BC New Condo Guide - Sept 4, 2015

2 RIVER GREEN HAS ARRIVEDA SHINING EXAMPLE OF ASPAC’S COMMITMENT TO LUXURY LIVING

Sept 4 - 18, 2015 Volume 05 Issue 18

INSIDE THIS ISSUE

THINKING ABOUT AN INVESTMENT CONDO?

HOW THE CHINESE MARKET AFFECTS US

WHAT’S NEW AND HOT IN THE MARKETPLACE

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.

THINK WE’RE SELLING THE DREAM? NO, THESE WATERFRONT HOMES ARE FOR REAL.

#ARAGONFORWARD

778.398.1344 OR ARAGON.CA/PORTAGE260 SALTER ST, NEW WESTMINSTER

1 – 3 BEDROOM + DEN HOMES. $299,900 – $692,900

NOWSELLING

Aragon Properties Ltd.

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

COLLECTION OF ARAGON HOMES

VISIT ARAGON.CA

PORTAGESituated along the Fraser River in Queensborough, these 2 buildings draw from their natural landscape and use design to be both beautiful and liveable. The first 48 homes, consisting of 1–3 bedroom + den condo and loft homes, will defy your expectations of what comes �standard’ in an Aragon home. Come visit our 2 designer display homes! MOVE-IN READY.

#ARAGONFORWARD

WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.

2–4 �bedroom waterfront penthouse lofts available. Viewing available byappointment: 604.520.9890

2 HOMES AVAILABLE

Heavier opton for large scale use (ex. signage)

778.398.1344 OR ARAGON.CA/PORTAGE260 SALTER ST, NEW WEST

MOVE INTODAY!

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

COLLECTION OF ARAGON HOMES

VISIT ARAGON.CA

PORTAGESituated along the Fraser River in Queensborough, these 2 buildings draw from their natural landscape and use design to be both beautiful and liveable. The first 48 homes, consisting of 1–3 bedroom + den condo and loft homes, will defy your expectations of what comes �standard’ in an Aragon home. Come visit our 2 designer display homes! MOVE-IN READY.

#ARAGONFORWARD

WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.

2–4 �bedroom waterfront penthouse lofts available. Viewing available byappointment: 604.520.9890

2 HOMES AVAILABLE

Heavier opton for large scale use (ex. signage)

778.398.1344 OR ARAGON.CA/PORTAGE260 SALTER ST, NEW WEST

MOVE INTODAY!

604.980.0016 [email protected]

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Exclusive creekside enclave with classic West Coast architecture, sustainable design, and personalized interiors through i.D. By Me.

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THE BEST 6 WAYS TOLIVE WESTCOAST

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* SELECT HOMES ONLY. LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SHORE PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277

3 Homes Left with September Move in Dates in Building 2

SAVE $10,000ON HOMES IN BUILDING 3

*

RiverSky2 is developed by Bosa Properties (RiverSky Land) Inc. Renderings, sketches, layouts and fi nishes are representational only. Prices subject to change without notice. E. & O.E.

Sales Centre open daily 12pm–6pm

659 Columbia Street, New Westminster

NOW SELLING SALES CLOSED

COMPARE & SAVE

2 BEDROOMS FROM $359,900


METRO VANCOUVER’S

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Enthusiasm for New Westminster has been unprecedented—it’s like

Gastown with waterfront. That’s why RiverSky’s fi rst tower sold so quickly—

and RiverSky2 promises more of the same. It’s right on the waterfront esplanade

and steps from SkyTrain. The shops and cafes of River Market are next door.

1–3 BEDROOMS PRICED FROM $293,900

4 NEW CONDO GUIDE SEP 4 - SEP 18, 2015

SEP 4 - SEP 18, 2015 NEW CONDO GUIDE 5


* See sales representative for details. Prices and incentives subject to change without notice.

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SALES CENTRE OPEN DAILY 12 to 5 pm (Except Fridays)

152nd Street & 29A Avenue Surrey, British Columbia

604.560.3238

We’re ready for you to move in today! South Point Walk is located in the heart of South Surrey within

walking distance to everything you will ever need or want. Quick access to South Point Exchange Mall, groceries,

restaurants, big brand stores, conveniences, boutique shops, transit, parks, paths, and green spaces. Spacious 1, 2,

and 2 plus den homes are elegantly appointed with quality finishings including gas ranges, stainless steel appliance

packages, Shaker style cabinetry, and thick quartz island countertops. Make a move home to South Point Walk now!

SouthPointWalk.ca


CONTENTS

SEPT 4 - 18, 2015 VOLUME 5 ISSUE 18

COVER STORY

2 River GreenTrue waterfront luxury in Richmondby Susan M Boyce

16

IN EVERY ISSUE12 Editor’s Note

FEATURE56 Warming Up for Fall

Yanic Simard’s advice for welcoming in the chillier seasonsby Yanic Simard

COLUMNS18 Hot Off the Web

A sample of what’s going down online this week at ypnexthome.caby Diane Duflot

28 Buyer ProfileGraham and Nicole soar above in Binning Towerby Susan M Boyce

36 Condo ProBuying a condo without “love money” from familyby Barbara Lawlor

42 Stat ChatUnderstanding condo feesby Ben Myers

44 Condo SenseThinking about buying an investment property?by Cameron McNeill

48 Inside MortgagesA pre-approval may not be all you needby Kris Grasty

54 Fundamentally SpeakingHow the Chinese economy affects Canadoan real estateby Wayne Karl


COLUMNS(continued)

60 Home Sweet HomeCanadians are taking on more “good debt”by Lydia McNutt

HOMEBUYERS’ HELP30 Condo Market Watch

Checking out what’s new and hot in Metro Vancouver’s residential marketplace and beyondby Susan M Boyce

65 Listings Directory

MAPS14 Richmond

22 Vancouver

32 Maple Ridge/Pitt Meadows

38 Surrey/Langley

46 South Surrey/White Rock

52 Burnaby/New Westminster

62 Tri-Cities

CONDO PROFILE

PRESIDENT, YP NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES, NATIONAL

Moe Lalani

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

ART DIRECTOR

Tammy Leung

EDITOR

Stephanie MacDonald

CONTRIBUTING EDITORS

Lydia McNutt Sara DuckWayne Karl

DESIGN EDITOR

Yanic Simard

MEDIA CONSULTANTS

Dave Bird 604.319.7102Brenda Everitt 604.319.7103

SALES COORDINATOR

Justin Salvador

PRODUCTION MANAGER

Bala Gnanapandithan

GRAPHIC DESIGNERS

Miguel Cea

PRODUCTION CO-ORDINATOR

Hanna Yarkony

CONTRIBUTING EDITORIAL WRITER

Susan M Boyce

Published by

4180 Lougheed Highway Suite 102Burnaby BC V5C 6A7T 604.519.6080 F 604.519.6088newhomeandcondoguide.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.

20ElleRichmond’s new centre of elegance and style

by Janine Mackie

34Meadows PointeClose to everything you need in beautiful Langley

by Susan M Boyce


WEST COQUITLAM’S SMARTEST DECISION

Pricing is subject to change. This is not an offering for sale. Sale can only be made by disclosure statement. E.&O.E. Renderings are an artist’s conception and are intended as general reference only.

604.939.8868 CrownByBeedie.ca

1, 2 & 3 BEDROOM HOMES FROM THE $290,000s

PRESENTATION CENTRE OPEN 12 – 5, SAT – THURS Burquitlam Plaza, #104 – 552 Clarke Rd (near Shoppers Drug Mart)

BETTER QUALITY BETTER LOCATION BETTER VALUE

EDITOR’S NOTE

STEPHANIE MACDONALDEditor

Yellow Pages [email protected]

SUSAN LEGGEEditor-in-chief

Yellow Pages [email protected]

Follow me on Twitter atTwitter.com/SusanLegge

Like us on facebooksearch: Condo Guide

THE VALUE IN BUYING NEWWhen only a new home will do, those in the market will be pleasantly surprised by the exceptional value and attention to detail a new home o� ers.

When you buy new, you don’t inherit somebody else’s worn carpeting, personal taste in kitchen appliances or paint colour preferences. You get a fresh, clean space that’s waiting for your personal imprint.

If you’ve always fantasized about buying a brand new home, here are a few tips that can help you make the process a pleasant one:» Shop the mortgage market to see

what you can a� ord before you start your hunt;

» Obtain a lawyer who is willing to review your o� er and close the deal;

» Don’t be persuaded by high pressure sales tactics while you’re out shopping;

» Determine which options and upgrades you want as part of your o� er and ensure your lender will fi nance what’s required, if needed;

» To save money, consider which upgrades you could purchase and install yourself after the sale closes. Some upgrades such as rough-ins and wiring inside the walls are easier to do before construction.

Factors such as the cost of the home, neighbourhood, lot size and special features play a big role in your fi nal decision. Determining which features your new house absolutely must have, and which features you could live without, should be among your fi rst steps in the homebuying process.

We hope you enjoy this issue of New Home Guide. Let us know what you think! We’d love to hear from you.

LIVING AND LEARNINGWe are really fortunate to have an abundance of excellent learning facilities in Metro Vancouver — everything from Universities and colleges, Montessori, French immersion and special schools for learning disabilities, to fi ne arts, technology and sports programs.

If you’re looking for a new home, picking an area where there are lots of good schools to choose from may be a priority for you. The neighbourhood profi les on ypnexthome.ca can tell you exactly what schools are in the catchment of the home you’re looking at, and what schools are nearby. You can also fi nd out all about nearby parks, community centres, local hot spots and anything else you may be interested in.

The Fraser Institute also publishes an annual School Report Card, which can be found at www.fraserinstitute.org/report-cards. These report cards have been controversial in the past due to a distinct bias towards private schools and wealthy areas, however they are now more sensitive to socio-economic discrepencies within the system.

So your kids may be all registered for school, but you also may have something else to register for. With a federal election coming up, no matter where you live right now, make sure you are registered to vote. If you’re not sure if you’re registered at your correct address make sure to fi nd out by visiting elections.ca.



A1. RIVER GREEN 5171 Brighouse Way 604.233.2633

A2. TEMPO 7720 Alderbridge Ave 604.276.8885

A3. ELLE 6511 Buswell St ellerichmond.com

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IT’S ALREADY KNOWN as the new Coal Harbour — a sophisticated combination of exceptional amenities, a dazzling waterfront location and an enviable lifestyle. The name is River Green, and if you crave a home that raises the bar on urban luxury, this Richmond community is one you’re going to want to take a close look at.

1 River Green — the first phase of this masterplanned community by Aspac — has been a huge success, and 2 River Green is now getting ready to launch. And for a very limited time, priority registrants can make an appointment for a private, exclusive preview tour… because this one-of-a-kind development really does need to be experienced first hand.

Celebrate LifeAmenities at River Green are, in a word, astonishing — a shining example of Aspac’s commitment to bring five-star living to every homeowner.

The River Green experience begins with a grand, hotel-inspired lobby with 24-hour concierge. There will be a bold, elegant use of marble and pillars wrapped in geometrically aligned woods that transform structural elements into artistic highlights. To one side, an enclosed Zen garden will separate the lobby from the swimming pool just beyond — creating an inviting ambiance like layers of water and greenery.

Integrated between 2 River Green’s two sister towers will be a lavishly landscaped courtyard and sparkling

water garden, sundecks that appear to float on the water, and comfortable seating. The garden will also be designed to look as if it connects directly with the Fraser River just outside.

Interior amenities include an infinity pool, whirlpool, steam room and sauna, fitness facility with state-of-the-art equipment, and a tranquil yoga area. The musically inclined will be able to practice on the piano or bring an instrument of their choice to 2 River Green’s acoustically insulated music room. There’s also a private theatre room, clubroom with large-screen TV and chef’s kitchen, an outdoor entertainment terrace with barbeque, and a quiet study room.

COVER STORY

By Susan M Boyce

RIVER GREEN One Community: One Developer: True Waterfront

2 River Green Water Garden


Staying fit is yet another part of daily life at River Green — including cycling or walking along the 38 kilometres of dike trails located, quite literally, right outside your front door. Aspac even provides ultra-secure bike lockers for keeping your favourite two-wheelers safe and sound. Or check out the many offerings at the 23,000-square-foot Olympic Oval right next door.

In addition to the extensive water features Aspac will build on the property, the City of Richmond is adding a pier and floating dock that will be integrated into the River Green community. The pier will not only provide temporary moorage for leisure boats, it will be an amazing place to relax and enjoy an afternoon picnic or celebrate the sunsets.

Interior EleganceInside, 2 River Green continues Aspac’s tradition of above-and-beyond finishings: integrated SubZero fridge

and Miele appliance package, Gessi bathroom fixtures, and Cesar kitchen cabinets imported from Italy exclusively for this project. It all adds up to a perfect balance of elegance, modernism and comfort — after all, you’re worth it.

Experience Richmond’s New Coal HarbourAfter the undeniable success of Coal Harbour, Aspac is now poised to set a new standard of luxury in Richmond at River Green. Like every Aspac home, the River Green presentation centre was built with exceptional care and attention to detail. When guests arrive, they’re immediately enveloped in an ambiance of grandeur and luxury that not only sets the tone for 2 River Green and gives buyers a sense of the level of luxury they can expect in their new home, it also creates a vision of the master planned community that’s waiting for them when they live here.

The River Green Community’s three-level presentation centre is

now accepting preview viewings by appointment only at 5111 Hollybridge

Way in Richmond. Don’t miss this opportunity to be part of the New Coal

Harbour. Book your priority preview tour by registering at rivergreen.com.

Presentation Centre

Presentation Centre Lounge

Clubroom

Cesar Kitchen and Miele Appliances

In addition to the extensive water features Aspac will build on the property, the City of Richmond is adding a pier and floating dock that will be integrated into the River Green community.


Former Vancouver Editor of New Home Guide, New

Condo Guide and Home Decor and Renovations, Diane Dufl ot is currently enjoying the life of a freelance writer and editor.

She can be reached at diane.dufl [email protected]

Hot off the webA PEEK INTO THE KIND OF LOCAL REAL ESTATE NEWS

THAT CAN BE FOUND AT YPNEXTHOME.CABy Diane Dufl ot

Next hot housing markets?Tsawwassen and Ladner Wondering what the next hot real estate markets in the Lower Mainland might be? All signs are pointing towards Tsawwassen and Ladner, due to a number of contributing factors. New landmarks in the area are contributing to the current wave of excitement: a bridge that will replace the George Massey Tunnel is expected to cross the Fraser River in 2017 and there are two mega malls expected to open in 2016 at Tsawwassen First Nation, which will bring a combined 1.75-million square feet of retail to the area. As these improvements to the area are completed, it’s certain that demand will increase for the properties in the region, and prices will go up.

Are we in a recession?Over the course of the summer, it has been debated whether or not we are in a recession. It all began in March 2015, when the International Monetary Fund reported that Canada had two vulnerable domestic areas in its economy. The fi rst of these is the country’s high household debt and the second is its overheated housing market. The word “recession” became bandied about, with few economists ready to commit to the

term. Typically, a recession is defi ned as two consecutive quarters showing a decline in GDP. If that defi nition is used, since Statistics Canada shows that the economy shrunk every month from January to May, then Canada is well on its way on towards what is being called a “technical recession.” Today’s Canadian economy shows several positive economic indicators that contradict the negative ones, though. Despite the fact that the low price of oil has lowered investment in the energy sectors, the job market is still doing well. As a result, the Business Cycle Council said, “data did not provide evidence that Canada had entered an economic downturn” and that they would reassess the situation when new data was available this fall.

Current drought conditionsteach Vancouver to conserveThe typical November in Vancouver gets about 185 mm of rain, and it keeps pouring down for several months after that. Apparently, on average, it rains 165 days of the year in Vancouver. That’s more frequently than one out of three days. Given the fact that we spend a good half of the year drenched in rain, it’s not surprising that many of us living in the Lower Mainland have been taking our

HOT NEWS

water for granted. Happily, it seems that most people are on board with preserving our water supply. Ninety-fi ve per cent of British Columbians support the current water restrictions, and about 90 per cent of residents of Metro Vancouver and the Fraser Valley indicate that the $250 fi ne for violating the restrictions is either appropriate or not enough.

For more details on these stories, and for more real-estate news, visit nexthome.yp.ca/news



RICHMOND/DELTA/LADNER/TSAWWASSEN

CONDO VIEWS

Elle Richmond is a prestigious alternative to condominiums reaching high into the sky in

Richmond. An easy stroll to Minoru Park, one-block from Richmond Centre and two-minutes from the Canada Line Brighouse SkyTrain Station, this boutique development will rise just 15 stories and feature 65 exclusive residences with high-end touches.

STEPPED UP STYLING: Miele appliances and Armony Cucine cabinetry“These homes raise the bar for luxury living in Richmond Centre,” says Charmaine Tangsoc, the development’s sales manager. “There’s an unparalleled degree of elegance and functionality, with homes featuring hybrid heat pump air-conditioning, luxury Miele appliances

and Italian kitchen cabinetry by Armony Cucine.”

Following their award-winning Paloma developments, Regent International returns to Richmond with this stellar new condo development now under construction at the corner of Buswell and Cook. Anticipated to be completed by September 2017, residences at Elle Richmond are already

ELLE RICHMOND Live in the city’s most exclusive private residences with luxury European brands and ample space By Janine Mackie


market and return because the quality at Elle Richmond is superior. The three-bedrooms are ideal for those who love space; there’s ample areas to be on your own or gather as a family.”

The podium level will feature an outdoor garden with plots for rent, while those who prefer to get their exercise on the treadmill will appreciate the convenience of a fully-equipped state-of-the-art gym and social lounge.

WALKER’S PARADISE: with restaurants and services at your doorstepA quick check on my walkscore.com app, and it’s evident Elle Richmond makes the grade, scoring “95” for its accessibility to coffee, restaurants ranging from seafood to subs, shopping and every possible errand, whether bank deposit or trip to the dentist.

These true European-inspired residences are destined to redefine condominium living in Richmond. And with the City Centre’s population expected to climb by 2,500 new residents each year, now is the time to invest in a community with an enviable future.

“These homes raise the bar for luxury living...”

“There’s an unparalleled degree of elegance and functionality.”

over 70 percent sold!While all one-bedroom floor plans

have been spoken for, there is still a good selection of two and three-bedroom homes, says Tangsoc, noting that “all two-bedrooms are corner units — translating to more natural light, more views and more space.”

“They are truly gorgeous and with only five or six homes per floor, they offer great privacy,” says Tangsoc. The two-bedroom homes are priced from $478,900 plus GST, and the developer is including one parking and storage locker with all remaining homes.

PREMIUM PENTHOUSE: features oversized rooftop deck with outdoor kitchenFive penthouse homes are also being

offered for sale with 1,777 to 1,873 square feet of living space indoors, plus rooftop balconies extending living outdoors by an additional 1,000 square feet, and boasting a built-in barbecue and sink. Penthouses come with two side-by-side parking stalls, two storage lockers and finishes fine-tuned to include premium Miele appliances — built-in coffee system, ultra-quiet dishwasher, fully-integrated fridge and freezer, gas cooktop with wok burner, convection oven, microwave and hood fan with halogen lighting.

“These homes are ideal for those wanting to downsize but live in the same quality of home,” describes Tangsoc. “I appreciate seeing buyers do their homework — they visit our sales centre, compare with other homes on the

This could be your life. Your luxury. Your Elle Richmond. Visit the sales centre and show suite today, open daily (except Fridays) from noon to 5 p.m. For more

information call 604-273-1313 or visit ellerichmond.com.


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1. W1 88 Pacific Boulevard (Vancouver, On the False Creek Seawall) 604.899.8800

2. APERTURE Presentation Centre in Oakridge Mall (south entrance, near Kin's Market) 778.616.7008

3. EAST PARK 4236 Main Street 604.879.3257

4. FRAMEWORK Pender & Main Street 604.620.6223

5. PARK & METRO 688 SW Marine Drive 604.325.8111

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. ADDITION 1149 Hornby St 604.620.6692

12. RIVER DISTRICT 3302 North Arm Ave 604.879.8830

VA N C O U V E R | D O W N T O W N VA N C O U V E R

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Vancouver is famously active, a city of paddlers, hikers, runners, climbers and cyclists. It’s time to get in gear and be among the fi rst to experience Voda, a

16-storey collection of condominium homes with stunning water, mountain and city views. Voda is where The Creek makes its debut. Discover the home of

quintessential Vancouver—waterfront and park side in Southeast False Creek.

EXPERIENCE QUINTESSENTIAL VANCOUVER

August 2015. E.&.O.E. Concert Realty Services Ltd.

Discover Life at 1st & Quebec REGISTER TODAY thecreekbyconcert.com

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THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. E&OE.

Presentation Centre Sat - Thurs, 12pm - 5pm1751 Quebec Street604.828.1029 REGISTER: liveinproximity.com

PROXIMITY - An exclusive collection of 1 and 2 bedroom homes in False Creek featuring sustainable and innovative

design. Close to everything and beyond your expectations, this is your opportunity to live in Proximity, where life

and location intersect.

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$388,8002 BEDROOMS STARTING AT

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SPRING 2016

Aug 21 - Sept 4, 2015 Volume 23 Issue 17

INSIDE THIS ISSUE

WEAN YOURSELF OFF CREDIT CARDS

THE COUNTRY CHARM OF LANGLEY

INTERIORS FOR BOTH HIM AND HER

37 elegant concrete residences in the exclusive West Side neighbourhood of Kerrisdale

Aug 21 - Sept 4, 2015 Volume 05 Issue 17

INSIDE THIS ISSUE

THE FREEDOM OF BEING CAR-FREE

CONDOS AND THE REAL ESTATE “BUBBLE”

EXPLORING RICHMOND’S OVAL VILLAGE

www.homedecorandrenovations.comMETRO VANCOUVER EDITION

VOLUME 14 ISSUE 2JUNE - JULY 2015FREE

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MAKES A SPLASH WITH AN AMAZING BUNGALOW TRANSFORMATION

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The homes you’ve been waiting for from a respected builder

Sterling by Cressey offers what so many people have been asking for: spacious, meticulously designed homes within picturesque Kerrisdale. This limited collection of two and three-bedroom residences and penthouses live exactly as a single family

home should, offering the grandeur of an elegant, brand new space plus the freedom to leave at a moment’s notice to travel as you please.

3 7 ELEGANT KERRISDALE RESIDENCES

604.428.8858 Ster l ingByCressey.com

S T E R L I N Gby Cre s sey

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This is not an offering for sale. Such an offering can only be made after filing a disclosure statement. E&O.E.

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VANCOUVERBURNABY

BUYER PROFILE

Graham and Nicole are the first to admit Lady Luck has been smiling on them.

In July 2012, after several years pursuing his professional sports coaching career in California, Graham landed an appointment as head coach of the UBC Women’s Hockey Team. Even though it was long after most coaching positions are filled for the upcoming season, he was even able to find rental accommodations for his family of three in the heart of UBC’s new Wesbrook community.

“We loved the neighbourhood immediately,” he says with a contagious enthusiasm. “I could walk to work so we

Graham and Nicole at Binning Tower

WORLD-CLASS CAMPUS LIFESTYLE

By Susan M Boyce

only needed one car, there are so many things to do with the kids, and there are parks and amenities right here — it really has a small town feel within a bigger city.” In no time, the couple knew they wanted to purchase a home and put down permanent roots.

Naturally enough, Graham’s parents soon came for a visit to see the campus

setting that had so captured the hearts of their son, daughter-in-law, and grandchild… and luck smiled again. “At the time we were living directly across the street from the Binning Tower presentation centre,” Graham explains. “It was opening weekend, so we all decided to just pop in and take a look. Yvonne, the sales manager, was incredibly helpful, and we liked the fact it’s a concrete building from a quality developer.”

Even more important, the floor plans offered space — lots of space. “We were living in an 800-square-foot, one-bedroom — which was tough with one child and the two of us,” he says. Since the couple already knew they wanted a second child, being able to purchase a three-bedroom home was an important part of the decision. “And because the building won’t be finished for two to three years, it gives us more time to save up a larger down payment and organize our finances — that was a big thing for us too. We’ve owned before but never had a brand new home, so it’s going to be very exciting.”

Epilogue: three months ago, Graham and Nicole celebrated the arrival of their daughter, Avia. Yet another reason they consider luck to be on their side.

For more information about Binning Tower, visit binningtower.com or call 604.646.1111.

We loved the neighbourhood immediately.— Graham


DRAKE ST

GRANVILLE ST DAVIE ST

SEYMOUR ST

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES WITHOUT NOTICE. PRICES AND AVAILABILITY ARE SUBJECT TO CHANGE. RENDERING AND VIEW ARE APPROXIMATE ONLY. E.&O.E.

NEW YORKVANCOUVERLONDON

“THE TWO GREATEST STORES OF WEALTH INTERNATIONALLY TODAY IS CONTEMPORARY ART AND APARTMENTS IN MANHATTAN, VANCOUVER, AND LONDON”

– Lar ry Fink , B lackrock CEO, May 2015

INTERNATIONAL CITY. INTERNATIONAL DESIGN. 164 city homes featuring a 3-storey green screen oasis in the heart of urban Vancouver. Bespoke cabinetry from Friul Intagli of Italy | Heating & cooling from Jaga of Belgium | An international standard of design coming to Hornby & Helmcken.

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DOWNTOWN’S MOST AFFORDABLE LUXURY AT HORNBY & HELMCKEN

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Renfrew & 2nd

VancouverON THE STREET: Renfrew and 2nd AvenuePRESENTATION CENTRE: 1833 RenfrewON THE WEB: thind.caINFO: 604.830.3938HIGHLIGHTS: This collection of 48 one-, two-, and three-bedroom condominium homes is attractively priced from $259,900. Easy access to downtown Vancouver, the freeway to Interior BC or the North Shore, as well SFU, BCIT, and the diverse array of shopping and restaurants found in Chinatown, Gastown, Yaletown, and The Drive.

Savile Row

Burnaby ON THE STREET: 4991 Claude Avenue (near Canada Way and Sperling)ON THE WEB: liveatsavilerow.comINFO: 604.833.1606HIGHLIGHTS: Presentation centre is expected to open in September for this limited collection of studio fl ats and exclusive park-side townhomes. Amazing access to over 1,400 acres of parkland, trails and lakes at Deer Lake Park, Central Park and Burnaby Lake Park. Savile row is one of the fi rst opportunities to purchase a brand new home in this neighbourhood for many years, so you won’t want to miss out. Prices anticipated to start below $600,000 for the fi rst phase of townhomes. Register today for updates on condominium and townhome opportunities.

Brookmere

West CoquitlamON THE WEB: onni.comHIGHLIGHTS: Coming soon to the West Coquitlam neighbourhood, this new collection of one-, two-, and three-bedroom homes will be located across from Lougheed Town Centre on North Road and just a short stroll to both the Millennium SkyTrain station and future Evergreen Line. In other words, this is one convenient place to call home. Priority register now to stay in the know and remain ahead of the crowd.

CONDO MARKET WATCHCondominium homes to keep your eye onBy Susan M Boyce

CONDO WATCH

Green Oak

Vancouver Now well under construction on West 10th Avenue just west of Vine in Vancouver’s prestigious Westside, Green Oak is a rare opportunity to purchase a home directly opposite Connaught Park and barely a block from Kitsilano Secondary.For more information, visit GreenOakDevelopment.com or call 604.428.0588

Encore at Bayview Place

VictoriaON THE WEB: bosaproperties.comHIGHLIGHTS: If you’re considering a move to BC’s capital, here’s one to watch. This collection of 136 homes is located in Victoria’s famous Inner Harbour and brought to you by one of Vancouver’s most respected builders. Priority register today for more information as it’s released.

Tell Us Your NewsGot a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at condomarketwatch@@ypnexthome.ca, and we’ll do our best to get it in the next edition.


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1. SIGNATURE AT FALCON CENTRE 11862 226th Street 604.477.1500

2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500

3. STATION ONE 12070 227th St. 778.878.1347

A4. RIVER'S EDGE 11580 223rd St 604-453-4965

A5. MEADOWS POINTE 20331 Dewdney Trunk Rd. 604.807.2423

MAPLE RIDGE

AAAAAAA


SUITES ARE MOVE IN READY


PITT MEADOWS/MAPLE RIDGE

CONDO PROFILE

Looking for something fresh and different in a Maple Ridge condominium? A home with a

distinctly contemporary outlook and a location that put you close to urban amenities yet has the intimate charm of a rural setting? Well say hello to Meadows Pointe.

Dramatic Architecture“When people see Meadows Pointe for the first time, they’re always curious,” says sales manager Sharon Johal. Her gesture takes in the dramatic ledgestone detailing and the playful combination of articulated façade and crimson red accent walls. “There really is nothing else like this in Maple Ridge.”

All About LocationMeadows Pointe’s location on Dewdney

radiant heating — sure to be especially appreciated first thing in the morning.

“The first three floors also have nine-foot ceilings, and on the fourth floor they’re 10 feet high,” Sharon says. “So the amount of natural light is amazing. Plus you’ve got great views of the mountains.” And, of course, every home includes generous outdoor spaces too — after all, that’s what West Coast living is all about.

The Meadows Pointe sales centre and display home are open noon to

4 p.m. Saturday and Sunday (or by appointment any time) at 20331 Dewdney Truck Road in Maple Ridge.

Prices for these 22 homes start at $189,900 with floor plans ranging

from one- to three-bedroom. Be sure to ask how you can receive one

year free internet/phone. For more information visit meadowspointe.ca

or call 604.807.2423.

MEADOWS POINTELife’s Pivotal Point By Susan M Boyce

Trunk and 203rd Street is another winning feature. “You’re quite literally just across the street from every urban amenity you could want — Safeway, Sport Chek, Starbucks, a really cool pub, Winners, Shoppers Drugmart — it’s all only a couple of minutes away,” Sharon says.

“And because we’re just at the border with Pitt Meadows, it means you’ve got easy access to both the Golden Ears and Pitt River Bridges — so if you do have to commute, it’s an easy drive.”

Great LifestyleInside, Meadows Pointe is designed to impress with finishings like quartz counters, engineered hardwood flooring throughout, and full appliance package. And here’s a neat bonus — every bathroom comes with in-floor


At the pivot point of Dewdney Trunk Road and 203 Street, this livable low-rise sets the perfect example of life in the right direction.

• Stunning Mountain Views • Designer Kitchens • Heated Bathroom Floors • Minutes to West Coast Express • Walking distance to shopping and amenities

FURNISHED SHOW SUITE Open Sat & Sun from 12-4pm or by appointment.

20331 Dewdney Trunk Rd, Maple Ridge

604.807.2423 www.meadowspointe.ca Developed by

MOVE IN

NOW

1, 2 & 3 Bedroom Suites584 - 1347 sq. ft.

OWN FOR AS LITTLE AS

$800/mo.

Amazing Westside Location!AmazingWestside Location!



Condominium ownership differs from lowrise homes in many ways – especially where fees are

concerned. Those entering into condo ownership for the first time will do well to understand exactly what these costs are, and what they cover.

One of the most misunderstood expenses is the interim occupancy fee. When your lowrise home closes and you move in, you officially own it. With a condominium, depending on when in the sales and construction process you purchase, you will most likely enjoy occupancy long before you receive title to your suite.

Unless you move in after the condo is registered, you will not yet own your suite outright. You enter into what is referred to as “interim occupancy.” This is the gap between the occupancy date given to you once roof-topping has occurred, and when the condominium

Barbara Lawlor is president and CEO 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.

CONDO PRO

What is interim occupancy?By Barbara Lawlor

is registered and you receive title. Until that time, the suite is still owned by the seller (the developer).

In Ontario, a “condominium” is not formed until construction is completed and passes the approval processes that enable it to be registered with the Land Registry Office. In highrise condos, the lower floors are finished long before the upper levels, but the approvals process begins once the first suite is occupied. It typically takes up to six months, although sometimes it can be quicker. During this time, you will pay an occupancy fee to the developer.

The occupancy fee encompasses three elements. First, it is determined by the interest portion of the balance owing on the purchase price (usually payable on the registration date) based on a one-year mortgage rate of the Bank of Canada. Second, it includes the estimated maintenance fees for

the suite, and third, its portion of the estimated real estate taxes. There are also other fees such as the enrollment of your suite with Tarion Warranty Corp.

You may think of it as rent, but it’s not rent, nor is it money that can be applied toward your mortgage. Once the title is transferred, you take out your mortgage and the builder/developer receives the money. The benefit to the suite owners is that you get to move in sooner and not have to wait until registration. You will get substantial notice before your occupancy date.

Remember that during interim occupancy, you must have your homeowner’s insurance in place, and you have to arrange for utility hook-ups as if you own the home. Your appliance warranties kick in upon occupancy because you are actually using them, and your Tarion warranty is officially in place.


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Water Views • Folding Accordion Doors Lead to Large Outdoor Living SpacesOver-sized Windows • Spacious Kitchens with Gas Ranges • Exquisite Bathrooms

Over-sized Tile Surround Shower • Walking Distance to West Coast Express

MOVEMENT IS LIFE



10

Fraser Hwy

Fraser Hwy

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S U R R E Y | L A N G L E Y

A1. YALE BLOC 19557 64 Avenue www.yalebloc.com

A2. MANAROLA 8695 160th Street604.800.9255

A3. MAXX AT VERVE 13913 Fraser Hwy.604.588.3783

A4. MUSE 9015 120th Streetliveatmuse.com

A5. UNIVERSITY DISTRICT 104th & University Dr604.588.5795

A6. G3 RESIDENCES 104th Ave. & 154th St.604.453.6688

A7. THE RIDGE AT BOSE FARM 16390 64th Ave.604.888.5514

A8. EVOLVE 13328 104th Ave.604.497.0102

A9. CHROMA 15628 - 104th Ave604-581-5399

B1. KENSINGTON 20678 Willoughby Town Centre Drive604.427.3311

B2. ELEMENTS 20211 66th Ave.604.533.7718

B3. ATHENRY GATE 8312 Street604.882.8857

B4. MURRAYVILLE HOUSE 5020-221A Street778-808-6563

B5. CORNERSTONE 5655 210 Street604-536-6000

SURREY LANGLEY

B4


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The term “love money” is typically defi ned as seed money or capital given by family or friends to an

entrepreneur to start a business. I’ve adopted the term in a real estate context – giving cash to your o� spring to buy a home. We are seeing a lot of parents assist their adult children with down payments on homes and condominiums, a fi gure as high as 25 per cent in Canada overall, 35 per cent in Toronto and 40 per cent in Vancouver.

Ten years ago my grandmother gave me $10,000 toward my fi rst condo. Without it, I wouldn’t have been able to get into the market. However, perhaps your family is not so fortunate and doesn’t have that kind of money to gift, or maybe they do but they are just not giving it to you! Can you make it happen without love money?

The answer is “yes,” but you have to get creative. It may involve renting out a room to help o� set your monthly carrying costs. For those who are tired of the “roommate thing,” I wouldn’t compromise on location, I’d compromise on size. Live in your neighbourhood, not your suite. There are tons of space-saving and condo-e� cient furniture designs, appliances and storage

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and

projects that Fortress engages in. Follow his blog posts and commentary on the Canadian

Housing Market at fortressrealdevelopments.com/news or follow him on twitter

at @BenMyers29

STAT CHAT

Can you buy a condo without “love money”?

By Ben Myers

systems. Put your winter clothes in your locker, or your parents’ basement. Small spaces require constant decluttering. Take stock of what you really need. You might fi nd the purge refreshing. Live on transit and get rid of your car. Buy in a building with a fi tness centre and don’t bother with the gym membership. Forget cable and Internet, get free WIFI at the local co� ee shop! Get on your condo building’s social network, share transportation, share dog-walking duties, set up play dates for the kids, borrow a pair of shoes, or fi nd someone with that missing ingredient for your meal.

If you think you’ll save money by waiting for the market to correct, well, get in the long line. People that have been waiting for this to happen since 2003. Some say Canada is on the brink of a recession; record condo units have completed over the last 12 months; investor-held units are at an all-time high. Yet the Vancouver condo market continues to defy sceptics. The 6,297 new condominium sales in Q2-2015 was the third-highest quarterly sales on record for the market according to Urbanation, and highrise prices have increased for both new and resale condos. If you can get in the market,

get into now, as there appears to be no break in sight.

Buying a new condominium can be daunting without fi nancial assistance, but don’t let a lack of love money stop your dream of home ownership. You will have to get very creative, and make a lot of sacrifi ces, but once you grab the bottom rung of the property ladder, the climb is much easier from there.


50% SOLD50% SOLD50% SOLD50% SOLD50% SOLD50% SOLD50% SOLD50% SOLD50% SOLDCOME SEE US TODAY! SALES CENTRE OPEN DAILY

12pm-5pm (except Friday)

ONE-BEDROOMHOMES STARTING AT$$199199199199,199,199,199,199900900900900WITH 5% DOWNMONTHLY PAYMENTS ASLOW ASLOW ASLOW ASLOW ASLOW ASLOW ASLOW AS $$881881881881881

Murrayville House is an exclusive boutique collection of 92 one and two-bedroom homes, many with dens, situated in the best location of Langley - Upper Murrayville.• 5% down payment• Interest rates at historical lows• Close to Trinity Western University

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

Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer reserves the right in its discretion to make changes to the flooRenderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer reserves the right in its discretion to make changes to the flooRenderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer

r plans, project design, appliances, specification and features. Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer

r plans, project design, appliances, specification and features. Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer

This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.reserves the right in its discretion to make changes to the flooThis is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.reserves the right in its discretion to make changes to the floor plans, project design, appliances, specification and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.

r plans, project design, appliances, specification and features.

15

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16

17

1922

24

2526

21

23

1318

20

53 Ave

Douglas Park

Portage Park

Langley City Park Newlands Golf

& Country Club

Kwantlen Polytechnic University

Langley SecondarySchool

US Border

Highway 1

Aldergrove

Langley Centre

WillowbrookShopping Centre

53 Ave

54 Ave

51b Ave

56 Ave56 Ave

DowntownLangley

Willowbrook Dr

1A

1A

10

1A

1A

1A

Langley RegionalAirport

Cloverdale

• Kwantlen Polytechnic University Cloverdale Campus

48 Ave 48 Ave

52 Ave

50 Ave

52 Ave

N

SALES CENTRE220-230 22196 50TH AVE, LANGLEY

DEVELOPED BY SALES BY MARKETED BY NEW HOME WARRANTY

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For more info please call604.868.2000 to speak with Vince Pontaletta & Karey Ireland

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SURREY/LANGLEY

To be, or not to be a landlordTHINGS TO CONSIDER BEFORE BUYING

AN INVESTMENT PROPERTY

By Cameron McNeill

CONDO SENSE

Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Cameron also co-founded TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research firm.

Together with his experienced and dedicated team of sales,

marketing and administration professionals, he has transacted

more than 14,000 new homes and $5 billion in sales. Email him at

[email protected] or follow him on Twitter

@mac_marketing

Owning an investment property can be a profitable asset and it is a great way to create

financial security for you and your family. Here are a few things to take into consideration before you commit to a property.

What are your expectations?It’s important to think about why you want to purchase an investment property. Are you hoping to flip a home for a quick profit? Is this a 5-year investment to help you work your way up the real estate ladder? Or is this a long term investment for future financial security? Make sure you know exactly what you want out of the property.

How much commitment is a rental property?Do your research to ensure you understand the running expenses that come with owning an investment property, such as property taxes, ongoing maintenance, strata fees and mortgage insurance. On top of the financial commitment is time. Consider what kind of landlord you will be and the amount of time that goes into managing a rental property. If landlord responsibilities are too much for you, contracting a property manager is an option, but this will be an additional monthly expense to consider.

Crunch the numbers1. Get your financial house in order

– Sit down with a financial advisor to go over your financial situation. A financial advisor will help you gain insight on ways to maximize your cash flow, as well as tips to make yourself a more attractive candidate for pre-approval. For example, have your credit cards paid off and minimize other existing debt such as car and student loans.

2. Go to the bank and get pre-approved – Meeting with your bank to get pre-approved is important as it will then dictate what you can afford. From this you will be able to set a realistic budget.

3. Coming up with a deposit - It is recommended to have at least a 20% deposit on your investment property in order for the venture to be financially worthwhile. If you do not have the cash, another way to come up with the deposit is by leveraging the equity in your home.

a. For example, the value of your existing home is $500,000 and your mortgage balance is $300,000. The difference between the two, $200,000, is your home equity. As an investor, it is possible to access up to 80% of your home’s equity. So, in this example, you have $160,000 to put towards your down payment. You would then need to finance the remaining balance.

If you still feel like an investment property is right for you then get going on to the fun part, finding the right investment home for you! Employ a realtor that you trust and who understands you and what it is you’re looking for. Also, start shopping new home presentation centres as there are additional benefits in investing in a pre-sale property. Happy investing!


athenrygate.comSales and Marketing by Solon Bucholtz 778.995.7467

A community of European-inspired condos that are as sophisticated as they are affordable.

ONLY 5 LEFT: 2 Bedroom + 1 Bathroom

$219,900

ONLY 5 LEFT: 2 Bedroom + Den

$275,000

athenrygate.comSales and Marketing by Solon Bucholtz 778.995.7467

A community of European-inspired condos that are as sophisticated as they are affordable.

ONLY 5 LEFT: 2 Bedroom + 1 Bathroom

$219,900

ONLY 5 LEFT: 2 Bedroom + Den

$275,000

107 - 20861 83 Avenue, Langley Sales Centre Open Saturday - Thursday 12-5pm

LAST CHANCE! Only 4 left!

LAST CHANCE

80% Sold!

Plan D3 | 2 Bed + Den

$275,900 (inc. net GST)

94% SOLD OUT

NET GST INCLUDEDLIMITED TIME OFFER. See sales representative for details


SURREY/LANGLEY

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RESERVE


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

1. BEVERLEY 1458 Vidol Stbeverleybycressey.com604.560.0075

2. EDGEWATER 36 Ave & 152nd St.604.818.5603

3. GEMINI 15336 - 17A Ave604.536.1663

4. ADAGIO 20th Ave. & 154th St.604.531.6659

5. HEIGHTS CONDOS 2855 156th Street, Surrey778.545.8737

6. ROYCE 14855 Thrift Ave604.538.8028

SOUTH SURREY / WHITE ROCK

2

5

6

1

3

4

Early Bird Special! Up to $15,000 off Condo Homes.2855 156 Street, Surrey | Open Saturday & Sunday 12-5 pm (or any time by appointment) | www.theheightsliving.ca | 778-545-8737

CONDO HOMESat

BY LAKEWOOD

S O U T H S U R R E Y | W H I T E R O C K


This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE.

beverleybycressey.com or 604-560-0075

1479 Vidal Street, White Rock Open daily 12-5pm (Except Fridays)

Visit us Today.

A two-bedroom + den home that feels extremely spacious

Abundant in-home storage means a clutter-free living experience

Engineered hardwood flooring for a gorgeous

look from the ground up

Concrete construction for a

quieter, durable home

Air conditioning to live comfortably

all year long

The CresseyKitchenTM has an effortless flow, ample storage and high-end finishings

Generous balconies and patios extend your living space into the great outdoors

Enjoy an actual laundry room with a deep-basin wash sink and side-by-

side washer & dryer

LIVES JUST LIKE A SINGLE-FAMILY HOMEENJOY STORAGE, SPACE AND A DREAM KITCHEN FROM $649,900.

2015 HAS BEEN a busy year for Realtors, mortgage brokers and home buyers alike, with record setting month-to-month closings. What many of us in the industry have seen with this shift into a Seller’s Market has been an increase in multiple offers and many prospective home buyers feeling the pressure to rush their bid or offer on their newly-desired prize.

A buyer needs to consult a Mortgage Broker in advance of embarking down the purchasing path. It has always been

recommended that people find out what they can qualify for early so that they and their Realtors know a realistic price range but the term “pre-approval” is often used and misunderstood.

A “pre-approval” in reality is a loose estimate of affordability done by banks and lenders; however it is seldom any more than a “rate hold”. A true pre-approval involves full review and underwriting of a buyers credit rating, income documents, accounting of all debts or liabilities and more.

INSIDE MORTGAGES

Lenders are rarely doing a proper pre-approval these days, as there is much work involved and approximately 90 per cent of these files do not materialize. Files go hot and cold, then hot again, or it can simply take a client months to find the right home, causing some of the documentation to be stale-dated (requiring current documentation for review).

Variables often arise as potential issues once a file goes live and a client enters into a purchase contract. One’s

Mortgage “Pre-approvals”MISCONCEPTIONS CAN LEAD TO A FALSE SENSE OF SECURITY! By Kris Grasty

Kris Grasty is a mortgage broker with Dominion Lending Centre’s

Canadian Mortgage Experts and and a Finalist in the 2014 Canadian Mortgage Awards.

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].

employment can change, debt levels could be different as months go by, credit problems could be uncovered late in the process and the property itself can present its own unique set of issues. Lender guidelines and lending rules are constantly changing week in and week out, creating a moving target where a file could fit with a lender one month yet be denied by the same institution a month later.

I am not trying to say that going through the process of a pre-approval is a waste of time. On the contrary — clients should be made aware that the term “pre-approval” is often misleading.

In just five files last month, I have helped clients who thought they were pre-approved only to be denied by their lender at the last minute based on a credit concern or based on the property itself. I had dealt with two in particular where the clients’ bank was not lending on that particular condo development.

For clients putting less than 20 per cent down, we add another element or potential challenge: the insurers. We have three mortgage default insurance companies in Canada; CMHC, Genworth and Canada Guarantee. A client was denied by their banks’ insurance company of choice based on property value and they were not approved.

They came to me and I found that in addition to one insurer undervaluing the property, the second insurer would not lend in this semi-remote area. The third insurer was willing to play ball along with a new lender and we got them across the finish line!

As a mortgage broker working for you, I take this process many steps further. I request all of your documentation up front and we put an application together in advance. With all documentation in hand and a Credit Bureau review, we can identify any potential issues early and have them rectified prior to writing any offers. I stay in contact with you and identify lenders that will be a good fit based on both your current financial situation and the potential property types you are seeking out! We need to look at not just getting the approval here; a good Mortgage Broker will also help you plan for future financial moves, beyond this one file!

Mortgage Brokers can achieve the same “rate-hold” as it should be referred to for you, lock your rate in for up to 120 days and even get lower rates should they be offered prior to closing.

It is absolutely essential to engage a with a Mortgage Broker early on to fully understand what you qualify for, the total closing costs of your potential

It is absolutely essential to engage a with a Mortgage Broker early on to fully understand what you qualify for, the total closing costs of your potential purchase and to help bridge the gap between the rate-hold and approval process with a lender.

purchase and to help bridge the gap between the rate-hold and approval process with a lender. It is equally important to know that these issues can and do arise placing a high importance on adding a “subject to financing” clause to your purchase contract. A pre-approval is not a guarantee and there is no substitute for working with a professional that can understand your needs and provide you with the best options for your unique situation!



SOUTH SURREY/WHITE ROCK


SOUTH SURREY/WHITE ROCK

BURNABYA2. REDBRICK

Griffiths Dr & 14th Ave 604.527.7955

A3. AVIARA 4189 Halifax Street 604.291.9130

A4. MODELLO 5021 Kingsway 604.456.0688

A5. BRENTWOOD 4567 Lougheed Hwy. 604.563.8386

A6. NOVELLA 170 - 3355 North Rd 604.563.5777

A7. STATION SQUARE 4670 Assemble Way stationsquare.ca

A8. ALTITUDE 89955 University High Street 604.456.8883

A10. CROWN Presentation Centre #104 - 552 Clarke Rd 604.939.8868

A10. CAMERON Presentation Centre 150A - 3355 North Rd 604-379-2191

A11. MADISON & DAWSON 604.428.0210

A12. MILANO milanoliving.ca

A13. SAXON 7569 6th Street 604-515-7119

B U R N A BY | N E W W E S T M I N S T E R

B1. NORTHBANK 125 Columbia St 604.523.0081

B2. PORTAGE PORT ROYAL 260 Salter St 778-398-1344

B3. THE SAPPERTON AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941

B4. RIVERSKY2 659 Columbia St 604.522.2583

NEW WESTMINSTER

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

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CLI

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AV

EC

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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

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HO

LDO

M A

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WIL

LIN

GD

ON

AV

EW

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NG

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IMPERIAL STIMPERIAL ST

IMPERIAL ST

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EWEN AVE

EWEN AVE

DUNCAN STDUNCAN ST

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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

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PARK

BURNABYMOUNTAIN

PARK

BARNET MARINEPARK

BARNET MARINEPARK

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CONFEDERATIONPARK

BURNABY LAKE REGIONAL PARKBURNABY LAKE REGIONAL PARK

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BRENTWOODMALL

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BURNABY/NEW WESTMINSTER

The recent collapse of the Chinese stock market and subsequent economic woes may seem like a

world away, but the e� ects are being felt globally – including here in Canada.

What might it all mean for the Canadian housing market?

It’s early days yet, and the assumption is that ongoing woes in China will hurt us. True, a troubled Chinese economy hurts Canadian shipments to that increasingly important export market, particularly from BC and Alberta. But when it comes to Canadian housing, there may actually be a benefi t.

It’s well known that Canada is a popular destination for Chinese real estate investors, and Canada Mortgage and Housing Corp. (CMHC) has said the number of foreign investors in Canada may be higher than documented – meaning there is continued strong interest in the Canadian housing market.

“We know it is common for foreign nationals to invest in Canadian real estate,” Alyssa Richard, founder and CEO of ratehub.ca told New Home Guide. “Because Canada’s market is more stable than China’s, it has become common in large cities, especially Vancouver, for Chinese nationals to invest.”

The economic downturn in China could a� ect Canadian real estate in a few ways, Richard says. “Because investment in China is uncertain at best, sometimes yielding only losses, Chinese investment in Canadian real estate could increase.

“If these Chinese investments in Canada are short-term, however, that could cause signifi cant corrections if

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 wayne.karl@

ypnexthome.ca or follow him on Twitter at Twitter.com/

WayneKarl

FUNDAMENTALLY SPEAKING

How might foreign economic woes aff ect Canadian real estate?

By Wayne Karl

there is a collective divestment in the future when the Chinese economy turns around.”

It is also possible, Richard says, that Chinese investment in the Canadian housing market will not see much change. “Chinese investors will not likely withdraw investments here right away, as there’s no real alternative back home to supplant their assets. Many investors will also be hurting back in China, not allowing them to further invest overseas. With no funds for new investments, the Canadian market could stay relatively level.”

CMHC Deputy Chief Economist Je� rey Harris told New Home Guide that it is “di� cult to determine the e� ect foreign buyers may be having on the price of housing, as the available information on foreign buyers is largely anecdotal. Immigrant demand for housing should not be confused with sales to foreign residents.”

CMHC’s October 2014 Rental Market Survey included questions on foreign ownership of Canadian condominiums. Specifi cally, property managers were asked to provide information on the total condominium apartment units owned by people whose permanent residence is outside of Canada.

“Foreign condominium investors represent just 1.7 per cent of owners across the eleven centres surveyed,” Harris says. “The CMAs with the highest percentage of foreign investment in condominiums are Toronto at 2.4 per cent, Vancouver at 2.3 per cent and Montreal at 1.5 per cent.”

The CMAs with the smallest percentage of foreign investment in condominiums are Edmonton, Regina and Winnipeg, all at 0.1 per cent, followed by Calgary at 0.2 per cent and Saskatoon at 0.3 per cent. In theory, this could mean these markets are less exposed to risks associated with any divestment by foreign owners.


R E G I S T E R N OW

Thoughtfully crafted collection

of 1, 2 and 3 bedroom condos.

A FA M I LY S TO RY BY P O R T E

R EG I ST E R N OW F O R E XC LU S I V E ACC E SS

PORT E .CA / B R E N T WO O D

CO M I N G T H I S FA L L TO B R E N T WO O D

1 BEDROOMS FROM $298 ,900



Pricing subject to change without notice This is not an offering for sale; sales can be made with a disclosure statement only, E&O.E.

By Yanic Simard

Warm up to FALL

Don’t you just love fall? The air feels cooler, the leaves are changing, and the kids are back in school! You start to notice the changes outside, which means its time to

change up your look inside too!

LayeringIts that time of year where you begin to put layers and layers of clothing on, so why not “layer” your home décor as well? The more you layer, the fuller your home will feel, translating into how warm your place feels. Hardwood or laminate flooring can tend to feel cold, so we generally add an area rug to take away that feeling. Why not laying an area rug on

top of another rug? A cowhide on a five-by-seven-ft. or eight-by-10-ft. rug can look stunning. Layer your bedding in your bedroom, add a throw on top of your duvet, double up on your pillows. You can add level upon level to almost any of your soft furnishings – just be careful not to over do it!

PillowsPillows are one of my personal favourite décor items because they’re so easy to change when you’re ready for something new. If you have a solid, neutral coloured sofa, (which I always like to recommend) you can have as much fun as you want in dressing it up- guilt-free! Experiment as much as you want

DESIGNER ADVICE


with colour. Hot colours this fall include shades of gold, copper, deep purple and burgundy. The colder it gets outdoors, the more time you spend indoors- which means you’ll want to cosy up your sofa as much as possible!

Tip: Cushions covered in velvet or chenille fabric are great for the fall and winter months.

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. Check

out Yanic’s accessory line, Yanic Simard Selected, by visiting

online at ysselected.com

Ready your fireplaceYour fireplace has been collecting dust for about five or six months now, which means it’s that time of year to contact the professional who services it, to make sure it’s safe to light up for those frigid evenings. Don’t forget about getting your chimney swept, you want to be sure everything is in proper working order.

Let it shineThe days are getting shorter and nightfall is creeping sooner. Make the “natural” light last longer with the beauty of candlelight- create ambience and a fresh scent throughout your home.

Outdoor spaceYes, you’ll be spending most of your time inside, but why not make your outdoor space comfortable too so you can enjoy time out there, at least until it gets too chilly to do so? Some of the most comfortable evenings occur at the beginning of this season, because the excessive heat and humidity have now dwindled away. The outdoors is so beautiful with the change of colour – take some time out of your day to take it in. Buy inexpensive cotton blankets and cushions for your patio furniture, and consider purchasing an outdoor rug. If you want the pleasure of being able to enjoy your outdoor space even longer, think about treating yourself an outdoor heater.

Make the “natural” light last longer with the beauty of candlelight - create ambience and a fresh scent throughout your home.


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PRESENTATION CENTRE


BURNABY/NEW WESTMINSTER

NOON–6PM (CLOSED FRIDAYS)

[email protected]

THEBREWERYDISTRICT.CA

604.525.3941

SALES CENTRE

285 NELSON’S COURT

AT SAPPERTON SKYTRAIN STATION

NEW WESTMINSTER

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This is not an offering for sale. One can only be made by way of a disclosure statement. Prices are subject to change without notice. E.&O.E.

1 B E D S F R O M $ 2 6 9 , 9 0 0 2 B E D S F R O M $ 3 6 0 , 9 0 0

ONLY 30 H

OMES REMAIN

T H E L O W E R M A I N L A N D ’ S B E S T V A L U E T H E L O W E R M A I N L A N D ’ S B E S T V A L U E onon T R A N S I T T R A N S I T

About 80 per cent of Canadians are carrying some kind of debt – and given today’s low lending

rate environment, it’s not surprising that the amount of debt we’re taking on is on the rise. The results of the 2015 annual debt poll released recently by BMO and conducted by Pollara show Canadians owe on average $93,000 – up from $76,140 in 2014, and $72,045 in 2013.

While this sounds like a hefty number, particularly compared to just two years ago, Sal Guatieri, senior economist at BMO Capital Markets, notes that it is “good debt” – investment debt that creates value. Topping the list were home purchases, home renovations and education expenses.

“Given the angst about high debt burdens, it’s somewhat comforting to know that Canadians are generally accumulating good debt to fi nance investments in their homes and educations, as opposed to bad debt such as discretionary spending on vacations and entertainment,” says Guatieri.

Lydia McNutt is an award-winning writer and editor of New

Condo Guide. 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. Email Lydia.McNutt@

ypnexthome.ca,and follow her on Twitter@LydiasTweets

HOME SWEET HOME

Canadians taking on more debt, but relax – it’s “good debt”

By Lydia McNutt

Can Canadians handle their debt?Half of Canadians (49 per cent) said buying a home was a major contributor to their debt. Thirty-four per cent said it was the main factor.

Indeed, home sales have been up across the country, with the Canadian Real Estate Association recently reporting a 3.4-per-cent increase in sales in July year-over-year, marking the second-highest July sales stat on record since 2009. Activity stood 12.6 per cent above the 10-year average for July.

Today’s low interest rates have prompted many who have been sitting on the sidelines to jump into home ownership, while those who weren’t able to carry a mortgage at a higher rate can now do so with the hard-to-resist rates o� ered by mortgage lenders today. And therein lies the potential problem.

“Rapidly rising house prices in [Toronto and Vancouver] could encourage some households to take on larger mortgages than they can handle when interest rates rise,” Guatieri says.

Note he said “when,” not “if.”So, what can you do to insulate

yourself from this looming threat? It comes down to common sense. Here are some tips:

» Stress-test your mortgage against a higher rate. If you can’t a� ord an interest rate hike of two or three per cent, then decrease your home-buying budget.

» Don’t spend the maximum you get approved for by your mortgage lender. This will be the top end of your budget.

» Factor your other debts and lifestyle into your budget. You want to live in your house, not live for your house.

Biggest debt contributors by region SOURCE OF DEBT National ATL QC ON MB/SK AB BC

Buying a house 49% 41% 55% 46% 45% 55% 51%

Buying a car 46% 52% 47% 49% 43% 37% 42%

Home renovations 33% 32% 35% 37% 23% 21% 31%

Education 32% 27% 31% 29% 22% 18% 32%

Vacation 28% 28% 27% 32% 17% 14% 33%

Health Care / Drugs 25% 24% 28% 26% 17% 17% 28%

Entertainment 22% 19% 24% 25% 15% 18% 20%

Home electronics 20% 18% 24% 25% 12% 11% 13%

Stocks/investments 15% 10% 16% 20% 8% 9% 13%


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A1. CROWN 520 Como Lake AvePresentation Centre#104 - 522 Clarke Rd604.939.8868

A2. CHARLAND 2102 - 963 Charland Ave604.492.3388

A3. UPTOWN2 bosaproperties.com604.939.2677

A4. HAZEL 827 Roderick Ave604.937.2599

A5. EVERGREEN 251 Clarke Rd(In Uptown2 Sales Centere)604.942.2672

A6. NOVELLA711 Breslay StPresentation Centre #170 - 3355 North Rd (at Cameron St)604.563.5777

B1. ORCHID2455 Wilson Ave.604.866.4206

B2. FREMONT GREEN Fremont Connector604.468.0084

B3. PRIMA #110 - 2255 Wilson Ave604.945.3999

COQUITLAM PORT COQUITLAM

COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS

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Whether you’re renting or buying,fi nding your next home has never been so easy.

startyour search here.

P R O J E C T T Y P E C O N TA C T P R I C E P R O J E C T T Y P E C O N TA C T P R I C E

Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Townhouse (TH)

ABBOTSFORDAbacus Uptown LR 604.309.7155 CallHudson’s Loft 2 LR 604.864.8948 CallLift LR 604.557.1047 CallMahogany at Mill Lake HR 778.255.9990 CallWaterleaf LR 604.850.3694 From $179,900

BURNABY

Aldynne on the Park HR 604.541.9517 CallAltitude HR 604.456.8883 From $239,900Aviara HR 604.291.9130 CallBrentwood HR 604.563.8386 From $299,90CentreBlock at Univercity HR libertyhomes.ca From $239,900Gold House HR goldhouseliving.com Coming SoonMadison LR liveatburnabyheights.com Coming SoonMadison & Dawson LR 604.428.0210 Coming Soon Met 1, The HR 604.899.8800 From $349,800Met 2, The HR 604.899.8800 Coming SoonMidori HR 604.871.4189 Coming SoonMilano HR milanoliving.ca Coming SoonModello HR 604.456.0688 CallNovella MR 604.563.5777 CallOakTerra LR 604.431.6033 CallRedbrick LR 604.527.7955 From Mid $200’sSaxon LR 604-515-7119 Coming SoonSolo District HR 604.298.8800 From Low $300’sStation Square HR 604.438.1113 CallSubora LR 604.807.4353 From $279,900Trio LR 604.218.3338 From $249,900The Park Metrotown HR 604.936.1888 From $340,900Solo District HR 604.298.8800 From Low $300’sWall Centre Central Park HR 604.874.9232 From $299,000

COQUITLAM1123 Westwood HR 604.472.1123 CallAustin HR 604.931.0302 From Low $200’sBloom LR/TH 604.939.8808 From $249,900Bradley House LR 604.942.8416Brookmere HR 604.259.5991 Coming SoonCharland LR 604.492.3388 CallCrown HR 604.939.8868 From $280,000Evergreen HR 604.942.2672 From $284,900Grand Central 3 HR 604.617.5570 CallHazel LR 604.937.2599 From $220,900Mackin Park LR 604.939.8874 From $234,900The Windsor HR 604.941.8305 From $360,900Uptown2 HR 604.939.2677 From $278,900

NORTH DELTADelta Rise HR 604.594.7473 From $189,000Muse LR Liveatmuse.com Coming Soon

LANGLEYAthenry Gate LR 604.882.8857 From $137,500Cornerstone LR 604.534.6000 CallElements LR 604.533.7718 From $159,900Focal Point LR 604.377.7000 Coming SoonKensington LR 604.427.3311 From $199,900Murrayville House LR 778.808.6563 CallVarsity LR 604.539.2200 From $139,900Yorkson Creek LR yorksoncreek.com From $179,900

MAPLE RIDGE223 North LR 604.463.0588 From $174,900Meadows Pointe LR 604.807.2423 From $189,900Signature at Falcon Centre LR 604.477.1500 CallParc Vue LR 604.467.8884 CallReflections LR 604.467.0692 CallRivers Edge LR 604.453.9278 From $157,900Station One LR 778.878.1347 From $164,900Wellington Station LR 604.380.0300 From $189,900

NEW WESTMINSTER The Sapperton at Brewery District HR 604.525.3941 From $229,900Duo at Port Royal LR 604.520.9890 From $218,900Elliot St HR 604.524.8080 CallGlass House Lofts LR 604.520.9890 CallGrove, The LR 604.523.0733 CallLookout at Victoria Hill, The LR 605.523.0733 CallNorthbank HR 604.523.0081 From $270,900Parkside at Victoria Hill HR 604.523.0733 CallPortage MR 778.398.1344 CallRiverSky HR 604.523.0733 From $289,900The Royal at Victoria HIll LR 604.523. 0733 Coming SoonTrapp & Holbrook HR 604.525.0223 From $299,900

NORTH VANCOUVER221 East 3rd LR Coming Soonx61 LR/TH 604.971.3181 CallAnchor, The HR 604.988.8800 From $379,900Atrium at the Pier MR/TH 604.983.9065 CallAve Boutique Res., The LR 778.985.4676 CallCapstone MR 604.929.8870 CallCates Landing LR/TH 604.929.5746 CallCentreView HR 604.988.8540 Call

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Destiny 2 MR 604.929.1915 From $259,900Cates Landing LR/TH 604.871.4126 CallHeywood on the Park LR 604.985.0003 CallLocal on Lonsdale HR/LR/TH 604.998.0219 CallMaplewood Place 604.971.5030 CallMaplewood North LR 604.727.1594 From $378,900Northlands LR 604.800.2120 From $244,900Pinnacle Residences at the Pier MR 604.983.9065 CallTatlow LR [email protected] Coming SoonThe Drive 1177 LR 604.986.8138 CallThe Residences at Lynn Valley MR lynnvalleyresidences.com Coming SoonTrophy at the Pier MR 604.983.9065 CallSeylynn Vilage HR 604.980,5000 From Low $300’sShore, The MR 604.980.0016 From Low $200’sWest Quay MR 604.988.8858 From $459,900

PITT MEADOWSCedar Downs LR 778.846.3200 CallLiv42 LR 604.460.6601 From $134,900

PORT COQUITLAM Altura LR 604.552.5887 From $158,900Amanti on Welcher LR 604.657.9288 CallCarmandy LR 604.435.9477 From $209,900Fremont Green LR 604.349.9245 CallLa Via LR 604.475.5100 From $169,900Orchid LR 604.866.4206 From $159,900Prima Residences LR 604.945.3999 CallShaughnessy, The HR 604.468.8252 CallSouth Verde LR 604.468.8252 CallSpring on Kelly LR 778.809.3488 From $215,900Valorie on the Park LR 604.464.4764 From $246,900

PORT MOODYStation, The HR 604.492.3338 Call

RICHMONDAlexandra Court LR 604.278.5809 CallAlfa HR 604.276.2532 CallAvanti LR/HR 604.276.9186 CallCamber LR/HR 604.276.0677 CallCadence HR 604.276.868 Call Concord Gardens HR 604.233.7748 From $300,000’sElle HR 604.273.1313 From Low $300’s Gardens, The LR 604.271.3331 From $384,900Mandarin Walk LR/TH 604.278.0808 CallMonet HR 604.233.7748 From $300,000’s

Opal at Richmond Centre HR 604.303.7575 From $464,900Ora HR 604.278.8838 CallOrchid by Beedie HR [email protected] Coming SoonOxford Lane TH oxfordlane.ca 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 CallRiva MR 604.278.8825 CallRiver Green MR 604.233.2633 CallRiver Inlet MR/TH 604.233.2633 CallSaffron LR 604.270.2482 CallTempo HR 604.276.8885 Call

SQUAMISH / WHISTLERAqua TH/LR 1.877.344.5566 From $239,000Elaho TH 604.898.2232 Coming SoonUniversity Heights LR 1.888.852.7575 Call

SURREY3 Civic Plaza HR 604.957.3331 CallAscend LR 604.596.2202 From $170’sBalance LR tiensher.com Coming SoonChroma LR 604.581.5399 From $169,900Connect LR 778.395.1886 From $118,800Esplanade at Waterstone LR 604.530.5399 From $219,900G3 Residences HR 604.453.6688 Call Evolve HR 604.497.0102 Call Joy TH 778.564.1875 CallManarola LR 604.800.9255 From $189,900Park Ave West HR 604.583.9866 From $250,000Park Central LR 604.817.5852 From $289,900Prime HR liveprime.ca Coming SoonPrime on Plaza HR 604.498.3888 CallQuattro LR 604.581.8000 From $159,900Ridge at Bose Farms LR 604.888.514 From $174,900University District HR 604.588.5795 From $221,900Verve LR 604.588.3783 From $160’sWave HR 604.951.9283 From $279,900Wynd HR 604.951.9283 From $199,900

CLOVERDALEGrove, The LR 604.523.0733 From $279,900One92 LR 604.576.1772 From $199,900

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]




VANCOUVER & AREA

DOWNTOWN188 Keefer LR 604.620.2018 CallAddition HR 604.620.6692 From $349,900Burrard Place HR burrardplace.ca Coming SoonThe Charleson HR 604.689.8535 CallEventide LR 604.783.1044 Call Fairmont Pacific Rim Estates HR 604.781.4303 CallKeefer Block LR 604.682.8813 From $269,900Mark, The HR 604.687.4353 CallPrivate Residences at Hotel Georgia, The HR 604.682.8107 CallTate Downtown HR 604.568.8283 From $399,900Trump International Hotel and Tower® Vancouver HR 604.568.7888 CallVancouver House HR 604.893.8958 Call

EAST SIDE188 Keefer HR 604.893.1736 Call238 W Broadway LR 238westbroadway.ca CallBohème LR 604.569.3388 From $227,900Bold on Fraser LR 604.264.6707 CallEast Park LR/CH 604.879.3257 CallEvan MR 604.872.0331 From $269,900Paragon LR 604.688.5566 Coming SoonGem, The LR liveatthegem.com Coming SoonKensington Gardens MR 604.620.7886 Call Local LR 604.688.5527 From $349,900Main Street LR 604.877.1116 From $339,900Oxford, The LR 604.779.0091 From Low $200s Paragon MR 604.688.5566 Coming SoonOne Town Centre at River District HR 604.879.8830 $299,900Two Town Centre at River District LR 604.879.8830 $299,900Rhythm MR 604.437.5315 From $304,900Skyway HR 604.436.1100 CallView338 LR 604.303.8838 From $219,900Vya MR 604.559.1070 From $239,999Wall Centre Central Park HR 604.874.9232 From $299,900Wohlsein MR 604.558.0899 From $529,900

WEST SIDE1555 West Eighth LR/MR 604.828.3998 Coming Soon35 Park West LR 604.563.8336 Call41 West MR 604.563.8336 Call6th & Yukon LR cressey.ca Coming Soon99 West MR 604.620.8600 From $528,800Aperture LR/TH 604.345.9000 CallArbutus Ridge MR 604.738.0001 CallBennington House TH/LR 604.558.1907 From high $300’sBinning Tower HR 604.646.1111 From $499,900Block 100 HR 604.682.8801 CallBoulevard Private Residences LR 604.685.5778 From $367,400Cambie Star MR 604.876.9222 CallCanvas MR 604.875.8508 CallCentral HR 604.662.3373 CallCitti MR 604.880.6880 CallThe Creek Voda HR thecreekbyconcert.com Coming SoonEmpire at QE Park MR/TH 604.687.8800 Call

Granville at 70th HR 604.687.2298 Call Kerrisdale Gardens MR 604.559.9848 From $540,900Livingstone House LR 604.998.8988 From $639,900MC2 HR 604.638.9998 CallMeccanica HR 604.876.8819 From $394,900Parc 26 MR/TH 604.336.6380 CallMidtown LR 604.563.3330 CallMonarch MR/TH 604.568.6883 From $444,900Northwest HR 604.325.5151 CallParc Elise MR/TH 604.336.6380 CallPark&Metro LR 604.325.8111 CallPinnacle Living Broadway MR 604.739.2080 CallPinnacle Living False Creek MR 604.874.8368 CallProdigy MR 604.221.8878 From high $300sOne Town Centre at River District HR 604.879.8830 Now PreviewingTwo Town Centre at River District LR 604.879.8830 Coming SoonShannon Wall Centre Kerrisdale LR 604.267.8882 CallSota HR 604.671.1025 From 2.5 millionThe Ivy LR 604.566.5888 Coming SoonThe Laureates HR 604.221.4450 CallThe One HR 604.874.8368 CallThe Spot MR 604.568.6886 From $269,900Tower Green at West HR 604.707.9378 From $319,000The Village on False Creek HR 604.733.2010 From $390,500W10th & Maple MR/TH 604.739.2080 Call

TSAWWASSEN

Brio LR 604.943.8811 CallCityhomes LR 604.948.2345 CallTsawwassen Springs SF/LR 604.948.HOME 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

Adagio LR 604.531.6659 From $288,900Avra HR 604.531.9030 From $319,900Beverley MR cressey.com Coming SoonEdgewater LR 604.818.5603 From $339,900Elgin House LR 604.541.8092 CallGemini LR 604.536.1663 CallHeights, The LR 778.545.8737 From $364,900Newport at West Beach LR 604.536.0256 From $289,900 Royce LR 604.538.8028 CallSaltaire LR 605.560.1656 Call Sausalito LR 604.538.3237 CallSouth Point Walk LR 604.560.3238 From $230’s

New homes available throughoutMetro Vancouver & Calgarywww.macmarketingsolutions.com

We sell the homes you want to buy.

/MacMarketingSolutions @MAC_Marketing /MACMSTube

LOUGHEEDWIL L INGDON

INTRODUCING BRENTWOOD THREE.MORE AMAZING HOMES. SAME FUNDAMENTAL VALUES.

SOLD OUT

SOLD OUT

THEAMAZINGBRENTWOOD.COM 604.563.8386 4567 LOUGHEED HIGHWAY, BURNABY (BRENTWOOD MALL). OPEN DAILY12-5PM

BRENTWOOD THREEPREVIEWING SEPT 26

BRENTWOOD ONESOLD OUT

BRENTWOOD TWOSOLD OUT

We sold out towers BRENTWOOD ONE & TWO! Now we’re bringing you BRENTWOOD THREE to continue giving homeowners unprecedented value in 8 AMAZING WAYS:

3 NEW SHOW HOMES PREVIEWING SEPT. 26TH – REGISTER TODAY

THE VIS ION:A 28-acre master-plan with everything you need

SHOPPING & DINING: 250+ shops & restaurants downstairs

VERIF IED VALUE:Get unprecedented long-term investment value

ENDLESS VIEWS:From every home in all directions

HOMES& AMENIT IES: The best home design and over 20,000 sq.ft. of extras

SERVICE & SECURITY: 24 hours a day, everyday

ARTS, CULTURE & ENTERTAINMENT:In the one-acre central event plaza

TRANSIT AT YOUR DOOR:Seamlessly integrated on-site and at your door

RENDERINGS ARE REPRESENTATIONAL ONLY. PRICES SUBJECT TO CHANGE WITHOUT NOTICE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. THIS IS NOT AN OFFERING FOR SALE. E.&O.E.

Date post:	23-Jul-2016
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BC New Condo Guide - Sept 4, 2015

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