The Langley Times • Friday, January 28, 2011 • 1 real estate review Dan tenBrink 604.466.2838 www.dantenbrink.com each office independently owned and operated Ridge Meadows Realty Build your dream home at Golden Ears Estates, an exclusive cul-de-sac of five 1 acre lots in beautiful Fort Langley. Spectacular mountain views and lots of privacy. 5 1 acre lots in an exclusive cul-de-sac • Spectacular mountain view • On municipal water/Septic fields • required Design guides available upon request. • Starting at $589,900 • GOLDEN EARS ESTATES OPEN HOUSE SATURDAY, JANUARY 29 th FROM 1-4 8125 232 nd Street, Langley *Visit Discovery Centre for details. is is not an offering for sale. Any such offering may only be made with a disclosure statement. e developer reserves the right to make changes without notice. E.&O.E. we are home owners Home ownership wasn’t something we’d considered until Cornerstone came along. One look at the showhome (nice) and a conversation with their mortgage-savvy sales team, and we were sold. We walked in on a whim, thinking, “ere’s no way we can afford this”, and walked out on top of the world. Our folks agree — Cornerstone is a smart decision. Marcon has a great reputation; they’ve been around as long as we’ve been alive. And the best part is we can still afford to go on vacation! 1 & 2 BEDROOM HOMES FROM $687/MONTH* See our showhome at cornerstoneliving.ca or at 5655 - 210A St, Langley, Saturday to ursday, 12-5. Call 604.534.6000. $284,900 Recently Updated Immaculate 1360 SF 3 bdrm, 2 bath Close to Everything! #14-26970 32 Ave. Townhouse .23 Hectare Crown Lease Land Private Retreat with Lake and Road Access, Cabin and Large workshop. On Stave Lake! $159,000 Recreational Property Recreational Property Recreational 6049 - 180A Ave $509,900 3 bedrooms, Renovated, on quiet cul-de-sac Cloverdale Rancher Just Listed $469,000 1020 SF 2 Bdrm Rancher Excellent Holding Property Currently Tenanted = Income! Fully Fenced 10,000+ SF Lot Workshop + tons of parking 12128 - 228th St. Maple Ridge ® www.searchabbotsfordhomes.com Little Oak Realty Each office independently owned and operated #9 2830 Bourquin W., Abbotsford, BC • Toll Free: 1.800.668.8661 Al Matis 604.751.4700 Richard Riemersma 604.309.8541 Ray Veenbaas 1.800-668.8661 Have Buyers ~ We Need Listings The Strength of Teamwork The Reputation of Success! Deal Collapsed Deal Collapsed Back on Market Back on Market
Transcript
The Langley Times • Friday, January 28, 2011 • 1
real estatereview
Dan tenBrink604.466.2838
www.dantenbrink.com
each offi ce independently owned and operated
Ridge Meadows Realty
Build your dream home at Golden Ears Estates, an exclusive cul-de-sac of fi ve 1 acre lots in beautiful Fort Langley. Spectacular mountain views and lots of privacy.
5 1 acre lots in an exclusive cul-de-sac• Spectacular mountain view• On municipal water/Septic fi elds • requiredDesign guides available upon request.• Starting at $589,900•
GOLDEN EARS ESTATES
OPEN HOUSE SATURDAY, JANUARY 29th FROM 1-4
8125 232nd Street, Langley
*Visit Discovery Centre for details. 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 without notice. E.&O.E.
we are home owners
Home ownership wasn’t something we’d considered until Cornerstone came along. One look at the showhome (nice) and a conversation with their mortgage-savvy sales team, and we were sold. We walked in on a whim, thinking, “There’s no way we can afford this”, and walked out on top of the world.
Our folks agree — Cornerstone is a smart decision. Marcon has a great reputation; they’ve been around as long as we’ve been alive.
And the best part is we can still afford to go on vacation!
1 & 2 BEDROOM HOMES FROM $687/MONTH* See our showhome at cornerstoneliving.ca or at 5655 - 210A St, Langley, Saturday to Thursday, 12-5. Call 604.534.6000.
$284,900Recently Updated
Immaculate 1360 SF 3 bdrm, 2 bath Close to Everything!
#14-26970 32 Ave.
Townhouse
.23 Hectare Crown Lease LandPrivate Retreat with Lake and RoadAccess, Cabin and Large workshop.
On Stave Lake! $159,000Recreational PropertyRecreational Property
Recreational
6049 - 180A Ave$509,900
3 bedrooms, Renovated,on quiet cul-de-sac
Cloverdale Rancher
Just Listed $469,000
1020 SF 2 Bdrm RancherExcellent Holding Property
Currently Tenanted = Income!Fully Fenced 10,000+ SF LotWorkshop + tons of parking
12128 - 228th St.
Maple Ridge
® www.searchabbotsfordhomes.comLittle Oak Realty Each offi ce independently owned and operated
#9 2830 Bourquin W., Abbotsford, BC • Toll Free: 1.800.668.8661
Al Matis
604.751.4700Richard Riemersma
604.309.8541Ray Veenbaas
1.800-668.8661Have Buyers ~ We Need Listings
The Strength of TeamworkThe Reputation ofSuccess!
Deal CollapsedDeal Collapsed
Back on MarketBack on Market
2 • The Langley Times • Friday, January 28, 2011
The Langley Times • Friday, January 28, 2011 • 3
Bob Mills 25+ Years Experience 1500+ Lifetime Sales
778.320.1365 www.SellNSave.ca
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IT SOLD?
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BROOKSWOOD RANCHER
NEW LISTING WALNUT GROVE
7200 SQ FT TREED LOT
INVESTORS FORECLOSURES
& Pre foreclosures
WILLOUGHBY 4 BED 3 BATH
Medallion Member
Handyman special 1800 sq ft need a lot of work but priced to sell @ $439,900. Room for suite down
1% As low as
4 bdrm 2 bth Great Rm, dark, maple kitchen large granite island, hardwood floors 60 x120 lot covered patio, interlocking brick walkways & patio, stor-age shed, totally private
$289,900 desirable Highland Ridge. within walking distance to shops, schools,
bus, parks, rec center/pool, library Great layout with patio & 3 bedrooms, 2 baths, bright kitchen, 2 car garage
The right time to find a good deal is BE-FORE everyone else. So if you are looking for that “good” deal, give us a call & we can add you to our list
End unit cozy fireplace, open concept granite countertops & SS appli-ances. Big deck ,double garage 4 yrs old
Let me show you how you can save thousands with my proven program
Listings Wanted... Call Verne 604-857-1100
Verne StelVerne Stel604-857-1100
REMAX ALDERCENTER REALTY
26641 FRASER HWY,ALDERGROVE
On the market for the 1st time this one of a kind hobby farm has it all for the do it yourselfer. From vegetable gardens, and built in watering systems to detached shops and tons of room for storage. It includes all the space you need to park all that you have, plus a beautifully updated 3700 square ft rancher. You will love the tiled fl oor and huge galley kitchen with walk in pantry just to mention a few things. Call today to see all this one has to offer.
This is a great rancher for the whole family with a walkout daylight basement and wheel-chair access on over a 1/4 acre. Lots of room here with 4 bedrooms, 2 baths, a games room and a family room. You will love the hardwood and tile fl oors and the oak kitchen with a built in pantry. Plus a new furnace, recent hot water tank, and it is approved for an in-home daycare.
Picture perfect family home in Walnut Grove. This beautiful and meticulously cared for 2 storey home is ideal for the fi rst time home buyer with 3 well appointed bedrooms and 2 1/2 baths, it has all you need. Close to great schools, shopping, and rec centres this is the place to raise a family. Call Verne for your appointment today at 604-857-1100.
IMPRESSIVE RANCHER WITH TONS OF ROOM!12575 62 AVENUE - $699,000
EAST ABBOTSFORD - RANCHER WITH WALKOUT BASEMENT.34597 Donlyn Avenue - $419,000
WALNUT GROVE - HUGE PRICE ADJUSTMENT! -
20367 89 AVENUE, WALNUT GROVE - $455,000
SOLD
Call Verne Stel today to book your showing at 604-857-1100
4 • The Langley Times • Friday, January 28, 2011
The Langley Times • Friday, January 28, 2011 • 5
JANUARY 27/2011
TRICIA LESLIE
Sandy beaches, stunning sunsets and fair weather.
It can be hard to fi nd a new home in the seaside city of White Rock, where the beaches and views are just some of the advantages of living in such a vibrant, close-knit community.
With a population of 18,250, the oceanside city’s property values have “steadily increased due to White Rock’s attractive setting and amenities,” ac-cording to the city’s website.
But one new home development gives homebuyers the chance to own a new condominium home with a White Rock address and enviable views for reasonable prices: Regency Court.
“We are the only new woodframe construction in White Rock,” notes real estate agent Stewart Peddemors.
Featuring four-storey lowrise wood-frame construction, the stylish homes are designed with creative, open fl oor-plans that maximize the living space in every unit.
Located on Roper Avenue between Merklin and Best streets, the chic col-
lection of condos off ers a central loca-tion right in the heart of White Rock.
And the developer of the new homes lives right in the neighbourhood.
TMC Development, a company that has built and sold more than 1,200 homes in B.C. over the past 33 years, is building Regency Court.
TMC’s owner is a master European builder who lives with his wife and
…Take a look at the taxes, fi rst. “If (government) is serious about reducing the consumer debt, they
should look at mitigating the tax load that all levels of government place on new homes.”…[3] If the government really wants to re-
duce Canadian consumer debt, it should look at reducing the tax load on new homes.
Greater Vancouver Home Builders’ Association president and CEO Peter Simpson says it would be a good idea for government to review new-home taxes, aft er Finance Minister Jim Flaherty introduced more new lending rules on Canadian mortgages last week – the third time he has done so in three years.
Simpson notes a 2009 Canada Mort-gage and Housing Corporation study con-ducted before the HST was introduced shows purchasers in a Metro Vancouver municipality pay the highest percentage
of government-imposed charges on a median-priced home.
An example in the CMHC study high-lights that a $567,207 new home in Surrey means the homeowner pays $108,050 in
continued on page 3
continued on page 3
New lending rules prompt questions on new-home tax
Sunset views in new White Rock homes
TMC Development’s Regency Court offers new homes in White Rock, a city that boasts a close-knit, seaside lifestyle. Martin Knowles
and Brian Giebelhaus photos
L iving in White Rock means more than just purchasing a home
here. It’s about buying into a coveted seaside community that celebrates its unique, vil-lage-like fl avour in a dynamic, yet close-knit way. It’s about being part of a place where you belong. And the beaches and views? Beautiful bonuses.
• Riobel Faucets• Electric Fireplace• Air Conditioning
Starting at $279,000including net HST
15389 Roper Ave., White Rock
Just completed... only 21 available!
Luxury Living in the Heart of White RockRegency CourtRegency Court
6 • The Langley Times • Friday, January 28, 2011
A PRICEYOU CANLIVE WITH
Perched on a sun drenched hillside within
The Foothills neighbourhood in Coquitlam,
you’ll find Tyneridge. Spacious three and
four bedroom townhomes designed with
young families in mind. Priced from $389,900.
For information call 604.871.4126
or visit polyhomes.com
Polygon Tyneridge Homes North Ltd.Polygon Tyneridge Homes South Ltd.*Ask sales staff for details.
$999*COQUITLAM TOWNHOME
FROM
PERMONTH
OPENS
SATURDAY
The Langley Times • Friday, January 28, 2011 • 7
family within walking distance of the new homes.
Comprised of a total of 56 units, the de-velopment is built to last with Hardie Plank siding and brick, gas-fi red common hot water and double-glazed, energy-saving vinyl windows.
Inside, designer-chosen hardwood fl oors grace main living areas, while designer
textured premium nylon carpet is in the bedrooms.
All windows have horizontal blinds and European-style base-boards are featured throughout. Bedrooms come with an air condi-
tioning unit, and main living areas and kitchens have crown mouldings.Kitchens and bathrooms both boast
granite countertops and Riobel faucets; kitchens also feature stainless steel appli-ances.
Spacious balconies complement each home as well.
“Every unit has a balcony,” says Pedde-mors.
Th e homes are attracting fi rst-time home-buyers to those making their last buy, “and everything in between,” he adds.
Regency Court residents all have access to amenity space that includes a meeting room, an entertainment lounge, a guest suite, an electric bike/scooter room and storage lockers.
And that’s only inside. Outside, White Rock beckons with leisure activities start-ing with exploring the 1,500-foot-long pier and the 2.5-kilometre beach promenade that
connects East and West Beach. Lined with boutique shops, cafes, restaurants and other businesses, the Marine Drive ‘strip’ is always popular.
Th ere are also ample opportunities for golfi ng, swimming, kayaking, windsurfi ng, crab fi shing, beach combing, hiking, sailing, team sports or simply, strolling the local parks and trails.
“If you want the security of a new building with all the warranties in a great neighbour-hood, defi nitely come by and check it out,” Peddemors says. “It’s well worth the visit.”
Many Regency Court homes have been sold, but the remaining homes start from $279,000 and some ocean views are still available. Visit www.regencycourt.net.
taxes, fees and levies (and that’s GST only) – 19.05 per cent of the total sale price of the home.
Vaughan, Ont. came in second at 18.86 per cent, while the lowest in the country was Whitehorse, Yukon at 4.7 per cent.
“If (government) is serious about reduc-ing the consumer debt load, they should look at mitigating the tax load that all levels of government – federal, provincial, regional and municipal – place on new
homes,” says Simpson.“People should live
within their means. First-time homebuyers should buy what they can aff ord and existing homeowners should be responsible when dip-ping into their home eq-uity for other purchases,”
he says, and adds the new rules will prob-ably have a greater impact in this region than anywhere else in Canada, as “we have the country’s highest home prices.”
In fact, home prices reached a record-high of $505,178 for an average home in B.C. in 2010, according to the B.C. Real Estate Association.
Th e new lending rules will come into eff ect March 18. Th ey are:
Mortgage amortization periods will be reduced from 35 to 30 years.
Th e maximum amount Canadians can borrow to refi nance their mortgages will be lowered from 90 per cent to 80 per cent of the value of their home.
Th e government will withdraw its insur-ance backing on lines of credit secured on homes, such as home equity lines of credit.
Th e new rules are intended to ensure Ca-nadians don’t slip into unmanageable debt.
Simpson is pleased the new regulations don’t aff ect the down payment threshold on homes or current historically low mortgage rates, but emphasizes gov-ernment-imposed fees are already extreme, and that fi rst-time buyers will likely be the most aff ected.
“Th ere’s at least four fi ngers in the tax pie and only one taxpayer,” he says. “My biggest piece of advice to homebuyers would be to go to a lending institution to get pre-approved for a mort-gage and then look at homes in that price range, comfortable in the fact that they will be able to aff ord them.”
He notes the GVHBA is hosting its 17th annual First-Time Home Buyers Seminar on March 22, an event featuring a wealth of homebuying and mortgage information that typically attracts up to 850 prospective homebuyers (register at www.gvhba.org).
Local mortgage broker Jamie Moi agrees that fi rst-time homebuyers will likely be the most aff ected by the new rules, and urges potential purchasers to get their applica-tions for fi nancing to a lender – now.
For example, Moi says, a young couple with a combined income of $100,000 and about $30,000 of debt who have saved $25,000 toward a home could increase their purchasing power by $25,000 if they place an off er on a home before March 18.
Sales Director: Lisa Farquharson • 604-575-5364 • lisaf@bcclassifi ed.comEditor: Tricia Leslie • 604-575-5346 • [email protected]: Maggie Calloway • [email protected] Advertising Sales: Black Press National Sales • Helen Koch • 604-575-5811 • [email protected] Advertising: Black Press National Sales • Scott Elliott • 604-575-5826 • [email protected]: Brad Smith • [email protected]
New Local Home is published once a week by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9)
350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.
First-timers: get on the house hunt
‘‘There’s at least four fi ngers in the tax pie and only one taxpayer.”
HOMEHUNTING
Regency Court offers brand-new homes with stunning views and spacious balconies in an exceptional White Rock location. Martin Knowles photos
…off the front: “If you want the security of a new building with all the warranties in a great neighbourhood, defi nitely come by and check (Regency Court) out. It’s well worth the visit.”Stewart Peddemors, White Rock real estate professional
continued from page 1
continued from page 1
Peter Simpson
counter culture: granite still reigns
8 • The Langley Times • Friday, January 28, 2011
The Langley Times • Friday, January 28, 2011 • 9
Your final opportunity to own in ParkLane’s award-winning community of Bedford Landing. Spacious 1 bed + nook to 2 bed + den homes ranging from 650 – 1,050 square feet located directly on the waterfront in historic Fort Langley.
Sales Centre 9275 Glover Road, Fort Langley | 604.888.2793This is not an offering for sale. E.&O.E.
10 • The Langley Times • Friday, January 28, 2011
ONLY 4 HOMES LEFT!
SINGLE FAMILY HOMES
23716 111A Ave.,Maple Ridge
604 466 5723Sales Offi ce Open
Saturday - Th ursday12pm - 5 pm
FALCON
HILL
www.falconhill.ca
VISIT OUR NEW SALES OFFICE
23716 111A Ave.,Maple Ridge
$5000 CASH BACKOn 3 Remaining
GREENBELT HOMES(Call for details)
The new familyhome your children
will always remember!HOMES READY FORHOMES READY FOR
MOVE IN NOW!!!MOVE IN NOW!!!
2 storeys plus unfi nished basement
$549,900StartingFrom
Includes ALL TAXES!!
The Langley Times • Friday, January 28, 2011 • 11
purchase your new home this january and morningstar
GET DIRECTIONS AT MorningStarHomes.bc.ca*LIMITIED TIME OFFER. SOME CONDITIONNS APPLY. THE DEVELOPER RESERVES THE RIGHT TO CHANGE OR MODIFY THE OFFER WITHOUT PRIOR NOTICE. E.&O.E.
12 • The Langley Times • Friday, January 28, 2011
WHY RENT WHEN YOUCAN OWN?
UNIT STYLE SIZE PRICE RENT OWN* SAVINGS
$187
$212
$225
$169
*Based 20% down payment, 5yr fixed mortgage at 3.65%, 30 year amortization period. OAC. Taxes & strata not included.
This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E. & O.E.
LANGLEY
MOVE IN EARLY 2011
Call us today and get a sneak peek at our new on-site display home coming soon!
* Prices and Incentives are subject to change or be withdrawn without notice.
For complete details please contacts sales staff. E&O.E.
TO VANCOUVER TO ABBOTSFORD
Premium Luxury is Standard
Graceful 9' ceilings on the main fl oor
Sleek stainless steel appliance package
Close to amenities and easy highway access
Oversized verandas & patios for entertaining
Expansive windows that maximize the natural light
Guest powder room on the main fl oor
Elegant exotic Teak or Wenge wide plank fl oor
Designer selected granite countertops
NOW SELLINGLocated at 8250-209B Street, Langley
604.888.8778 OUTLOOKLIVING.COM
Parkside TownhomesSTARTING FROM THE LOW
$300’s*Inclusive of Net HST
PHASE 1
SOLD OUT
PHASE 2
NOW SELLING!
The Langley Times • Friday, January 28, 2011 • 13
GREAT FOR SENIORSThis 2 bdrm unit has it all, nobody above or beside. Large working kitchen with newer appliances and large storage room. Lovely bright living and dining rooms. Master bdrm has a walk-in closet and cheater bathroom - shower and sink separated from toilet and sink. Both bdrms have sliding doors to balcony overlooking green space. Low maintenance fees. Bldg rebuilt in 2003. Gated, underground parking. Close to senior’s centre.
For further info call:
Stephanie Ohirko 604-421-7275at Park Georgia Realty
Saturday & SundayJan. 29 & 30 - 1-4 pm
#210 - 20454 53rd Ave. Langley
OPEN HOUSEOPEN HOUSE
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wL A N G L E Y A L D E R G R O V EA L D E R G R O V E
Find your Dream Home in the
Langley Times Real Estate
Review. Publishing every
Friday in your Langley Times.
210 - 20454 53rd Ave., Langley 2 bedroom unit has it all. Large kitchen with newer appliances and large storage room. Bright living
and dining rooms. Master has walk-in closet and cheater bathroom. Balcony overlooking green space. Low maintenance fees. Bldg. rebuilt in 2003. Close to senior's centre.
Stephanie Ohirko 604-421-7275Park Georgia Realty
real estate wreviewe L A N G L E Y A L D E R G R O V E
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Th L gley Times – your #1 Choice for Real Estate Advertising!OPEN HOUSES THIS WEEKOPEN HOUSES THIS WEEK
Real Estate ReviewEvery Friday in your Langley Times
Call Delaina MacDonald to book your ad 604-514-6761
8125 232nd Street, Langley • Starting at $589.900Golden Ears Estates. Build your dream home in an exclusive cul-de-sac of fi ve 1 acre lots in Fort
Langley. Spectacular views and privacy. Municipal water/septic fi els required. Design guides available.
Dan tenBrink 604-466-2838ReMax Ridge Meadows Realty
