to “fi shbowl”
living.
Linens, pillows, and blankets are
without a doubt one of the biggest
storage hassles for individuals living in
apartments with limited closet space.
Most of us have our summer bedding,
and our winter bedding, the latter being
much bigger space hogs. So what are
our solutions? Vacuum seal everything
any time we have a warm or cold spell?
Monopolize what little closet space is
already available? Neither! Designers
and DIY’ers have begun coming up
with some solutions to bedroom cache
woes. Headboard storage is one of those
ideas that each of us wishes we had
come up with ourselves! The idea itself
is simple, elegant, and very logical. A
little bit of height and an extra 10” to 14”
of bed length, and we now have room
for decorative pillows, extra sheets and
blankets and most importantly, no extra
weight on precious closet space.
Lounge and den space is another
biggie for any of us living in a smaller
condo. These tend to be rooms which
support the least built-in storage,
leaving it up to the buyer or renter to
select furnishings to make up for such
defi ciencies. Coff ee tables seem to be a
logical solution, but for the longest time
it has been a question of how this could
be done in a stylish and effi cient way.
ExpandFurniture.com has addressed this
problem with its Occam lift top coff ee
table. Those who know it love its hidden
storage potential, while couch diners and
craft hounds alike take full advantage of
its adjustable-height surfaces.
MAKE SOME SPACEHidden storage solutions to open up your home
By Michael Cochrane
Occam open Source 3
Occam closed Source 3
Headboard storage Source 1 Headboard storage Source 2
MAY 27 - JUN 10, 2016 | NEW HOME & CONDO GUIDE 85
Another addition to functional lounge
and den space is in the area of shelving
innovations. Germany’s Yi-Cong Lu has
put his own spin on expanding storage with
an astute “Growing Cabinets” concept.
A deceptively simple design, this unit
actually grows wider to suit the needs
of its owner. With track mounting on
each level, the shelving slides outwards
on a horizontal plain resulting in a piece
of furniture that nearly doubles in size
of storage capacity as needed, while
at the same time trimming down to
a minimalistic four level shelving unit
when cinching up on space becomes
necessary.
When it comes to hungry space
consumers, offices and work stations top
the list. It’s one thing to find room for a
cabinet that stores files and paperwork,
it’s another matter altogether when
trying allocate the space necessary for
a permanent desk or dedicated office.
The crew at ExpandFurniture.com
wanted to address this by teaming up
with an award winning South American
industrial designer who specializes
in the production of fully contained,
easily movable work stations and office
storage. `The Ludovico” with integrated
table, chairs, and cabinetry ponies up as
much work space, storage, and seating
as would be necessary in any casual
home office. Pair that with their “Nalia”
Optimized Office series and you would
be hard pressed to find a need for any
more storage or table space.
So what about those who still don’t
have the room for a collapsible or
integrated work station? Fret not! There
is hope for even the smallest nook so
long as you can spare a conservative
amount of wall space. RYOBI’s DIY
Murphy Desk” found at Shany2Chic.
com) is a miniature office alternative
Growing cabinet expanded Source 4 Nalia: Optimized office series Source 6
Growing cabinet Source 4
Ludovico cabinet Source 5 Ludovico cabinet opened Source 5
Another addition to functional lounge and den space is in the area of shelving innovations.
86 YPNEXTHOME.CA
Michael Cochrane is a teacher, freelance writer, and promotions consultant coming from a long background in the furniture industry. He works alongside the close knit team at Expand Furniture, a burgeoning
Vancouver based company which specialises at delivering innovative solutions to smaller living spaces. He can be reached by email at: [email protected]
without the need for anything more
than a couple of light wall mounts.
Championing the ultimate hidden offi ce,
or even a convenient hide away kitchen
buddy for storing spices, utensils, or dry
goods, chances are, even those with
space to spare could fi nd a use for this
clever design.
Even when it comes to the needs of
athletes, there are designers out there
trying to make storage just a little bit
easier. Vancouver’s own Hurdler Studios
is determined to address the challenges
of stashing your bicycle with a simple but
inventive utility that will once and for all
manage the question of where to hang
your spokes! The Clug is a “C shaped”
mechanism that easily attaches to the
wall and acts as an anchor for any size
bicycle tire, mounting the unit vertically
or horizontally. Hurdler’s Clug is easy to
install and provides a quick solution for
those of us in condos that don’t off er
external storage for our precious two
wheelers.
Functional storage makes our day to
day lives easier, less cluttered, and when
done properly it can open up space we
never knew we had. Professionals and
amateurs alike are currently working to
design even better solutions to manage
the contracting spaces we call home.
While the examples above represent
just a taste of what manufacturers and
retailers are cooking up, there is no
doubt that what’s to come in the next
few years will be no less exciting. No
matter the size of our living spaces, we
all want to be able to personalise our
own fi shbowls and with strategic storage
choices we might just fi nd the ability to
stretch out little bit more.
Clug Source 8
Murphy desk, closed Source 7
Murphy desk, opened Source 7
Sources
1. www.tinyhousepins.com/headboard-storage-idea-for-small-spaces
2. www.refurbished-ideas.com/small-space-storage-ideas
3. www.expandfurniture.com/product/occam-co� ee-table-lift-top
4. www.yiconglu.com/index.php?/project/growing-cabinet
5. www.expandfurniture.com
6. www.expandfurniture.com
7. http://www.shanty-2-chic.com/2014/08/diy-murphy-desk.html
8. www.ryobitools.com/nation/projects/2905 http://www.shanty-2-chic.com/2014/08/diy-murphy-desk.html
9. http://www.getclug.comwww.hurdlerstudios.com
ABBOTSFORD Abacus Uptown LR 604-309-7155 CallCedar Landing TH 604-850-5040 From 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 Mahogany at Mill Lake HR 778-255-9990 Call Ten Oaks LR 604-746-OAKS (6257) CallResidences at Gateway LR 604-855-8116 Call
BURNABY Aldynne on the Park HR 604-451-9517 Call Brentwood HR 604-563-8386 From $299,900 Bucci by Villo TH bucci.com/villo Coming SoonChurchill TH 604-363-2627 Coming SoonFulton House HR 604-871-4124 CallGold House HR goldhouseliving.com Coming SoonIvory Mews TH 604-528-6935 From $289,900Kings Crossing HR cressey.com/kingscrossingbycressey Coming SoonMidori HR 604-439-8852 $577,900Milano HR 604-294-8989 From $298,900Modena LR 604-294-9919 Coming Soon Novella MR 604-536-5777 CallOakTerra LR 604-431-6033 Call Paddington Mews TH 604-438-9922 From $334,900Pixel LR pixelburnaby.com From $399,900Station Square HR 604-438-1113 CallThe Park Metrotown HR 604-936-1888 CallThe Peak HR 604-559-5795 CallTrio LR 604-218-3338 From $249,900Veritas LR 604-871-4194 Call
CHILLIWACK / 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 Heron’s Landing 604-858-7179 From $269,900Park Ridge at Sardis Village LR 604-703-9292 CallRadius LR 604-991-5151 From $149,900Seasons at Cedar Sky TH 604-991-8250 From $449,900
COQUITLAM 1123 Westwood HR 604-472-1123 CallAmberleigh SF 604-514-4359 Coming SoonBurquitlam Capital HR 604-681-8220 From $200,000Brookmere HR 604-259-5991 Now PreviewingCharland LR 604-492-3388 CallCristallo Homes TH 604-939-6816 CallCrown HR 604-939-8868 From $280,000Foster Ave Rowhomes TH intracorp.ca Coming Soon Kingston SF 604-514-4359 Coming SoonThe Lloyd HR 604-942-8416 $469,900Lougheed HR 604-939-2677 $279,900Mont Bleu HR montbleu.ca Coming soonNelson on Foster TH 604-998-8998 Call
Novella MR 604-563-5777 Call Sterling SF 604-464-2260 From $689,900
DELTA NORTH DELTA Charterhouse TH 604-946-1848 CallMuse LR liveatmuse.com From $199,900South Pointe SF 604-584-2908 From $699,900 TSAWWASSEN Brio LR 604-943-8811 Call Harbour Walk LR 604-274-7326 Coming SoonTsawwassen Heights SF 604-271-7288 Call Tsawwassen Shores SF 604-943-6677 From $499,900 Tsawwassen Springs SF/LR 604-948-HOME Call
LANGLEY Ashbury + Oak TH 604-539-6281Elements LR 604-533-7718 From $199,900 Hyde Canyon SF 604-636-7082 CallMission Green 604-871-4288 From $314,900Murrayville House LR 778-808-6563 CallPrestwick at Milner Heights TH 604-371-0928 CallVarsity LR 604-539-2200 From $139,900 Woodland Park TH 604-532-6060 CallYorkson Creek LR yorksoncreek.com From $179,900Yorkson South SF 778-785-1673 From $440,000
MAPLE RIDGE Albion Station TH 604-351-3261 From $254,900Falcon House TH 604-477-1500 CallGrant Hill Estates SF 604-230-3935 Call Magnolia Grove TH 604-534-1234 Call Maple Heights TH 604-380-1215 CallMontgomery Acres SF 604-477-2959 From $534,980Nelson Peak SF 604-466-9278 CallPointe, The SF 604-999-2452 From $489,900River’s Edge FR 604-453-4965 From $157,900 Robertson Heights SF 604-380-4708 From $459,900 Station One LR 778-878-1347 From $164,900 Summit at Grant Hill SF 604-405-4437 From $769,900 inc gstThe Terraces TH 604-351-3261 From $369,900Wellington Station LR 604-380-0300 From $189,000
MISSION / HARRISON Horizons TH 1-888-826-1177 From $319,800
NEW WESTMINSTER Duo at Port Royal LR 604-520-9890 From $218,900Glass House Lofts LR 604-520-9890 CallGrove, The LR 604-523-0733 CallLookout at Victoria Hill, The LR 604-523-0733 Call Lotus LR 604-782-1706 Coming SoonParkside at Victoria Hill HR 604-523-0733 CallPortage MR 778-398-1344 CallRiverSky HR 604-522-2583 CallThe Peninsula MR 604-544-2258 CallThe Royal at Victoria Hill LR 604-523-0733 Coming Soon
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTSP R O J E C T T Y P E C O N T A C T P R I C E P R O J E C T T Y P E C O N T A C T P R I C E
N E W H O M E S A L E S A N D M A R K E T I N G E X P E R T I S EFIFTHAVE.CA
B R I N G I N G P E O P L E H O M ECONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER
Thompson Landing SF 604-520-3226 From $476,900 Westbourne LR westbourneliving.com Coming soon
NORTH VANCOUVER Anchor, The LR 604-988-8800 From $379,900 Atrium at the Pier MR/TH 604-983-9065 From $379,900CentreView HR 604-998-8540 Call Connaught Edgemont Village LR/TH 604-699-0036 CallFirst Street West LR 604-770-0791 CallJuniper at Timber Court LR 604-988-3617 CallLatitudes TH 604-435-9477 From $469,900 Maplewood North LR 604-727-1594 From $378,900Maplewood Place TH 604-563-7001 From low $300sNorthlands LR/TH 604-800-2120 CallParkgate TH texorhomes.com Coming soonPinnacle Residences at the Pier MR 604-983-9065 CallThe Residences at Lynn Valley MR lynnvalleyresidences.com CallTatlow LR [email protected] Coming Soon Trophy at the Pier MR 604-983-9065 Call Seymour Village TH 604-924-0818 From $699,900Shore, The LR 604-980-0016 From low $200’sx61 LR/TH 604 971 3181 Call
PITT MEADOWS Cedar Downs LR 778-846-3200 From $194,900
PORT COQUITLAM Carmandy LR 604-435-9477 From $209,900 Fremont Indigo TH 604-552-0319 CallFremont Emerald LR 604-468-0084 CallLloyd at Windsor Gate LR 604-942-8416 CallOrchid LR 604-866-4206 From $159,900Salisbury Lane TH 604-475-1172 CallShaughnessy, The HR 604-468-8252 CallSouth Verde LR 604-468-8252 CallUptown Pointe LR 604-488-0010 Call
PORT MOODY Clark TH 778-558-6377 CallStation, The TH 604-492-3338 Call
RICHMOND Alexandra Court LR 604-278-5809 From $389,900 Alfa HR 604-276-2532 CallAvanti LR/HR 604-276-9186 From $504,900Calla at the Gardens MR 604-271-3331 Coming SoonConcord Gardens HR 604-233-7748 From $300,000’sDayton Avenue SF 604-518-8396 CallElle HR 604-273-1313 From low $300’sEmpire Living TH 604-244-9622 Call Grand, The HR 604 278 3880 CallKenstone Gate TH 604-218-3338 From $529,900Kingsley Estates TH 604-821-1384 CallKingston Gate TH 604-760-6024 CallLivia TH 604-364-2159 CallMandarin Walk LR/TH 604-278-0808 CallMonet HR 604-233-7748 From $300,000’s
Opal at Richmond Centre HR 604-303-7575 From $464,900 Ora HR 604-278-8838 Call Orchid by Beedie HR [email protected] Coming SoonParc Riviera MR 604-231-5900 From Low $200’sPark Residences at Minoru HR 604-303-8878 CallPier, The LR 604-274-7326 CallPinnacle Living at Capstan HR/MR/TH 604-303-0148 CallPinnacle Living Sorrento MR/HR 604-303-0148 CallQuintet HR 604-303-8878 CallRiga TH 604-715-1250 CallRiva MR 604-278-8825 CallRiver Green MR 604-233-2633 CallRiver Inlet MR/TH 604-233-2633 CallVogue TH 604-715-1250 CallWestminster Terrace TH 604-204-1077 Call
SQUAMISH / WHISTLER Abbey Lane Residences TH 604-679-7289 CallBreeze TH 604-679-7289 Coming SoonElaho TH 604-898-2232 Coming Soon Ocean Crest SF 604-896-2235 From $1,298,000 ParkHouse LR 604-567-5433 From $167,900Ravens Plateau SF 1-888-852-7575 Call Ravenswood SF 604-670-7862 Coming SoonAqua TH/LR 1-877-344-5566 From $239,000 University Heights LR 1-888-852-7575 Call
SUNSHINE COAST SECHELTEdgewater at Porpoise Bay TH 604- 885-8556 From $309,900SilverStone Heights SF 604-741-1877 From $479,900
SURREY3 Civic Plaza HR 604-951-3331 CallAsher TH 778-571-9451 From mid $400,000Aura TH 778-564-1876 From $475,000 Inc. GSTBrookside TH 604-372-2071 From $279,900Chroma LR 604-581-5399 From $169,900Connect LR 778-395-1886 From $118,800 Esplanade at Waterstone LR 604-530-5399 From $219,900Evolve HR 604-497-0102 CallFusion TH 778-578-9779 From $344,900Guildford The Great TH 778-293-2222 CallGuildhouse TH 604-574-1143 CallHeights TH 604-618-6175 From $339,900 Highcrest TH 604-584-7273 From $345,900Horizons SF 778-565-7768 Call for InfoHyde Park TH 604-506-1852 CallJoi Living TH 604-574-8888 From $339,000Kendra TH 604-590-9122 From $329,900Park Avenue West HR 604-583-9866 From $250’sPark Central LR 604-817-5852 From $289,900Park Place Village TH 604-617-7763 From $359,000Prime on Plaza HR 604-498-3888 CallRidge at Bose Farms LR 604-888-5514 From $174,900Silverwood TH silverwoodliving.com From Low $300’sSync TH 778-590-7283 From Under $300’s
BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
P R O J E C T T Y P E C O N T A C T P R I C E P R O J E C T T Y P E C O N T A C T P R I C E
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at
604.519.6080, fax 604.519.6088, or email [email protected]
234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 2015-01-16 11:37 AM
Summit TH 778-591-6685 Coming SoonUniversity District HR 604-588-5795 From $233,900 Wave HR 604-951-9283 From $291,900Westpointe TH 604-833-9193 Call
CLOVERDALE Mackenzie Modern Estates TH 604-574-7077 From $349,900
VANCOUVER & AREADOWNTOWN 188 Keefer LR 604-620-2018 CallAddition HR 604-338-5233 CallBurrard Place HR burrardplace.ca Coming SoonThe Charleson HR 604-689-8535 CallEventide LR 604-783-1044 CallFairmont Pacific Rim Estates HR 604-781-4303 CallFairmont Pacific Rim Estates HR 604-620-6692 From $349,900 Mark, The HR 604-687-4353 Call Private Residences at Hotel Georgia, The HR 604-682-8107 CallTate Downtown HR 604-568-8283 Starting at $399,900Trump International Hotel and Tower® Vancouver HR 604-568-7888 CallVancouver House HR 604-893-8958 Call
EAST SIDE Avalon Mews TH 604-438-5050 CallCordovan LR cordovan.ca Coming SoonFocal LR 604-563-6777 Coming SoonFrancis TH 604-330-8848 CallGem, The LR liveatthegem.com Coming SoonGrandview Cascades TH grandviewcascades.com Coming SoonKensington Gardens LR 604-620-7886 CallMain Street LR 604-877-1116 From $339,900Paragon LR 604-688-5566 Coming SoonRenfrew & 2nd LR 604-830-3938 From $259,900R+R LR 604-434-2205 $534,900Skyway HR 604-436-1100 CallStrathcona Gardens TH 604-328-9940 CallTriumph TH 604-563-6200 CallView338 LR 604-303-8838 From $219,900Vya MR 604-559-1070 CallWoodshire TH 604-719-1700 From $420,900
WEST SIDE 7430-7488 Granville TH 604-891-1288 Call 1555 West Eighth LR/MR 604-828-3998 Call41West MR 604-563-8336 Call 6th & Yukon LR cressey.ca Coming Soon8X On The Park HR 604-801-6861 Call99 West MR 604-620-8600 From $528,800W10th & Maple MR/TH 604-239-2080 From $429,900 Aperture LR/TH 604-345-9000 CallArbutus Ridge MR 604-738-0001 CallAston TH 604-418-6809 Coming SoonBlock 100 HR 604-682-8801 CallBoulevard MR 604-685-5778 From $367,400Cambie Star MR 604-876-9222 CallCambria Park TH 604-325-2216 CallCanvas MR 604-875-8508 Call Central HR 604-662-3373 Call Citti MR 604-880-6880 CallEpic at West HR 604-707-9378 Call
Eton HR 604-221-8598 CallGranville at 70th HR 604-687-2298 CallGrayson MR 604-558-1907 Coming SoonHenry TH/MR 604-715-6060 Coming SoonJervis HR 604-998-8989 From $1 millionKerrisdale Gardens MR 604-559-9848 From $540,900Livingstone House LR 604-998-8988 From $639,900Maisonette TH www.marcon.ca/maisonette Coming SoonMC2 HR 604-638-9998 CallMcKinnon TH mckinnonbycressey.com Coming SoonMonarch MR 604-568-6883 From $444,900Northwest HR 604-325-5151 CallOak + Park TH 604-558-5851 CallOne, The HR 604-874-8368 CallParc 26 MR/TH 604 336 6380 CallParc Elise MR/TH 604-336-6380 Call35 Park West LR 604-563-8336 Call Pinnacle Living at False Creek MR 604-874-8368 Call Pinnacle Living Broadway MR 604-739-2080 Call Prodigy MR 604-221-8878 From high $300s Q16 TH 604-263-8090 CallQuartet at River District MR 604-879-8830 From $379,900Shannon Wall Centre Kerrisdale LR 604-267-8882 CallShaughnessy Residences TH 604-558-5848 CallSterling LR 604-428-8858 CallSota HR 604-671-1025 From 2.5 millionThe Grayson TH 604.558.1907 CallThe Spot MR 604-568-6886 From $269,900The Leveson LR 604-880-8312 CallThe Ivy LR 604-566-5888 CallThe Creek/Voda HR 604-733-2010 CallThe Regent TH 604-273-1313 CallTisdale TH 778-846-5990 CallVya LR 604-559-1070 From $239,999W10th & Maple MR/TH 604-739-2080 Call
WEST VANCOUVER 23rd and Bellevue HR cressey.com Coming SoonEvelyn MR 604-922-0330 CallGalleries on the Bay LR 604-836-7355 From $490,000Kerrisdale by Cressey LR cressey.com Coming Soon
WHITE ROCK / SOUTH SURREY Beverley MR cressey.com CallBlu TH 604-691-5160 From $679,000 Inc. GST The Estates at Morgan Heights SF 604-560-1053 Call Grandview Heights TH discovergrandviewheights.comHycroft 2 TH 605-541-2495 From $560,900Hyde Park TH 604-506-1852 From low $400’sMorgan Rise SF 604-560-6438 CallMorgan TH 604-538-8695 Coming SoonNotting Hill TH 778-291-2828 Fr. $269,900 Sakura TH 604-538-5588 Call for InfoThe Smith TH meetthesmiths.ca Call SoHo TH zenterra.ca/soho Coming SoonSouth Ridge Club TH 604-582-1113 From $420’sSouth Point Walk LR/TH 604-560-3238 From $230’s Westpointe SF 604-833-9193 CallWestside at Orchard Grove SF 604-372-0383 Coming SoonZirkon TH 778-885-5790 Call
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
P R O J E C T T Y P E C O N T A C T P R I C E P R O J E C T T Y P E C O N T A C T P R I C E
www.macmarketingsolutions.com We sell the homes you want to buy.
/MacMarketingSolutions @MAC_Marketing /MACMSTube
OUTSIDE FRONT COVER
Uncompromising Quality. Unparalleled Value. Design that Prevails.
HOME STORE NOW OPEN
ABBOTSFORD’S FINEST HOMES
Visit the Home Store open 12-5PM (closed Tuesdays) Suite 101 - 2031 McCallum Rd, Abbotsford (Gateway 3)
boulevardgroup.ca 604.855.8116A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N .
OUTSIDE BACK COVER
A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N .
NOW IS THE TIME TO MAKE YOUR MOVE.Boulevard is proud to present the Residences at Gateway, a contemporary yet timeless collection of 1, 2 and 3 bedroom condominium homes coming to Abbotsford. Generous sized suites, plenty of storage and parking. Uncompromising Quality. Unparalleled Value. Design that Prevails.
HOME STORE NOW OPEN
© Boulevard Group Residences Limited Partnership 2016. Rendering is an artist’s conception and intended as a general reference only. This is not an offering for sale which can only be made with a disclosure statement. Sales by Fifth Avenue Real Estate Marketing Ltd. Fifthave.ca E. & O.E.
Visit the Home Store open 12-5PM (closed Tuesdays) Suite 101 - 2031 McCallum Rd, Abbotsford (Gateway 3)
boulevardgroup.ca 604.855.8116
OUTSIDE FRONT COVER
Uncompromising Quality. Unparalleled Value. Design that Prevails.
HOME STORE NOW OPEN
ABBOTSFORD’S FINEST HOMES
Visit the Home Store open 12-5PM (closed Tuesdays) Suite 101 - 2031 McCallum Rd, Abbotsford (Gateway 3)
boulevardgroup.ca 604.855.8116A K A R E N M AT T Y S I G N AT U R E C O L L E C T I O N .
GET READY ABBOTSFORD because life is
about to get way more stylish. Introducing
Residences at Gateway — an exclusive
collection of 48 contemporary homes
located in the heart of the city’s new
Midtown District.
Brought to you by long-time Abbotsford
developer Karen Matty (Boulevard Group),
these apartment residences are all about
luxury, convenience and living life well.
“This will be Abbotsford’s finest residential
building — the one for people who want
the best of everything and aren’t willing to
compromise,” says Brandon Trent, senior
project manager with Fifth Avenue Real
Estate Marketing. Rapidly he lists off just a
few of the standard features that set these
homes apart: air conditioning, Bertazzoni
Professional Series dual-fuel ranges, plus
hotel-inspired ensuites with heated floors,
full-width 36-inch soaker tubs or frameless
glass showers. There’s even the romance of
an optional gas fireplace for the living room.
Intimate by Design“Designed with redbrick to seamlessly blend
into the surrounding buildings at Gateway
3, The Residences is a limited collection
of only 48 homes. This smaller number
of homes enhances the ability of getting
LocationAbbotsford
BuilderBoulevard Group
DevelopmentResidences at Gateway
Home TypeCondominiums
Sales Centre101-2031 McCallum Road
Contactboulevardgroup.ca or 1.604.855.8116
Residences at GatewayHomes to Inspire
to know your neighbours while still
providing exceptionally private personal
spaces,” Brandon says. “These homes are
spacious too — up to 1,354 square feet
including outdoor patio — so they’re ideal
for anyone who appreciates the comfort
of large, single-level living”.
But what’s truly unique is that the
building is designed with a recessed lobby
so every home is a corner home. More
privacy, more space, and more light —
what’s not to love about that?
Need a final enticement? Easy —
outdoor spaces. Let’s start with the
sundrenched patios and balconies
— some as large as 166 square feet —
that are attached to every home. Now
add in Boulevard Group’s lavish use of
landscaping and water features. And for
the grand finale, there’s a Mediterranean-
style courtyard garden between the two
buildings. “The courtyard will feature
plenty of seating, a leafy grotto, covered
gazebo and a water fountain,” Brandon
says. “It’s a place where you could just as
easily host a party for 30 or 40 people as
hang out with a book or perhaps do some
outdoor yoga or tai chi.”
And here’s another bonus. In addition
to generous amounts of in-suite storage
— after all, you can never have too much
space for your ‘stuff’ right — every home
has an enclosed storage room adjacent to
its parking spaces. “These are completely
private rooms with four walls and a door,”
Brandon explains. “There’s even power
that’s connected directly to your home’s
electric panel, so you could put in a deep
freeze even build a workshop.” Of course,
if you’re like many Abbotsford residents,
you’ll likely find this is a great place for
toys like bikes, skis, kayaks and seasonal
sports gear.
Community Connection“Being so close to the university, hospital,
and airport means Residences at Gateway
appeal to a broad range of buyers and we
really do have something for everyone,”
Brandon says. “And when you visit, be
sure to leave time to check out the
historic downtown (a five-minute walk),
Mill Lake (a 10-minute stroll), and the
many offerings at McCallum Junction
Shopping Centre where you find Canada’s
first Cabela’s Hunting and Fishing Store.”
The Residences at Gateway Home
Store is open noon to 5 p.m. except
Tuesdays at 101 – 2031 McCallum Road
in Abbotsford. For more information visit
boulevardgroup.ca or call 1.604.855.8116
DOWNTOWNVANCOUVERYALETOWNELEVATED ABOVE THE PARK. SOARING TO NEW HEIGHTS.
8X ON THE PARK offers a rare opportunity to live with an expansive park just outside your door. From this peaceful parkside setting you’re just steps from the best of the city: destination dining, nightlife, cafes, shopping and cultural venues. With a SkyFitness Centre, SkyLounge, 24/7 concierge at your service, all homes complete with air-conditioning, and the finest features and finishes, 8X will change how you view downtown living.
*THI
S IS N
OT AN
OFF
ERIN
G FO
R SA
LE. A
NY SU
CH O
FFER
ING
CAN
ONLY
BE M
ADE W
ITH A
DISC
LOSU
RE ST
ATEM
ENT.
PRIC
ES AR
E SUB
JECT
TO
CHA
NGE W
ITHOU
T NOT
ICE.
ARTIS
T’S R
ENDE
RING
S AND
MAP
S ARE
REP
RESE
NTAT
IONS
ONL
Y AND
MAY
NOT
BE A
CCUR
ATE.
E.&O.
E.
8xonthepark.comSEYMOUR STREET
EMERYBARNES
PARK
N
DA
VIE
STR
EE
T
RICHARDS STREET
HOMER STREET
HAMILTON STREET
PRESENTATIONCENTRE1149 HAMILTON ST
HEL
MC
KEN
STR
EET
VISIT OUR PRESENTATION CENTRE AT 1149 HAMILTON STNOW OPEN DAILY 12-6
604 801 6861