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A Wall2Wall Publication
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Jan 25 - Feb 8, 2013 Volume 21 Issue 02
inside this issue
Q&A WITH GVHBA’SBOB DE WIT
SHOWHOME REVIEW:CARTE BLANCHE IN COQUITLAM
NOT ALL LINES OF CREDITARE CREATED EQUAL
BUILDING BETTER HOMESFrom deliberating every detail and making the most of every inch to creating beautiful
street appeal, our obsession with design is evident in each home we build.
*Please ask us for details. Prices are subject to change. E.&O.E.
WESTSIDE, VANCOUVER
604.877.1722
WEST COQUITLAM
604.936.9300
PORT COQUITLAM
604.469.8988
BURKE MOUNTAIN, COQUITLAM
604.468.7688
BURKE MOUNTAIN, COQUITLAM
604.552.1402
METROTOWN, BURNABY
604.435.5565
ELIZABETHDOORS NOW OPEN
EMERSONAVAILABLE SAT, FEB 2
RILEYFROM $349,900*
METROFINAL 3 HOMES
DOMINIONFIRST TIMERS – SAVE $10K*
ROXTONDOORS NOW OPEN
See the design-driven di� erence.
Visit a MOSAIC Home Store or
mosaichomes.com
BUILDING BETTER HOMESFrom deliberating every detail and making the most of every inch to creating beautiful
street appeal, our obsession with design is evident in each home we build.
*Please ask us for details. Prices are subject to change. E.&O.E.
WESTSIDE, VANCOUVER
604.877.1722
WEST COQUITLAM
604.936.9300
PORT COQUITLAM
604.469.8988
BURKE MOUNTAIN, COQUITLAM
604.468.7688
BURKE MOUNTAIN, COQUITLAM
604.552.1402
METROTOWN, BURNABY
604.435.5565
ELIZABETHDOORS NOW OPEN
EMERSONAVAILABLE SAT, FEB 2
RILEYFROM $349,900*
METROFINAL 3 HOMES
DOMINIONFIRST TIMERS – SAVE $10K*
ROXTONDOORS NOW OPEN
See the design-driven di� erence.
Visit a MOSAIC Home Store or
mosaichomes.com
FROM $690’SOPEN DAILY (except Friday) Noon to 5pm7797-170 Street, Surrey
FRASER HWY
170 ST
78A AVE
SURREY GOLF COURSE
168A ST78 AVE
168 ST
1A
Lougheed Hwy
Trans Canada Hwy
David Ave
Coast M
eridian R
d
COQUITLAMCENTRE
1
Co
ast Merid
ian Rd
King
ston St
Fifeshire St
Galloway Ave
David Ave
PHASE 3 NOW SELLINGFROM LOW $700’SOPEN DAILY Noon to 5pm3479 Galloway Avenue, Coquitlam
SHOW HOME OPENFROM $830’SOPEN DAILY Noon to 5pm16092-28A Avenue, Surrey
GOLF
COURSE VIEWS
NEW
SHOW HOMES
EXCLUSIVE
LOCATION
SALES TAX REDUCTION IS HERE NOW! NO NEED TO WAIT UNTIL APRIL 1, 2013
VISIT OUR WEBSITE AT: foxridgeliving.casingle family homes
4 metro vancouver new home guide | jan 25 - feb 8, 2013
jan 25 - feb 8, 2013 | metro vancouver new home guide 5
wbhomes.caSales Centres open: 12 - 5pm
(except Fridays)
Get MORe fROM yOuR new hOMe.What does “MoRe” Mean to you?More means improved livable spaces with personalized options. More means flexible floor plans, modern features, and high quality finishes.
More means vibrant, desirable locations with green spaces to enjoy the outdoors. More means innovative architecture, and more choices for today’s homeowner.
When you want to experience more in a new home, you’ll find it with Woodbridge.
CENTRAL LOCATION
Limited number of “Master on Main”townhomes also available!
2, 3 & 4 Bedroom Georgian Townhomesin the heart of Grandview Heights
$359,900 AbbeyRoadLiving.com
ON NOW: Our New Year
Buyer’s Programvisit us for further details!
2469 164th St, Surrey
CALL 604.542.0660QUALITY
HOMES
BUILT BY
PRICED FROM
Courtesy to Agents. This is not an offering for sale. Any such offering must be made with a disclosure statement. Renderings are an artist’s rendition only.All prices exclude taxes. Incentives and prices subject to change without notice. Please speak to the Woodbridge sales team for offer details. E.& O. E.
FREE
DO
M O
F CH
OIC
E
Choose your plan, size and location.Make it your own with choice ofkitchen finishes and more!
1, 2 & 3 Bedroom Condos
$229,900 SalixLiving.com
PRICED FROM
3 & 4 Bedroom ParksideTownhomes in Morgan Heights
$342,900 LiveAtniche.ca
PRICED FROM
2 Bedroom + Den, 3 & 3 + FlexTownhomes in Clayton Heights
$299,900 LiveAtLaRue.com
PRICED FROM
Unmatched privacy in a park setting, with most homes fronting onto dedicated green space.
A close-knit community in a charming, convenient location.
ULT
IMA
TE P
RIV
AC
YCO
UN
TRY
CH
AR
M
6477 196th St, Surrey
CALL 604.530.0054
3039 156th St, Surrey
CALL 604.535.5511
19180 65th Ave, Surrey
CALL 604.575.2263
4 Bedroom New EnglandRowhomes in South Surrey
$355,900PRICED FROM
CLA
SSIC
STY
LE FInaL ReLeasehuRRy In!
16228 16th Ave, Surrey | CALL 604.542.1616
visitPIER16.CA
on your phone
wbhomes.caSales Centres open: 12 - 5pm
(except Fridays)
Get MORe fROM yOuR new hOMe.What does “MoRe” Mean to you?More means improved livable spaces with personalized options. More means flexible floor plans, modern features, and high quality finishes.
More means vibrant, desirable locations with green spaces to enjoy the outdoors. More means innovative architecture, and more choices for today’s homeowner.
When you want to experience more in a new home, you’ll find it with Woodbridge.
CENTRAL LOCATION
Limited number of “Master on Main”townhomes also available!
2, 3 & 4 Bedroom Georgian Townhomesin the heart of Grandview Heights
$359,900 AbbeyRoadLiving.com
ON NOW: Our New Year
Buyer’s Programvisit us for further details!
2469 164th St, Surrey
CALL 604.542.0660QUALITY
HOMES
BUILT BY
PRICED FROM
Courtesy to Agents. This is not an offering for sale. Any such offering must be made with a disclosure statement. Renderings are an artist’s rendition only.All prices exclude taxes. Incentives and prices subject to change without notice. Please speak to the Woodbridge sales team for offer details. E.& O. E.
FREE
DO
M O
F CH
OIC
E
Choose your plan, size and location.Make it your own with choice ofkitchen finishes and more!
1, 2 & 3 Bedroom Condos
$229,900 SalixLiving.com
PRICED FROM
3 & 4 Bedroom ParksideTownhomes in Morgan Heights
$342,900 LiveAtniche.ca
PRICED FROM
2 Bedroom + Den, 3 & 3 + FlexTownhomes in Clayton Heights
$299,900 LiveAtLaRue.com
PRICED FROM
Unmatched privacy in a park setting, with most homes fronting onto dedicated green space.
A close-knit community in a charming, convenient location.
ULT
IMA
TE P
RIV
AC
YCO
UN
TRY
CH
AR
M
6477 196th St, Surrey
CALL 604.530.0054
3039 156th St, Surrey
CALL 604.535.5511
19180 65th Ave, Surrey
CALL 604.575.2263
4 Bedroom New EnglandRowhomes in South Surrey
$355,900PRICED FROM
CLA
SSIC
STY
LE FInaL ReLeasehuRRy In!
16228 16th Ave, Surrey | CALL 604.542.1616
visitPIER16.CA
on your phone
16228 16th Ave, Surrey | CALL 604.542.1616
FRASER HWY
HWY 10
184
ST
60 AVE176
ST
Sales Centre: 5920–184th StreetOpen 1-5 pm daily (except Fridays)
604.760.7672
CADENCELIVING.CACoronation Park
PrICEs ArE subjECt to ChANGE. E.&o.E.
WIDE oPEN INtErIors. LuXurIous outDoor LIVING.Imagine a place where your kids can see their grandparents more often. Imagine entertaining guests in a stylish outdoor living room with a cosy gas fireplace. Cadence features all of this with four bedrooms and den, plus a two bedroom legal suite in 3,400 – 3,700 sq.ft. of wide open space.
stArtING FroM thE hIGh
$600’sFEAturING GEothErMAL hEAtING AND CooLING
SHOWHOME
NOW OPEN
LOVE THE WAY YOU LIVELIVE THE WAY YOU LOVE
LUMINALIVING.COM
SALES CEnTrEOpen 1-5pm daily (except Fridays) 14877-60 Ave, Surrey 604 760 7672
STArTIng FrOm932 sq.ft.Two BedTwo Bath
$259900InCLUDIngnET HST
nOW SELLInG 24 ECO-FrIEnDLY SIGNATURE rESIDEnCES
152
St
148
St
144
St
60 Ave
64 Ave
8 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
Walk to your morning tee time. Meet friends for lunch at the clubhouse. Enjoy low maintenance living close to Fleetwood’s best amenities allowing you to do the things you want to do rather than the things you have to.
With the well-appointed townhomes at Vantage, you can experience the convenience of a main floor master bedroom, the comfort of hardwood f loors, luxurious granite counter tops, and the course-side location you’ve always wanted. Own one of our popular, 3-bedroom 2,025 sq. ft. townhomes with full size driveway from just $489,900* or our limited collection 2-bedroom, master on main townhome with 2nd f loor loft and golf course views from $499,900*.
AFFORDABLE, 3-bed 2,025 Sq. Ft. townhomes from just $489,900*
COURSE-SIDE, MASTER ON MAIN 2-bed + loft townhomes from just $499,900*
Downsize Without Compromise.
This is not an offering for sale. Any such offering can only be made by way of disclosure statement. E. & O.E. *Price includes HST.
/ VestaPropertiesLife never looked so good. Visit VantageLiving.ca or follow us on Facebook
OVER 80%
ALREADY SOLD!
contentsJan 25 - feB 8, 2013 || volume 21 issue 02
special features
ABBEY ROADTaking quality to heart in South Surrey
p.16cover story
60
12 ediTor’s noTe
20 Q&A GVHBA on the move: Q&A with Bob De Witby Susan M Boyce
22 on The horiZon Checking out what’s hot and new in the Lower Mainland and beyondby Susan M Boyce
60 shoWhome revieW Carte Blanche – light French Country and a touch of fun add personality to Coquitlam showhomeby Janine Mackie
PAGE 18
In the newsBMO Canadianhousing outlook 2013
010-011 VAN Contents_AY-WK.indd 10 1/22/13 4:00:00 PM
50 The morTgage minuTe Not all lines of credit are created equal by Peter Kinch
72 fundamenTally speaking It’s never too early to begin your tax planning by Wayne Karl
76 lisTing direcTory Complete listings of more than 250 new-home developments throughout Vancouver and the Lower Mainland
18 in The neWs Housing market ‘soft landing’ to dissipate by mid-year: BMO
homebuyers’ help special features
vice-presidenT, Wall2Wall media
Jacqueline Hill
direcTor of sales, WesTern canada
Josh Heppner
accounT eXecuTives
David Bird 604.319.7102 Brenda Everitt 604.319.7103
ediTor-in-chief, naTional real esTaTe
Susan Legge
ediTor
Wayne Karl
arT direcTor
Julie Yoo
producTion manager
Bala Gnanapandithan
graphic designer
Alexander Yakubovich
producTion co-ordinaTor
Laura Northmore
ediTorial WriTer Susan M Boyce
conTriBuTing ediTorial WriTer Janine Mackie
sales coordinaTors
Ranee Pal (on leave), Justin Salvador
naTional accounT manager WesTern canada Frank Franco 778.847.9311
naTional accounT manager easTern canada Maureen O’Byrne 416.784.5200, ext.3349
naTional accounT manager, mediaTive
Paul Slizys
puBlished By
Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.
The Vancouver New Home Guide is a free publication published 25 times per year. Submit articles or advertising to Suite W020 4664 Lougheed Highway Burnaby, BC V5C 5T5 phone 604.519.6080 faX 604.519.6088
copyrighT 2013 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.
20
district maps
14 South Surrey White Rock
24 Surrey Langley
48 Vancouver
52 Burnaby
56 Tri-Cities
64 Pitt Meadows Maple Ridge
68 Richmond
50
in the news
010-011 VAN Contents_AY-WK.indd 11 1/22/13 4:00:10 PM
e d i t o r ’ s n o t e
What rules your new-home choice?Lifestyle increasingly infl uenti al for buyers
New-home buyers are often driven by different in� uences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home near the beach, a golf course or a city penthouse or pied-à-terre, you’re likely
looking to compensate for what you don’t have in your current residence.The amount of living space is usually the issue – either too much or too little. Most
young families are looking for more living space, which is why builders are designinghomes with interiors that maximize every square foot of living space to make the mostof your money.
As we get older, the quest for living space may take a different direction. Downsizing is usually the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or pied-à-terres in the city. An urban location gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home.
In today’s hectic world, your new home will be your retreat, so it’s important to � nd is to � nd a home that suits your needs and lifestyle. In this issue, we pro� le new communities which offer the perfect place to put up your feet, plus the latest industry news and features about buying and owning a new home.
Enjoy!
Susan Legge EDITOR-IN-CHIEF
Wall2Wall Media,[email protected] me on Twitter at Twitter.com/SusanLegge
We’re approaching February already – a period we often associate with blahs, but also a month worth celebrating, given that it’s the shortest of the year, and March and spring soon follow. And while the deadline for 2012 Registered Retirement
Savings Plan contributions isn’t until March 1, and April 30 for � ling your 2012 income tax return, perhaps we need to start thinking of February in a different light altogether.
Indeed, coming up in our two February issues is our Tax Matters content; the idea was to explore this topic in advance of � ling deadlines, to help readers learn about opportunities to take advantage of while they still can.
But, heeding the advice of experts, perhaps “tax time” should instead be a year-round task. From making regular RRSP contributions to comparing RRSPs and tax-free savings accounts to learning of the various credits available, tax planning for some is as necessary as the inevitable taxes themselves.
Preparing as best you can throughout the year might help minimize the sting come deadline time – and help you learn to embrace the opportunities to save, not just fear what you have to pay.
Wayne Karl EDITOR
Wall2Wall Media, [email protected] me on Twitter at Twitter.com/WayneKarl
Tax time – embrace itPreparing for this unsavoury topic earlier helps reduce the sti ng at deadline ti me
12 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
012 Editors PAGE_JY-WK.indd 12 1/22/13 4:00:21 PM
Showhome Open Monday - Saturday 1 - 3pm45762 Safflower Crescent, Sardis
www.kingsburyplace.ca
3 or 4 Bedroom Townhomes+ Only tOwnhOMeS in SardiS with full walk Out baSeMentS
+ engineered StOne COuntertOpS
Last Chance! 4 Homes LeftMaSSive priCe reduCtiOn - frOM $259,900
iMMediate pOSSeSSiOn
Two Storey Luxury
*some conditions apply
bC gOvernMent 1St tiMe buyerS prOgraM$10,000 Tax Rebate*
Only until april 1, 2013
bill driesenhomelife glenayre realty1-800-795-2955
wayne templereMax nyda realty1-800-830-7175
(ChilliwaCk, b.C.)
jan 25 - feb 8, 2013 | metro vancouver new home guide 13
South Surrey / White rock
1. Summerfield 172nd St & 2nd Ave
604-536-1155
2. Toccata2929 - 156 Street604-535-5088
3. Wills Creek160th & 32nd Ave604-542-8971
4. Pier 1616228 16th Ave604-542-1616
5. Blu 15988 32 Ave 604-782-5258
6. Belcroft 15977 26 Ave 604-568-8830
7. Abbey Road24th & 164th604-542-0660
8. Morgan Heights 16092 - 28 Ave. 604-560-1053
9. The Heights2845 156th St.778-545-8737
10. Niche3039 156th St.604-535-5511
11. Breeze#5 16223 - 23rd Ave. 604-582-1113
12. Southbrooke10th Ave. & 165th St. 604-805-2941
CANADA
UNITED STATES OF AMERICA
176T
H S
T17
6TH
ST
56TH AVE
58TH AVE
KIN
G G
EOR
GE H
WY
128t
h St
16th Ave 16th Ave
148t
h St
16th Ave
24th Ave
Crescent Rd
20th Ave
24th Ave
26th Ave
24th Ave
32nd Ave
40th Ave
140t
h St
152n
d St
152n
d St
KING G
EORG
E HWY
160t
h St
8th Ave
10th Ave
8th Ave
168t
h St
164t
h St
184t
h St
168t
h St
184t
h St
Marine Dr
9999a
15
10
SerpentineFen Nature
Reserve
SerpentineFen Nature
Reserve
CrescentPark
CrescentPark
Crescent Beach /Blackie Spit
Crescent Beach /Blackie Spit
SunnysideAcres UrbanForest Park
SunnysideAcres UrbanForest Park
South SurreyAthletic ParkSouth SurreyAthletic Park
3
4
SouTH SuRRey / WHiTe RoCk
1
2
5
6
7
11
12
8910
14 metro vancouver new home guide | jan 25 - feb 8, 2013
jan 25 - feb 8, 2013 | metro vancouver new home guide 15
south surrey/white rock
c o v e r s t o r y
“The symbol of quality,” is more than a marketing tagline for local home builder Brad Hughes of Park Ridge Homes, now building the exclusive Abbey Road development in partnership with Woodbridge Homes. Whether his seasoned
team of professionals is building a $1-million custom home or a $400,000 townhome, attention to detail, superior building materials, quality control and attentive customer service are consistent.
“For every one of our projects, it’s all plywood construction – fl oor, ceiling, roof and walls. Never particle board,” explains Hughes. “We build for a discern-ing client and strive to have each home perfect when homebuyers move in. We educate them how to look after their home, and offer attentive customer service two, fi ve, even 10 years down the road.”
by JANINE MACKIE
Abbey RoadCUSTOM HOME BUILDER AND LOCAL DEVELOPER
TAKE QUALITY TO HEART IN SOUTH SURREY
“We build for a discerning client and
strive to have each home perfect when homebuyers move
into their new home. “ Brad Hughes, builder
16 mETRO VANCOUVER NEW HOmE GUIDE | jAn 25 - Feb 8, 2013
016-017 Cvr Abbey Road_AY-WK.indd 16 1/22/13 4:00:27 PM
where landscaping and mature evergreens integrate for a private setting that’s also walking distance to the gym, grocery store and coffee shops.
While it’s easy to get swept away by Abbey Road’s modern finishes, con-temporary showhome and classic Georgian architecture, it’s the assurance of an honest work ethic and seeing the difference true quality makes, that is proving to be the real deciding factor for recent buyers.
“When you’re buying a home you should always look for the best you can afford, and here buyers are getting that amazing combination of a great location, quality construction by a trusted builder, and finishes that are second-to-none,” says sales manager Tara Desmond. “Those that have shopped around see the difference right away – nicely cased doors, abundance of pot lights, sleek quartz countertops and a natural-gas range, that are all standard finishes.”
WHERE WILL YOU SPLURGE? BUY TODAY AND RECEIVE $10,000 IN UPGRADES Choosing between a two, three and four-bedroom townhome and two colour schemes, is just the beginning of exciting choices that await buyers who visit Abbey Road’s presentation centre, now located within the community’s club-house and billiards lounge.
Priced from $379,900 including tax, seven floorplans ranging from 1,330 to 1,915 sq. ft. provide a wonderful variation of space to accommodate all stages of life whether you’re looking for a two-level with master on the main floor, or a plan with extra flex space for a home office, teen room or kids play area.
With a $10,000 upgrade incentive, you can even add crown mouldings, upgrade to professional-series appliances or bring home automation capabilities to your home. Having built custom homes for almost 30 years, Park Ridge Homes has been known to go beyond what’s on the upgrade list to accommodate buyers’ special requests for flooring or custom cabinetry. Their name has become syn-onymous with quality and their work has been rewarded in the industry.
As a valued partner with Park Ridge on Abbey Road, the development group of Woodbridge Homes brings extensive experience in the new home development industry, having created thousands of homes throughout Metro Vancouver, Wash-ington and California. With a current portfolio of new developments throughout the Lower Mainland, Woodbridge Homes is committed to providing families with a home that they’ll be proud to call their own for many years. For further details on other Woodbridge communities, please visit wbhomes.ca
Abbey Road is open daily (except Fridays) from noon to 5 p.m., at 2469 164th St. in South Surrey. Call 604.542.0660 for information or online at abbeyroadliving.com
GEORGIAN ARCHITECTURE: BRICK FACADES, WINDOW BOXES, WROUGHT IRON GATESActively involved from the early planning stages of South Surrey’s blossoming Morgan Heights and Grandview Heights neighbour-hoods, Park Ridge Homes has built many of the single-family homes that now complement the area’s urban mix of amenities.
With its location on 164th Street just behind 24th Avenue, homebuyers will be part of an already established neighbourhood,
jAn 25 - Feb 8, 2013 | mETRO VANCOUVER NEW HOmE GUIDE 17
016-017 Cvr Abbey Road_AY-WK.indd 17 1/22/13 4:00:29 PM
ExpErts on thE Canadian housing markEt from BMO Financial Group and the industry participated in the inau-gural BMO Housing Panel for 2013 to discuss the past year and provide their outlook over the next 12 months.
According to Sal Guatieri, senior economist, BMO Capital Markets, after a decade-long boom, the so-called soft landing appears to be underway in most regions; the expectation is that this trend will continue into 2013.
“Home sales and housing starts will continue to moderate and prices will generally stabilize in most regions in 2013,” says Guat-ieri. “In the year ahead, the housing market will be supported by moderate job growth, steady immigration, growing demand from echo boomers entering their prime first-time home buying years, and a gradual shift toward more single-person households.”
The real estate market will benefit from continued low inter-est rates, with the Bank of Canada likely on hold for another year, he adds.
Guatieri also notes that Alberta and Saskatchewan could buck the national trend and see higher prices due to continued healthy economic growth and wage increases. Meanwhile, pricier Toronto and Vancouver are likely to have a bumpier landing than most other regions, with some prices declining moderately.
AffordAbility And consumer preferenceConrad Zurini, Broker of Record, ReMax Escarpment Realty, says affordability is in question in major cities including Calgary, Toronto and Montreal, with first-time buyers likely staying out of the market for the first half of the year.
Zurini adds that those looking to upgrade will still dominate, given lower interest rates. “People who are into walking, lifestyle and entertainment, the farm-to-table trend and buying local are going to fuel that market for the first half of the year.
“These consumers are all about amenities and lifestyle – they’re very established economically,” says Zurini.
Consumers buying for the first time will likely look to other cities in search of greater value.
“These buyers move with opportunity, following employment and searching out homes with their desired space, ultimately single-family residential homes,” he says. “In 2013, consumers will be paying close attention to the investment side of their buying decision.”
mortgAge And finAncing AdviceJohn Turner, national director, specialized lending, BMO Bank of
i n t h e n e w s
Montreal, outlined a number of factors buyers should keep in mind for financing the purchase of a home.
“The pre-approved process remains a very important keystone in the home buying process, whether you’re a first time home-buyer or a move-up buyer,” says Turner. “Generally speaking, most folks will need to borrow most of the purchase price of the home, so getting a pre-approved mortgage is a smart thing to do even before the home search starts.”
Turner adds that the down payment buyers are able to afford is another important aspect, and that there are strategies buyers should put in place to ensure they can maximize that amount – ultimately lowering their overall housing costs.
“There are a number of different strategies to save for a down payment. With RRSPs, for instance, customers can withdraw up to $25,000 for the purchase of a home,” he says.
Turner also reminds that consumers who pay off their debt quicker pay less interest, and that most mortgages have options embedded in them that help to save money in this way.
“At BMO, we’ve been encouraging customers to take a shorter amortization for some time,” he says. “In addition, rates are as low as they’ve ever been, so it’s certainly a good time to take advantage of this to pay off your debt sooner so you can retire comfortably and with as little debt as possible.”
BMO CAnAdIAn HOuSInG OuTlOOk 2013
Housing market ‘soft landing’ to dissipate by mid-year:
18 metro vAncouver new Home guide | jan 25 - feb 8, 2013
018 News BMO Canadian Housing Outlook 2013_AY-WK.indd 18 1/22/13 4:00:34 PM
VISIT ADERA.COMCHECK US OUT ON TWITTER AND FACEBOOK
*LIMITATIONS APPLY. THIS IS NOT AN OFFERING FOR SALE. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. BREEZE ADERA PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277
VISIT US AT OUR NEW PRESENTATION CENTRE: #15-16223 23A AVENUE, SURREY | 604.582.1113
Receive up to $10,000* in free options for a limited time! Discover a new benchmark in West Coast urban living. A vibrant townhome community, located just steps away from world class shopping and amenities in South Surrey.
MANAGER’S SPECIAL - ONE HOME ONLY3 BEDROOM PRICED AT $339,900*
39 Premium South Surrey TownhomesLocated in the heart of Grandview Heights | Open Daily 1-5pm 778.545.8737 | www.lakewood.ca/the heights
BY LAKEWOOD
Priced from $347,000.
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 19
SOUTH SURREY/WHITE ROCK
CHANGE IS IN THE AIR AT THE GREATER VANCOUVER HOME BUILDERS’ Association. On Nov. 1, 2012, Bob de Wit took over as CEO of one of the country’s largest home builder associations. And while there’s little question that stepping into the shoes of his predecessor, the often outspoken but always succinct Peter Simpson, will be tough, after three months it’s clear de Wit is rising smoothly to the challenge.
This issue, de Wit shares some of his thoughts about the future of home building in the Lower Mainland and what’s coming up for the Greater Vancouver Home Builders’ Association.
Q: GVHBA has undeniably become a force to be reckoned with in the home building and renovation industry – more than 750 members with solidly diverse representation across all sectors: developers, builders, renovators and suppliers. What can consumers look forward to that will be of direct benefi t to them in 2013?A: One of the things we’re particularly excited about is that this spring we’re launching a new GVHBA website designed to make it even easier for consumers to fi nd the information they need about everything to do with home building and renovations.
We’ll also become more active on social media and increase our focus on providing educational seminars for both consumers and our members.
GVHBA on the moveQ&A WITH BOB DE WITby SUSAN M BOYCE
Q & A
Bob de Wit, cEO of the Greater Vancouver
Home Builders’ Association
01
20 METrO VANcOuVEr NEW HOME GuidE | jan 25 - Feb 8, 2013
020-021 Q&A with Bob de Wit_AY-WK.indd 20 1/22/13 4:00:44 PM
01 Transportation hubs like the Lincoln Station of the Evergreen Line are neighbourhoods to watch for long-term investment potential and growth.
02 Nature’s Walk in Langley is a multi-category contestant in the 2013 Ovation Awards.
03 Jewel by Boffo was named Best Multi-Family Highrise at GVHBA’s 2012 Ovation Awards.
04 Lavish outdoor spaces woo buyers at Morgan Heights in South Surrey.
Q: So what are some of the upcoming GVBHA events consumers should watch for?A: One of our most popular events is still the First Time Home Buyers Seminar on March 19 – a free seminar that now attracts more than 700 people. This year, our panelists will include Robyn Adamache-Lake from CMHC, Tom Reeves from National Home Warranty, Greg van Popta from McQuarrie Hunter, and a senior representative from the Royal Bank.
Naturally, we’ll continue to offer our Home Renovation Seminars and the educational booth at the BC Home + Garden Show that runs Feb. 20 through 24 at BC Place. And later in the year, you can look forward to the Annual Parade of Renovated Homes.Q: What about the 2013 Ovation Awards? Can you give us any hints about what to expect in the fourth year of this annual competition?A: The Ovation Awards have definitely gained traction as a brand consumers recognize and respect. This year we received a record-breaking number of entries – all showcasing the excellence found throughout Metro Vancouver’s renovation, new-home construction and design industries. Finalists will be announced on Feb. 6 and winners will be revealed on April 20 Awards Gala at the Vancouver Convention Centre. It’s going to be a very exciting evening, but you’ll just have to wait to find out who the winners are.Q: Tell us a bit about your background. How did you become part of the GVHBA team?A: My career began 15 years ago in the technology sector. Since then, I’ve worked in corporate finance raising equity capital, been a consult-ant to educational institutions including UBC and the University of California, and four years ago was one of the partners who formed GreenAngel Energy Corp that invests in growth-stage technologies that find new ways to reduce a company’s carbon footprint.
But I knew I was looking for something new. When I met with the GVHBA board, I realized there was a strong entrepreneurial spirit among the members – especially the owner operators. And I like the way this organization can have a positive impact on housing affordability. It was a natural fit.Q: Any hot tips about neighbourhoods to watch?A: Anywhere with new or expanding transportation infrastructure – areas like Surrey or the Evergreen Line or, if you’re looking really long-term, Maple Ridge and Mission.
The Greater Vancouver Home Builders’ Association represents the resi-dential construction industry in the Greater Vancouver Area. GVHBA acts as a liaison between local governments and housing industry groups, provides cutting-edge education and training, and hosts events like the Ovation Awards and the Annual Parade of Renovated Homes.
For more information visit gvhba.org
This spring we’re launching a new GVHBA website designed to make it
even easier for consumers to find the information they need. BOB dE WiT
02
03
04
jan 25 - Feb 8, 2013 | METrO VANcOuVEr NEW HOME GuidE 21
020-021 Q&A with Bob de Wit_AY-WK.indd 21 1/22/13 4:00:58 PM
on the
horizon
Cedar Cottage Townhomes: VancouVer TownhomesNow almost complete, these five, innovative townhomes are located at 1729 East 20th Ave. just off Vancouver’s vibrant The Drive neigh-bourhood. All homes offer two-bedrooms plus den (one also has an attached studio perfect for a home office or artist’s workshop) and are designed with heritage styling to match the surrounding neighbourhood. Enjoy morning coffee on your private rooftop deck or check out the fun ‘n’ funky coffee shop right next door on the site of the neighbourhood’s orig-inal bank – that’s right, as in financial bank. Green features include tankless, on-demand hot water. Priced from the $680,000s.
For more information, call 604.671.1025 or visit cedarcottagetownhouses.com for a private viewing.
The Woods: souTh surrey TownhomesLocated at 15588 – 32nd Ave. (near Croydon) in South Surrey, each of these 96 homes each includes a private, rooftop deck and open, sunny floorplans. Rare live/work designation allows a ground-level office with separate en-trance – meaning you can keep your work and private spaces totally separate. And here’s a bonus: the entire property backs onto an exist-ing creek creating a tranquil oasis in the city. Prices start at $340,000.
For more information and to priority reg-ister, visit gramercy.ca/thewoods
Paddington Mews: meTroTown TownhomesInformation is still spare, but keep your eye on this one if you’re looking for a townhome in West Metrotown. Inspired by heritage design, yet boasting all the contemporary fin-ishings and details you expect, these homes are designed to be the best of both worlds.
Presentation centre anticipated to open soon at 4927 Kingsway in Burnaby. For more information and to priority register, paddingtonmews.com or call 604.438.9922.
Checking out what’s hot
and new in the Lower Mainland’s
residential marketplace and
beyondby SuSan M Boyce
Cadence: cloVerdale single-Family Priced from the high $600,000s, these four-bedroom and den homes feature 3,400 to 3,700 sq. ft. of wide-open living space, plus a two-bedroom legal suite. Among the many above-and-beyond sustainable features you’ll find at Cadence are on-demand hot water, geothermal heating/cooling and automated in-ground sprinkler system.
Presentation centre and display home now open at 5909 – 184th St. For more informa-tion, visit cadenceliving.ca or call 604.760.7672. Please note that in our Hot Communities section last issue, we erroneously indicated these were townhomes. We apologize for any inconvenience this caused.
The One: souTheasT False creek TownhomesA spectacular new addition to the Southeast False Creek neighbourhood, The One is now selling and has a limited collection of town-houses to complement its highrise condo homes. Priced from $699,900, these town-homes boast the exceptional finishing details you’ve come to expect from Pinnacle Inter-national – finishings such as air conditioning, hardwood flooring, and gourmet kitchens. Don’t miss this chance to live steps from the Seawall and the growing amenities of this prestigious neighbourhood.The One will be located at 38 West 1st Ave.
Presentation centre now open daily at 1738 Ontario St. in Vancouver. For more information, visit LivingAtTheOne.ca or call 604.874.8368.
Got a new development
you’d like us to feature in On the
Horizon? Drop me a note at susan@
suntrackercafe.com, and we’ll do our
best to get you in the next edition.
Tell us your news
o n t h e h o r i z o n
22 metro vancouver new home guide | jan 25 - feb 8, 2013
022 On the Horizon January 25_AY-WK.indd 22 1/22/13 4:01:03 PM
jan 25 - feb 8, 2013 | metro vancouver new home guide 23
south surrey/white rock
Prices subject to change without notice E.&O.E.
SurreyA1. Encore
8433 164th Street 604-716-9506
A2. Panorama Station 5957 152nd
604-372-2275
A3. Cadence 5920 184th St.
604-760-7672
A4. Bishop Creek 15788 104 Ave.
604-588-0005
A5. Clayton Heights 7310 - 191B Street 604-723-4497
A6. Madison 14356 63A Ave. 604-543-6262
A7. Sequoia 14838 61st Ave. 604-575-7366
A8. The Links 7797 170 St. 778-574-2550
A9. Uptown Clayton Village 19525 73rd Ave. 778-574-0146
A10. Cambridge Park 14955 60th Ave. 604-535-9633
A11. La Rue 19180 65th Ave. 604-575-2263
A12. Vantage 7830 170th St. 604-579-0247
A13. Clayton Rise 68th Ave. & 195A St. 778-278-0030
A14. Sun 72 195th & 72nd Ave. 604-575-8806
A15. Allegro 7121 192nd St. 604-574-5415
A16. Highlands at Sullivan Ridge 6085 - 146 St. 778-565-7768
A17. Enclave at Boundry Park 12775 63 Ave. 604-657-3709
A18. Highcrest 9989 Barnston Dr. East highcrestliving.com
A19. Canvas Panorama at 142 & 64th Ave liveatcanvas.com
A20. One 92 6685 192nd St. 604-576-1772
A21. Panorama Woods 6123 138th Street 778-593-9954
A22. Silverwood 84th Ave. & 164th St. 604-953-0288
A23. Salix 6477 196th Street 604-530-0054
A24. Boardwalk Townhomes 7090 - 180th Street 604-506-1852
A25. The Grove 68th Ave. & 194 St. 604-533-6968
A26. Rockwood 16241 - 84th Ave 604-503-1188
A27. Zen 196th & 66th Ave. 604-247-2639 ext 262
LangLeyB1. Virtue
20187 68th Ave. 604-534-6800
B2. Nature's Walk 20966 77A Avenue 604-888-8370
B3. Outlook 8250 209B St. 604-888-8778
B4. Red Maple Park 7938 - 209th St. 604-888-8699
FRASER HWY
176T
H S
T
FRASER HWY
80th Ave 80th Ave
200t
h St
208t
h St
216t
h St
240t
h St
232r
d S
tGlo
ver R
d
96th Ave
88th Ave
72nd Ave
64th Ave
40th Ave
48th AveGrade Rd
96th Ave14
4th
St
152n
d S
t
160t
h St
168t
h St
192n
d S
t
188t
h St
128t
h St
120t
h St
112t
h St
S Fr
aser
Way
120th
St
104th Ave
116th Ave
Grosve
nor R
d112nd Ave
108th Ave
104th Ave
88th Ave
96th Ave
216t
h St
72nd Ave
64th Ave
61A
KING G
EORG
E BLVD
LANGLEY BYPASS LANGLEY BYPASS
10
10
1a
99a
99
58TH AVE
56TH AVE 56TH AVE
GLOVE
R RD
GLOVE
R RD
WatershedPark
WatershedPark
BearCreekPark
BearCreekPark
Tynehead Regional ParkTynehead Regional ParkGreen TimbersUrban Forest
Park
Green TimbersUrban Forest
Park
SerpentineFen Nature
Reserve
SerpentineFen Nature
Reserve
60th Ave
Golden EarsBridge
Golden EarsBridge
A6
B1
A2
A9
A15
A10
A18
A24
A7
A3
A19
A4
A14
A11
Surrey / LangLey
A13A25
B8
A5
B3
B2A8
A21
A17
A26
A22
A20A23
A27
A12B4
A1
A16
24 metro vancouver new home guide | jan 25 - feb 8, 2013
jan 25 - feb 8, 2013 | metro vancouver new home guide 25
Surrey/langley
61st Ave + 148th St, Panorama, Surrey
12 – 5 pm daily except Fridays
604.575.7366 sequoialiving.ca
Limited time offer. Total available savings includes the B.C. First Time Home Buyers’ Bonus. Please talk to the Sequoia sales team for details. Incentives and pricing are subject to change without notice. E.&O.E.Fairborne Sequoia Homes Ltd.
64 AVE
56 AVE
60 AVE
62 AVE
61 AVE144 ST
148 S
T
152
ST
N10
At SEQUOIA it’s...
Boxing Day In January! The best homes @ the best prices!
MOVE IN
READY HOMES
total Previous Boxing Day available Home no. + style Pricing Pricing savings
#54–3 BED, 2 BATH $354,900 $345,900 $19,000
#61–3 BED, 2 BATH $23,000
#62–3 BED, 2 BATH
#67–3 BED, 2 BATH $352,900 $342,900 $20,000
#70–3 BED, 2 BATH $346,900 $336,900 $20,000
#72–3 BED, 2 BATH $20,000
#76–3 BED, 2 BATH $346,900 $336,900 $20,000
#78–3 BED, 2 BATH Newly Released $359,900 $10,000
#79–3 BED, 2 BATH
#80–3 BED, 2 BATH
#81–3 BED, 2.5 BATH Newly Released $348,900 $10,000
#82–3 BED, 2 BATH Newly Released $342,900 $10,000
#83–3 BED, 2 BATH Newly Released $365,900 $10,000
SOLD!
SOLD!
PENDING!
SOLD!
SOLD!
Only 10 homes remain - hurry in, this is the final opportunity!
Move in before April 1st 2013 and get a $10,000 cheque in the mail. Ask us how!
/8
26 metro vancouver new home guide | jan 25 - feb 8, 2013
surrey/langley
jan 25 - feb 8, 2013 | metro vancouver new home guide 27
Surrey/langley
Phase 1 SOLD OUTNow Selling
Phase 2
7090 180TH ST, SURREY
THE BOARDWALK TOWNHOMES,THE VERY BEST IN ELEGANT DESIGN
Welcome to The Boardwalk, 69 elegantly designed 3
and 4 bedroom Townhomes located in the Prestigious
West Cloverdale community of Provinceton. Our homes
feature a host of upgrade features as standard. Bright
and open �oor plans, designer touches and extra-large
back yards. Our unsurpassed location will put you just
moments away from every amenity your heart desires,
restaurants, shopping, leisure, schools and transit links.
The Boardwalk has it all!
Open every day from 12pmto 5pm (except Friday)
604.506.1852boardwalktownhomes.com
Visit our two elegant show homes to experience the very best in quality and design.
starting from
mid $300’s3 & 4 bedroom homes
including HST
75% Sold in Phase 2
28 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
SURREY/LANGLEY
www.lakewood.ca
MOVE-IN READY HOMES AVAILABLE FOR ALL FLOOR PLANS
CONDOS JUST RELEASED! ASK ABOUT OUR LIMITED TIME CONDO PROMOTION.
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 29
SURREY/LANGLEY
Uptown ClaytonTownhomes
PREMIER LOCATION NESTLED INCLAYTON HEIGHTS
176
th S
t.
72nd St.Fraser Hwy.
HWY #1
200
th S
t.
For more pictures and to see the amazing locations visit www.sunmarkdevelopments.com
Northstar
Terry Vinet604.657.2864
19525 73rd Street Surrey
NEW SHOWHOMES NOW OPENOpen daily (except Friday) 12 to 5
778.574.0146
3 and 4 bedroom townhomes
spacious fl oorplans up to 2000 sq. ft.
gourmet kitchens with granite counters
double garages some plans
washer/dryer and blinds incl. and much more.
PHASE 4 NOW SELLING
50%SOLD
MOVE IN TODAY
FROM THE LOW$300’S
SURREY/LANGLEY
30 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
For more pictures and to see the amazing locations visit www.sunmarkdevelopments.com
Sutton Premier
2 MODEL HOMES NOW OPENOpen daily (except Friday) 12 to 5pm
604.657.3709
Kids can walk to school
Spacious open concept homes
Main fl oor powder bathroom
Spacious private rear yards and patios to entertain
Thoughtful detail. A better home.
2300 Sq. Ft. TOWNHOMES IN SURREY
MOVE IN TODAY
FROM THE MID$300’S
EXCLUSIVE BOUNDARY PARK LOCATION!
12775 63 AVE.
120
St.
128
St.
HWY 10
64 Ave.
72 Ave.
63 Ave.
SURREY/LANGLEY
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 31
CLIENT: Portrait Homes AdFILE NAME: Portrait_PANORAMA_NHG_MeetBuilder.inddLINE SCREEN: 200lpiFONTS: Nubian Alt; ITC Officina Sans; Univers
DATE: Jan 16, 2013 AD SIZE: 7.25” w x 9” h PUB: New Home GuideOPERATOR: CH
Panorama Woods Clubhouse SFU Surrey Campus
■ ■ ■ ■ BLACK ■ ■ ■ ■ CYAN■ ■ ■ ■ MAGENTA ■ ■ ■ ■ YELLOW
Sales & Marketing by Coldwell Banker Tri-Tel Realty. This is not an offering for sale. Price excludes taxes. E. & O. E.
KING GEO
RGE BLVD.
62 AVENUE
64 AVENUE
138 STREET
BUILDING AWARD-WINNING COMMUNITIESFOR TODAY... AND FOR YEARS TO COME.
The Award-Winning Tradition Returns...Panorama Woods offers a collection of modern 3 bedroom
townhomes in one of Surrey’s most convenient locations.
Portrait Homes, recognized as the Best Single Family Home
Builder in British Columbia for 6 of the last 7 years, invites
you to experience distinctive townhome living created with
quality craftsmanship and exceptional finishings.
Panorama Woods is everything you want in a new home.
GRAND OPENING PROMOTION on now!
Experience the Portrait Homes difference – Winner of the
Avid Diamond Award™ for the Best Customer Experience
in Canada. Contact us today and see why!778.593.9954panoramawoods.ca
portraithomes.ca/blog/
SALES CENTRE & DISPLAYS
Address: 6123 138 St., Surrey
Open Daily: 12:00 - 5:00pm
NOW SELLING!
MEET THE BUILDERSunday, January 27 From 12 - 3pm
3 Bedroom Townhomes starting from $319,900
DON’T MISS THIS SPECIAL EVENT!
32 metro vancouver new home guide | jan 25 - feb 8, 2013
surrey/langley
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 33
SURREY/LANGLEY
The first release of Highcrest, a new
master planned village, features a
signature collection of contemporary
townhomes. Enjoy spacious open
plans, thoughtful details, oversized
windows, on-site amenities and
spectacular views overlooking the
Fraser River and beyond to the West
Coast Mountains.
Striking the perfect balance between
urban convenience and nature,
this is the first community of its
kind to come to Fraser Heights in
over 20 years. Don’t miss this rare
opportunity to live luxuriously in this
prestigious neighbourhood.
Prices include applicable taxes and are subject to change and availability. Don’t miss out! E.&O.E.
ELEVATED LIVING COMES TO PRESTIGIOUS FRASER HEIGHTS
LUXURY TOWNHOMESSTARTING IN THE MID $370’S
COMING SOON
B A R N S T O N L T D
REGISTER ONLINE TO BECOME A HIGHCREST VIP AND BE ONE OF THE FIRST TO SELECT YOUR NEW HOME
REGISTER TODAYhighcrestliving.com 604.584.7273 • 9989 Barnston Drive East
100
Ave
DA
LY R
D
HW
Y N
o.1
HWY No.15 / 176 Ave
177A St
HIGHCREST
Barn
ston
Dr.
E
Barnston Dr. East
96
Ave
104
A
ve
N
fifthave.ca
10305 High Crest Living Teaser print ad FINAL JAN72013.indd 1 1/7/2013 12:08:33 PM
34 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
SURREY/LANGLEY
Honest Living
2, 3, & 4 bedroom townhomes available
Now Selling
Priced from
$294,900including Net HST
Sales Centre open daily 1pm-5pm (except Friday’s)
Showhome #1-20187 68th Ave, Langley604.534.6800
Register at www.virtueliving.com
Sales & Marketing by Suniel Dardi
Royal LePage Northstar Realty
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 35
SURREY/LANGLEY
now
sel
lin
g
Schools, daycares, natural parkland.Main floor powder room, bonus room,private garage, outdoor space.
New Greenbelt Homes Released
Sales Centre open daily 12-515788 104 Ave., Surrey604-588-0005
Prices are subject to change without notice. HST not included. E.&O.E.
Insertion: left hand pageDue: Jan.21 - 5pm
GUILDFORD TOWN CENTRE
156
ST
160
ST15
2 S
T
150
ST
104 AVE 104 Ave
105 AVE
101 AVE
99 AVE
TYNEHEAD REGIONAL PARK
154
ST
151 A
T
TRANS-CANADA HWY
98 AVE
AVE
BishopCreek
100 AVE
158
ST
Bluetree Bishop ad for New Home Guide8" x 10" + .25" bleed all aroundFile Name: BLU23003_Bishop_ad_NHG_Jan.21_R1.aiJan21/2013/suikiHD/suiki
Bishop Creek3 BED & DEN TOWNHOMES
Prices are subject to change without notice. HST not included. E.&O.E.
See more at bluetreehomes.ca
at bishop creek
You Can Really LIVE Here
From $329,9
00
192
ST
200
ST
72 AVE
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 37
SURREY/LANGLEY
Ya, we’re pretty excited too.
Go ahead and get excited about the choices you’ll make in your new space. Introducing a collection of central and spacious three bedroom townhomes with over 1440 sq. ft. of modern living to � ll with the memories you create. Get ready to create a home you’ll love.
MID $300’sCOMING SOON to Panorama at 142 St & 64 Ave
3 bedroom townhomespriced from the
liveatcanvas.com Canvas is currently not an offering for sale. E.&O.E.
Register now at
40 metro vancouver new home guide | jan 25 - feb 8, 2013
surrey/langley
OUTLINE GRAPHIC DESIGN • 604.685.7053 Publication: NHBG Insertion Date: January 25, 2013 Details: Full bleed ad, 8 in x 10 in, CMYK Client: Townline
Register now
604.533.6968 www.thegroveatclayton.com
A collaborative Development by
Green space for all.
Clayton Heights — 141 spacious parkhomes nested around a forested inner
Families of all sizes will appreciate this community for years to come, thanks to its intelligent design, single-family feel, extraordinary amenities and easy walkability.
2, 3 & 4 bedroom parkhomes
Coming this FebruaryStarting from $275,900
SALES & MARKETING BY: FIFTH AVENUE REAL ESTATE MARKETING LTD. 604-583-2212
VISIT OUR PRESENTATION CENTRE OPEN DAILY NOON - 5PM (CLOSED FRIDAYS) 20211 66th Avenue, Langley BC | 604-533-7718 elementsinlangley.com
Prices and incentives are subject to change and may be withdrawn without prior notice. Prices quoted include net HST for owner occupier only. E.&O.E.
PHASE 2 OVER 60% SOLD!
PHASE 3 - NO HST! MOVE-IN DECEMBER 2013
With larger home layouts and new options for upgraded finishings the Elements lifestyle just gets better. Complimented by beautiful landscaping, backing on to natural green space, and nestled in the heart of Langley’s vibrant shopping community you are only steps away from every urban amenity. Come see why Elements is improving the standards of perfection. Only 2 available to move-in today!
MOVE-IN SUMMER 2013!
Junior ones up to spacious two + den suites priced from the $160’s up to the low $400’s INCLUDING
NET TAXES
Trilogy Club Lounge
44 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
SURREY/LANGLEY
This is your last chance to take advantage of the $10,000 government bonus* here at Nature’s Walk. Call for details.
FIRST TIME HOME BUYER?
Prices and incentives are subject to change or be withdrawn without notice. Conditions apply to the government bonus. See sales representative for details. E&.O.E. Sales and Marketing by Fifth Avenue Real Estate Ltd.
STARTING FROM THE LOW $300’s www.natureswalklangley.com604.888.8370 • 20966 77a Avenue Open Noon – 5pm Everyday (Except Fridays)
77a Ave
80 Ave
208
St
209
StGreat Central Location! Spacious Private Rear YardsSpacious Private Rear YardsDouble Car GarageDouble Car Garage Main Floor Powder RoomKids Can Walk To SchoolKids Can Walk To School Spacious Open Concept Homes
Finalist for 5 Prestigious Georgie Awards including Best Townhouse Development.
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 45
SURREY/LANGLEY
OUTLOOKLIVING.COM
*Prices and incentives are subject to change or be withdrawn without notice. Conditions apply to the government bonus. See a sales representative for details. Sales and Marketing by Fifth Avenue Real Estate Marketing Limited. E. & O.E.
GET YOURSELF INTO THE MARKET. With move-in ready homes first time homeowners have the opportunity to save an additional $10,000*. Call for details!
COME AND SEE:• Afriendlyneighbourhoodwithanewschoolnextdoor. • Shoppingnearby.• Finishedhomesyoucanwalkthrough.•Wellconsideredlayouts.
DO THE MATH! Let us show you how to put money in your own pocket.
Sales Centre 1-8250 209B Street, Langley Open Noon - 5pm Everyday Except Fridays
Call 604.888.8778
2 Bedroom + Den $282,900
ONLY 5 REMAINTOWNHOMES IN LANGLEY
Don’t rob yourself!Put your money in your own pocket.
46 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
SURREY/LANGLEY
File: 012NHBG_8x10-MH.indd Client: Marathon Homes Pub: New Home Buyers Guide
design one Trim Size: 8” x 10” Live Area: 7.25” x 9”
Date: January 7, 2013
CYAN MAGENTA YELLow BLACk Marathon Homes – The Highlands at Sullivan Ridge
Flexible family living in the heart of everything.The Highlands at Sullivan Ridge is a safe, family-friendly neighbourhood close to excellent schools, an abundance of shopping, endless recreation opportunities and easy commuter routes. These classic 2-storey, 4 bedroom single-family homes offer 3000 - 3500 sq. ft. of luxury living space, including fully finished basements. You’ll love the spaciousness of the open floorplans, the quality finishes and the many premium features that these homes display. With a gorgeous kitchen, cozy family room, the perfect master suite and more — these homes offer the value you need, in the neighbourhood that you want!
64 AVE
61A AVE
60 AVE 60 AVE
148
ST
146
ST
144
ST
HWY 10 (56 AVE)
Elevate your expectations.
Visit Our Showhome12 To 5pm Daily (ExcEpT FRidaY) • 6085 146 STreeT, Surrey778 565 7768 • www.marathonhomes.ca
QualiTy SiNGle Family HomeS From $649,900 iNCluDiNG HST
BUY NOW &
SaVe up To $40,000 *
(for a limited time)
VancouVer / Downtown VancouVer
1. river Walk 3179 E Kent Ave. N 604-438-2858
2. Blanc 1891 - W 2nd Ave. 604-600-8790
3. The Jeffs residence 1298 Salsbury Dr. (Salsbury & Charles) 604-558-1907
BURRARD INLET
Jericho Beach Park
PacificSpiritPark
QueenElizabeth
Park
QueenElizabeth
Park
SW M
ARINE DR
SW M
ARINE DR
GRA
NVI
LLE
STG
RA
NVI
LLE
ST
KNIG
HT
STKN
IGH
T ST
SE MARINE DRSE MARINE DR
BO
UN
DA
RY R
DBO
UN
DA
RY R
D
KINGSWAY
KINGSWAY
MA
IN S
TM
AIN
ST
CA
MBI
E ST
CA
MBI
E ST
E HASTINGS STE HASTINGS ST
UBCUBCW 10th AveW 10th Ave
Westbrook M
all
Westbrook M
all
Burrard
St
Burrard
St E BroadwayE Broadway
Renf
rew
St
Renf
rew
St
E 12th AveE 12th Ave
E 29th AveE 29th Ave
W 12th AveW 12th Ave
Venables St
Terminal AveTerminal Ave
E 41st AveE 41st Ave
Vict
oria
Dr
Vict
oria
Dr
Oak
StO
ak
StO
ak
StO
ak
St
Arb
utus
St
Arb
utus
St
W 57th AveW 57th Ave
W 16th Ave W 16th Ave
Chancellor Blvd
Chancellor Blvd
NW Marine Dr NW Marine Dr
SW Marine Dr
SW Marine Dr
W King Edward Ave
1
2
3
VancouVer
48 metro vancouver new home guide | jan 25 - feb 8, 2013
VancouVer
jan 25 - feb 8, 2013 | metro vancouver new home guide 49
The minisTer of finance and The Bank of canada have both expressed concerns over the amount of debt Cana-dians have been carrying. Indeed, a predictable result of an economy wherein the government is forced to keep interest rates low for an extended period is that consumers will find it hard to resist the temptation of borrowing beyond their means. Although there is an increased trend among Canadians ac-cessing equity in their homes, it is important to note there are two differences between those who borrow to support lifestyle and those who leverage to increase wealth.
Over the past few years, the number of Canadians who have taken out a line of credit on their home for anything from home improvements to vacations has increased to the point that the government has raised a red flag. Real estate investors need to be aware of who the government is really targeting – and that is the homeowner who is using his home equity to subsidize his current lifestyle. This is a valid issue, and the government should be concerned about this behaviour. However, this should not be confused with the prudent investor who uses home equity to increase his net worth.
While the government worries over the “lifestyle subsidizer,” the savvy real estate investor recognizes that this extended period of historically low rates creates a unique opportunity to leverage home equity into wealth, creating real estate investments. Inves-tors understand that in order to purchase cash-flowing rental properties, they will need to either come up with the down payment themselves or attempt to put together a joint venture partner. The simplest and least expensive source of capital (outside of cash on hand) is home equity. As such, it is common for almost every investor to set up a line of credit on their home in addition to their mortgage as a way of converting home equity into increased net worth. But what a lot of investors don’t un-derstand is that not all lines of credit are created equal.
There two different types of lines of credit (LOC) in the Canadian mortgage market and it is critical for a savvy real
estate investor to understand the difference. One is a tradi-tional “static LOC” and the other is a “re-advanceable mortgage LOC combination.” On the surface, they may appear similar, but what makes them different is critical to the savvy real estate investor.
A static LOC is the LOC that most homeowners are fa-miliar with and one that the majority of banks and lenders have been offering up for years. It is, quite simply, a line of credit that is placed behind the first mortgage. If a homeown-er has more than 80 per cent of equity in their home they can apply to access that home equity (up to 80 per cent) in the form of a line of credit. The challenge with a static LOC – also known as a Home Equity LOC or HELOC – is that it is static, meaning that if the amount of equity you have in your home were to increase over the course of the mortgage, the maximum amount of money that you would be able to draw out would remain the same, regardless of how much you may have reduced the original mortgage amount by. For example:
Home Value = $400,000 Mortgage Amount = $250,000 80% of Home Value = $320,000 Amount of accessible Home Equity = $ 70,000
In the above example, a HELOC can be arranged for $70,000. This in itself is a fairly straight-forward transaction and one that the majority of Canadians undertake when arranging for a LOC. However, let’s assume that the homeowner in the above example took advantage of every pre-payment privilege available and also had excess cash available through employment bonuses or com-missions. Let’s further assume that this homeowner was able to pre-pay as much as $50,000 of their mortgage over the next two years and were now at a point where they wanted to access some of the additional $50,000 in built-up equity to purchase an in-vestment property. Unfortunately, for our investor, since the
by peter kinch
created equalNOT ALL LINEs OF CREdIT ARE
t h e m o r t g a g e m i n u t e
C O N T I N U E d O N pA g E 5 4 . . .
50 MEtro VAncouVEr nEw HoME guidE | jan 25 - feb 8, 2013
050-054 Mortgage Minute-Not all lines of credit are created equal_JY-WK.indd 50 1/22/13 4:01:06 PM
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VancouVer
jan 25 - feb 8, 2013 | metro vancouver new home guide 51
BURNABY
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jan 25 - feb 8, 2013 | metro vancouver new home guide 53
burnaby/new westminster
product they chose was a static HELOC, the majority of lenders would need them to re-apply to have the limit on their HELOC increased. Aside from the inconvenience of a new application process, which could be declined if there were any changes in employment (such as shifting from an employee to being self-employed, or simply having a spouse go on maternity leave) our investor would also be subject to ad-ditional legal and appraisal costs. All this because they didn’t get the right advice in the first place.
What they should have arranged is a re-advanceable mortgage/LOC combination. The difference is simple and obvious, but unfortunately many Canadians are still not familiar with the fact that they exist. As the name would suggest, a re-advanceable mort-gage is created in such a way that every dollar of equity that is created by paying down the mortgage portion of the loan, is re-advanced to the line of credit.
In the above example, the $50,000 that was used to reduce the mortgage would be automatically re-advanced to the client and made available to them in their line credit.
The original mortgage would be struc-tured exactly the same with $250,000 set up as a mortgage amount and $70,000 made accessible in the LOC. The difference with the re-advance-able mortgage is that as the $50,000 of equity is paid off the mortgage, the
Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real estate action Plan Visit
peterkinch.com or contact him at [email protected]
accessible equity in the line of credit is increased by that same $50,000. In other words, every dollar of equity that is paid off your mortgage is automatically re-advanced to your line of credit. There is no need to re-apply to have it re-advanced – it is done so auto-matically. And the best part is that any time you use money from your line of credit for an investment that has the intention of making money – the interest on the line of credit is tax deductible – a process that is commonly referred to as the smith Manoeuvre.
The proper use of this product is critical for the savvy real estate investor as it ad-dresses two critical areas. The first and most obvious is the fact that access to money for down payments is one of the biggest obstacles to the real estate investor. Using a re-advanceable mortgage/LOC allows an investor to build up funds toward their next down payment simply by making their mortgage payment every month and allowing it to accumulate in their LOC over time. The second less obvious advantage of this product is that it should forever eliminate the argument among couples over whether they should use a particular lump sum of money to pay down their mortgage or invest. proper uti-lization of this product will allow them to do both. simply apply the excess cash onto your principal residence mortgage, thereby reducing your immediate mortgage costs, and then have those same funds re-advanced to your line of credit where it can remain indefinitely available to you until such time that you are ready to invest.
At this point, it should be noted that there is absolutely no additional cost to having the limit on your line of credit increased. You pay interest only on the amount of money you access and only when you access it. It is for this reason that investors looking to access potential equity for the purposes of investing should always use this tool instead of refinancing with a brand new mortgage. If the entire amount of equity were to be accessed in the form of a mortgage, then you would be paying principal and interest payments on the entire amount from the very start of the mortgage.
When used for the purpose of making an investment that has the intention of making money, not only is this a prudent tool for tax purposes but it is also a tool that will help add to your net worth. so as we move into the spring and summer markets, remember, you’ll continue to read headlines about how Canadians are using their homes as ATMs and we should all be cautious about accessing too much equity in our homes to subsi-dize our lifestyles. You, on the other hand, will be utilizing the right tool to access equity to purchase properties that have enough cash flow to service the debt on the subject property and pay the interest on the line of credit. so don’t worry too much about what you read in the headlines, they’re talking about the other guys…
MortgAgE Loc $250,000 $130,000 $50,000 $200,000 $70,000
t h e m o r t g a g e m i n u t e | C O N T I N U E d
54 MEtro VAncouVEr nEw HoME guidE | jan 25 - feb 8, 2013
050-054 Mortgage Minute-Not all lines of credit are created equal_JY-WK.indd 54 1/22/13 4:01:08 PM
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jan 25 - feb 8, 2013 | metro vancouver new home guide 55
Coquitlam
A1. Cedar CreekCoast Meridian and David Ave. 604-880-1880
A2. Burke Mountain Heights
3479 Galloway Ave.778-285-6299
A3. Northbrook3431 Galloway Ave. 604-468-2212
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A5. HazelUnit B - 901 Lougheed Hwy 778-829-1500
A6. Farrington ParkCoquitlam Burke Mt 604-464-7985
A7. Riley 1320 Riley St. 604-468-7688
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B1. Dominion2423 Avon Place 604-469-8988
Coquitlam / Port Coquitlam / Port moody
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Austin Ave
Lint
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Heritage Mountain Blvd
Ioco RdLansdowne Dr
David Ave
Thermal D
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Lincoln Ave
Dominion Ave
Victoria Dr
Victor
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Prairie Ave
Ced
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Smith Ave
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Ford Rd
210t
h St
Dewdney Trunk Rd
River Rd
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108th Ave
104th Ave
102th Ave
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Maclure Dr
203r
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207t
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Hammond Rd
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S B
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216t
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123rd Ave124th Ave
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228t
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232r
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240t
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jan 25 - feb 8, 2013 | metro vancouver new home guide 57
Coquitlam/Port Coquitlam/Port moody
58 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
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JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 59
COQUITLAM/PORT COQUITLAM/PORT MOODY
s h o w h o m e o f t h e w e e k
Exploring CartE BlanChE’s sumptuous 3,928-sq.-ft. showhome is as pleasurable as sampling a decadent box of European chocolates. At each turn, a savoury surprise awaits – neutral richness in the Great Room, bedrooms filled with a ganache of colour, and tasteful pairings of rustic country and chic French inspired furnishings.
Nestled in the natural beauty of Coquitlam’s Burke Mountain, Wallmark’s boutique development features 16 custom homes, each built on an estate-sized private greenbelt lot ranging in size from 5,000 to 15,000 sq. ft. With just one customized lot remaining, the developer is now selling the coveted showhome, for
by Janine Mackie
Light French Country and touch of fun add personality to Coquitlam showhome
CARTE BLANCHE
just shy of $1.1 million, plus the option to purchase all the furnish-ings valued at more than $85,000. Even if that’s not in your New Year’s budget, Carte Blanche is certainly a place to dream and get ideas as to what’s trendsetting in everything from colour palettes to spa baths. The home itself was designed by local architect, Bob Rusbourne, who specializes in the design of single-family “Street of Dreams” homes with an emphasis on practical liveability. The home’s architecture was a jumping off point for interior designer Leslie Waters when styling the showhome.
“I decided to compliment the exterior with a light French Country feel to most of the rooms,” explains Waters.
French Country is defined by its elegant look, with a touch of nature and country mixed in. This look can be achieved by bring-
60 metro vancouver new home guide | jan 25 - feb 8, 2013
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ing in many of the elements at Carte Blanche: Natural inspiration, rustic country-inspired details, petrified or antiqued woods and decorative faux finishes such as the metallic colour blocks painted in the powder room.
For Waters, the exclusive interior designer for Wallmark Homes and owner of West Coast Design Interiors Ltd., a showhome’s decor doesn’t merely revolve around the creation of an aesthetic interior. It’s about creating a custom space that resonates with homebuyers even if that means juxtaposing beautiful silk drapery in one room with Bob Marley nostalgia in another.
If potential buyers step into the front door and have a peaceful sense of being home, that’s just the beginning of the adventure. She strives to create a display home that showcases its multiple purposes
Nestled in the natural beauty of Coquitlam’s Burke Mountain, Wallmark’s boutique development features 16 custom homes, each built on an estate-sized private greenbelt lot ranging in size from 5,000 to 15,000 sq. ft.
060-061-062-063 Showhome Carte Blanche_AY-WK.indd 61 1/22/13 4:01:29 PM
– places to dine and entertain, areas to unwind and relax, rooms teens will love and spaces enlightened by oversized acrylic canvases by local artists.
“I love good art. It’s the perfect way to express your own personality and style within your home,” says Waters. Two local artists, Carmel Clare and Lauren Schnarr generously put their paintings in the showhome on consignment.
Sales Manager Gina Halinda says these custom crafted homes have captured the fancy of buyers looking for a high-end alternative to the typical West Coast design. While an almost 4,000-sq.-ft. home may feel like a step up to many, the majority of buyers have actually been empty-nesters who are downsizing and love the oppor-tunity to work alongside a designer to personalize every aspect of their new home.
Don’t assume with its formal drawing room complete
with chandelier that this home is more pretense than prac-tical. Just around the corner the spacious laundry room and mud room are prepped to even handle dog dishes and an entourage of after-school backpacks should a family choose this home.
Handsome wire-brushed oak hardwood ties each room together while bringing warmth to the great room which includes a conversation area in front of the hand-painted fireplace surround, a formal dining area overlooking the backyard, and an impressive open-concept kitchen boasting professional-series appliances, floor-to-ceiling cabinetry and a sprawling island topped with double-width granite. Restoration Hardware was Waters destination for many of the showhomes’ key pieces including the kitchen stools and dining room chairs.
Showhome visitors won’t be alone if they dream of
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transplanting the gallant master bedroom into their own home with its two walk-in closets, handsome solid maple furniture, and spacious ensuite bathroom. This spa retreat features a step-down shower for a luxurious expansive space, private toilet area, as well as shapely Maax freestand-ing acrylic bathtub.
Upstairs there’s a great teen hangout complete with laptop and study nook, and two bedrooms lined with large windows and bay-window seats. The showhome’s basement is configured as a recreation and party room with a wet bar and wine cellar, media lounge and poker table. It’s not surprising the basement bedroom is the designer’s favourite, furnished with an eclectic collection of vintage finds she discovered along Com-mercial Drive.
Carte Blanche is sure to inspire home decor dreams with its elegant twist on the quintessential pleasures of life! Visit daily at 1321 Kingston St. in Coquitlam, open noon to 5 p.m. (except Fridays). Learn more at carteblanchehomes.ca or call 604.420.5220.
End TablE: Muse and Merchant
dining Room TablE: Antique Concepts, Langley
dining Room ChaiRs: Restoration Hardware
dining Room ChandEliER: Pine Lighting, Surrey
KiTChEn sTools: Restoration Hardware
living Room sofa: Jordan’s Casual Home
CoffEE TablE: Jordan’s Casual Home
masTER bEdRoom fuRniTuRE: Sandy’s Furniture (solid maple, made in BC)
boys basEmEnT bEdRoom: retro finds from Commercial Drive area
bEd linEns: Dream Makers Luxury Bedding and Urban Barn
oRiginal aRT: Carmel Clare and Lauren Schnarr
love it & have to have it? here’s the scoop on where to source these showhome finds:
REFRESH WITH PAINTWant to update your home in 2013? A great way to refresh your look is to incorporate today’s current paint colours and update your accessories, says interior designer Leslie Waters. “Always keep in mind that often less is more!” One of the season’s hottest colour trends is going GREIGE. Mysterious, elegant and a great background too. Try General Paints “Siberia” (CL2852W) which was used in Carte Blanche’s showhome throughout the living, dining, Great Room and master bedroom. Gorgeous on its own or paired with a darker shade like Benjamin Moore “Thunder” (AF-685) on ceilings, trim and wainscoting. Hot Hues for 2013 also include new colours that soothe, renew and even surprise like “Teal Tension” (Dulux Paint) and “Spring Willow” (Dulux Paint) used in the upstairs bedrooms.
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LOUGHEED HWY
MARY HILL BYPASS
LOUGHEED HWY
BARNET HWYST JOHNS ST
LOU
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HW
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LOUGHEED HWY
Dewdney Trunk Rd
Austin Ave
Lint
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Dewdney Trunk Rd
Heritage Mountain Blvd
Ioco RdLansdowne Dr
David Ave
Thermal D
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Gat
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St
Lincoln Ave
Dominion Ave
Victoria Dr
Victor
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Prairie Ave
Ced
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Coa
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Kingsway Ave
Nor
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Austin Ave
Como Lake Ave
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Ford Rd
210t
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Dewdney Trunk Rd
River Rd
Dewdney Trunk Rd
108th Ave
104th Ave
102th Ave
Jack
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Maclure Dr
203r
d St
207t
h St
Har
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Hammond Rd
Har
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S B
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216t
h St
123rd Ave124th Ave
224t
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227t
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228t
h St
224t
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116th Ave
Kanaka Way
232r
d St
240t
h St
240t
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248t
h St
272
nd St
Brunette Ave Dawes Hill Rd
Blu
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ount
ain
St
Mar
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ssy
St
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Maple Ridge
1. Bluetree Homes at Kanaka Creek
11176 Gilker Hill Rd.604-476-1188
2. Hampstead at Silver Ridge
13555 230A St.604-466-9278
3. Trails Edge24185 1068 Ave.604-805-4669
4. Springside24177 102 Avenue604-477-2959
Pitt Meadows / MaPle Ridge
64 metro vancouver new home guide | jan 25 - feb 8, 2013
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jan 25 - feb 8, 2013 | metro vancouver new home guide 65
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Meet the Builder EventYou’re invited to our...
Sunday, January 27 12:00 - 3:00pm
66 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
PITT MEADOWS/MAPLE RIDGE
now sellin
g
Sales Centre open daily 12-511176 Gilker Hill Rd., Maple Ridge604-476-1188
See more at bluetreehomes.ca
at kanaka creek
From $304,900
*Ask sales staff for details. Prices are subject to change without notice. HST not included. E.&.O.E.
Schools, natural setting, family-friendly neighbourhood. Spacious floorplan, main floor powder room, bonus rec room, decks with a view.
$10,000 First Time Buyer Bonus*
Kanaka Creek3 & 4 BED TOWNHOMES
Insertion: right hand pageDue: Jan. 21– 5pm
Kanaka Creek ad for New Home Guide8" x 10" + .25" bleed all aroundFile Name: BLU23004_Kanaka_ad_NHG_Jan21.aiJan. 21/2013/suikiHD/suiki
HANEY BY-PASS
GO
LDE
N EA
RS W
AY
LOUGHEED HWY
22
4 S
T
23
2 S
T
24
0 S
T
216
ST
20
3 S
T
96 AVE
TRANS-CANADA HWY
DEWDNEY TRUNK RD
DEWDNEY TRUNK RD
HA
RR
IS RD
128 AVE
132 AVE210
ST
AIRPORT WAY
LOUGHEED HWY
KANAKA WAY
mcmillanisland
barnstonisland
KANAKA WAYgil
ker
hil
l rd
LOUGHEED HW
Y
KanakaCreek
Fraser River
You Can Really LIVE Here
RICHMOND
A1. Southpoint Cove#2 Rd. & Andrews Rd.southpointecove.com
A2. South Arm GardensPresentation Centre#100 - 12235 No 1 Rd.604-274-7326
A3. Remy9388 Cambie Rd.604-279-8866
A4. The Pier at London Landing6160 London Rd.(No 2 Rd. & London Rd.)604-274-7326
NORTH DELTA
B1. Capella10595 Delsom Crescent604-581-8144
RICHMOND / DELTA / LADNER / TSAWWASSEN
Frase
r Rive
r
Frase
r Rive
r
Westminster Hwy
Granville Ave Granville Ave
Blundell Rd Blundell Rd
Francis Rd
Williams Rd
Francis Rd
Steveston Hwy Steveston Hwy
Moncton St
Westminster Hwy
RICHMOND HWYAlderbridge Way
Bridgeport Rd
River Dr
No
5 Rd
No
6 R
dN
o 6
Rd
No
5 Rd
KNIG
HT
ST
No
4 Rd
No
3 Rd
No
4 Rd
Gar
den
City
Rd
Shel
l Rd
Railw
ay
Ave
No
1 Rd
No
3 Rd
No
2 Rd
41st
B S
t
53rd
St
Arthur D
r
River Rd W47th A Ave
56th
St
28th Ave
62nd
B S
t
River Rd
48th Ave
Rive
r Rd BURNS DR
Gilb
ert Rd
River Rd
Russ B
aker
Way
Grant McConachie Way
VancouverInternationalAirport (YVR)
VancouverInternationalAirport (YVR)
99
17
17
99
91
Deas IslandRegional ParkDeas Island
Regional Park
Garry PointPark
Garry PointPark
RichmondNature ParkRichmond
Nature Park
South ArmPark
South ArmPark
1st Ave
12th Ave
Engl
ish
Bluf
f Rd
6th Ave
4th Ave
Finn Rd
Cambie RdCambie Rd
RichmondCentre
RichmondCentre
LansdownePark Mall
LansdownePark Mall
No
3 Rd
A1
A4
A2
A3
RICHMOND
North DeltaPark
North DeltaPark
Delta NatureReserve
Delta NatureReserve
MackiePark
MackiePark
ChalmersPark
ChalmersPark
75A Ave
Monroe Dr
Wiltshire BlvdSanta M
onica Dr
Barrymore D
r
80 Ave
80 Ave
82 Ave
84 Ave
90 Ave
96 Ave
78B Ave
119A St
118 St
SCO
TT RD
72 AVE
NORDEL
WAY
NO
RDEL W
AY
RIVE
R RD
AN
NAC
IS HW
Y
112 St112 ST
75 Ave
113 St
115 St
116 St116 St
74 Ave
91
NORTH DELTA
No
3
River RdRdRd WW4747th A Avee
Rive
r Rd
53A St
Beach Grove Road
55 St
53A St
8A Ave 8A Ave
18 Ave55 St
52 St52 St
Jackson Way
Beach GroveGolf CourseBeach GroveGolf Course
CoastTsawwassen Inn
CoastTsawwassen Inn
Grauer ParkGrauer Park
TsawwassenGolf Club
TsawwassenGolf Club
SplashdownPark
SplashdownPark
SouthDelta Park
SouthDelta Park
CemeteryCemetery
Boundary BayRegional ParkBoundary BayRegional Park
56 St56 St
12 Ave 12 Ave
English Blu� Rd17
TSAWWASSEN
B1
68 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
CLIENT: Steveston Real Estate - The PierFILE NAME: ThePier_NHG_FullPg_Jan25.inddLINE SCREEN: 200lpiFONTS: Meadow Pro; ITC Officina Sans
DATE: Jan 18, 2013 AD SIZE: 7.25” w x 9” h PUB: New Home GuideOPERATOR: CH
■ ■ ■ ■ BLACK ■ ■ ■ ■ CYAN■ ■ ■ ■ MAGENTA ■ ■ ■ ■ YELLOW
Presentation Centre
12235 No.1 Rd, Steveston
Mon to Fri: 9am – 5pm
Preview today!604.274.7326
now selling!
thepierlifestyle.com
The latest addition to Steveston’s iconic waterfront, The Pier promises a rich and luxurious lifestyle on the water’s edge. Set above street-level retail, The Pier at London Landing is a collection of 76 beautiful, high-end condominiums overlooking a vibrant pedestrian-friendly plaza, a public waterfront park, lush riverside walkways, and an array of shopping options. Boasting incredible views and easy access to both Steveston Village and urban amenities, these premium view condos and penthouse units won’t be available for long.
This is not an offering for sale. E.&O.E.
SALES AND MARKETING BYFrom a group that has chosen anenviable location and elevated it!
LAST CHANCE TO OWN
STEVESTON WATERFRONT
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 69
RICHMOND/DELTA/LADNER/TSAWWASSEN
CLIENT: Oris - Remy NCG Ad FILE NAME: 1031F Remy_NHG_Jan2013.inddAPPLICATION: Indesign CS4 LINE SCREEN: 200lpiFONTS: Berthold Akzidenz Grotesk, ITC Officina Sans, Halvorsen, Frutiger
DATE: Jan 18/2012TRIM SIZE: 7.25”wide x 9”high PUBLICATION: New Home GuideBLEED: 0.125” OPERATOR: CH
SaleS & Marketing:
99
BRIDGEPORT RD
TO HWY 91
CAMBIE RD
ABERDEENCANADA LINESTATION
ALDERBRIDGE WAY
GA
RD
EN
CIT
Y R
D
ODLIN RD
NO
.4 RD
NO
.3 R
D
TO VANCOUVER
AIRPORT (YVR)
SEA ISLAND WAY
DISCOVERY CENTRE:9388 Cambie Rd., Richmond
OPEN HOURS: Monday to Thursday 1- 4pm
Saturday and Sunday 12- 4pm
LiveAtRemy.com
604.283.2109Offers apply to South Tower only. Upgrade Package is not available in conjunction with other REMY promotions. See Sales Team for full offer details. Some restrictions and exceptions may apply. This is not an offering for sale, any offerings can only be made with a Disclosure Statement. E. & O. E.
First time buyers, ask a
REMY Sales Associate
for full details.
PlusGET AN ADDITIONAL
HOME BUYERS’ REBATE$ 10,000
NET TaxEs INCLUDED
2 BEDROOMBLOWOUT saLE
All 2 bdrm units include our uPGRADE PACKAGE VaLUED aT UP TO $10,000
PRICED aT $298,800
70 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
RICHMOND/DELTA/LADNER/TSAWWASSEN
CLIENT: SEAN LAWSON - STEVESTON REMAXFILE NAME: 1042B Kraftsmen SouthArmNHG_hpg_horz_Jan2013.inddAPPLICATION: Indesign CS4 LINE SCREEN: 200lpiFONTS: Oblik, ITC Officina SansRUN DATE: January 16/2013
TRIM SIZE: 7.25” wide x 4.375” high PUB: NHGOPERATOR: CH
F i l e I n f o r m a t i o n
SouthArmGardens.com 604.998.4526 This is not an offering for sale. Any such offering must be made with a disclosure statement. E.& O.E.
Featuring free-flowing layouts, thoughtful finishes, and open concept kitchens. Adjacent to parks, pools, and a community centre, these homes offer you the freedom to express yourself, or a quiet corner to relax.
Exclusive Collection of15 Luxury Townhomes
NOW SELLING! FROM $498,800
DISPLAY HOME NOW OPEN!
jan 25 - feb 8, 2013 | metro vancouver new home guide 71
richmond/delta/ladner/tsawwassen
IF “NOTHING IS CERTAIN BUT DEATH AND TAXES,” as several famous authors have waxed in various forms, it seems Canadians have a curious way of preparing for the inevitable.
While the deadline for contributing to one’s Registered Retirement Savings Plan (RRSP) for the previous tax year is March 1, and for � ling a return April 30, many Canadians take it right down to the wire – especially on the � rst point.
With these deadlines not too far around the corner, it’s an appropriate time to discuss how consumers tend to begin most of their tax planning.
Indeed, as many experts suggest, the best tax planning should begin during the year – not at tax deadline time. But, like death, perhaps Canadians just don’t like to think about taxes, viewing them as an equally unsavoury topic.
How else would you explain that, looking at the bigger picture, we are seemingly even more short-sighted: personal � nance and taxes are not subjects that are taught to any depth in our public education system. David Chilton lamented this fact in his 1989 best seller, The Wealthy Barber. More than 20 years later, the challenge still exists – for Canadians of every age.
f u n d a m e n t a l l y s p e a k i n g
Wayne Karl is an award-winning writer and editor with experience in real estate and
business. In Fundamentally Speaking, Wayne explores the basics – such as economic
fundamentals – you need to examine when buying property. He can be reached at
[email protected] or follow him on Twitt er at Twitt er.com/WayneKarl
CONSIDER, FOR EXAMPLE:» A recent CIBC poll conducted by
Harris/Decima shows that many Canadians across a wide range of ages say they do not feel � nancially prepared for their retirement.
» According to a new TD Retirement Realties Poll, too many Canadians procrastinate in saving for retirement; 15 per cent plan to save for retirement for only less than � ve years before leaving the workforce. More than two-thirds (69 per cent) of retirees say, in hindsight, they should have saved for retirement for 25 years or more
» A recent BMO study found that more than a third (40 per cent) of Canadians are unclear on the differences between an RRSP and a tax-free savings account.
» If, like many Canadians, you believe that you pay too much tax, then tax-planning, and thinking of ways to minimize tax, should be a year-round task.
SOME SUGGESTIONS, COURTESY OF A VARIETY OF SOURCES:Meet with a � nancial advisor to devise your strategy, including plans to buy a home, reduce debt and save for retirement.
Contribute to RRSPs regularly, even if smaller amounts throughout the year to avoid having to come up with a large lump sum at deadline time.
Manage and budget your spending, to better control where and how you spend and identify opportunities to save.
Remember that your � nances are connected. Making progress on one aspect of your goals can lead to an opportunity to improve in others.
Taxes are indeed certain, so planning to minimize what you pay, while maximizing your assets and developing the discipline to do both, is a sound strategy.
by WAYNE KARL
IT’S NEVER TOO EARLYTO BEGIN YOUR
tax-planning
72 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
072 FS-Tax planning_JY-WK.indd 72 1/22/13 4:01:56 PM
The Most Livable New Community only 30 minutes from Vancouver.Single Family Homes from $489,900.
This is not an offering for sale. An offering for sale can only be made after filing a disclosure statement. Photos and renderings are representational only. E&OE.
PEACE ARCH NEWSCLIENT: Aquilini
PROJECT: Tsawwassen Shores
INSERTION DATE: JAN, 2013
SIZE: 7.25” x 9”
CMYK
» Masters-on-the-main» Oceanside lifestyle» Close to Ladner Village » Local leisure
Visit our website to register, or call
604.943.6677 tsawwassenshores.com
The ocean is your backyard. A dream come true.
Tsawwassen Shores is a new masterplanned
community, with masters-on-the-main,
townhomes and condos – and a new destination
shopping village. Only 19 single family homes
in Phase One. Act now, they will sell quickly.
YOUR NEW BACKYARD
Presentation Centre and Model Homes opening soon.
seafair realtyan independent member broker
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 73
RICHMOND/DELTA/LADNER/TSAWWASSEN
CHART FIGURE MORTGAGE AMOUNT÷ 1,000
INTEREST RATE MONTHLY PAYMENTAMORTIZATION PERIOD
CALCULATE YOUR MORTGAGE PAYMENTS
01Calculate the combined monthly before-tax income of you and
your spouse.
02Divide by three. This figure is the monthly payment you can afford to
make on your home.
03Take the total price of the home and subtract the amount of money you
expect to make as a down payment. This is the money you will have to borrow.
04Refer to the chart on the opposite page. Look down the left column
and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)
05Multiply this figure by the amount you need to borrow. Divide by 1,000.
06Add to this your estimated monthly heating costs and monthly
property taxes.
07If this figure is equal to or less than one-third of your gross monthly
income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFYFOR A MORTGAGE ON YOUR DREAM HOME
EXAMPLE: 5% 25 YEARS 5.82(MORTGAGE AMOUNT $125,000)
125 $
74 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013
074-075 Homebuyers Resource-AY.indd 74 1/22/13 4:04:54 PM
MORTGAGE PAYMENT CALCULATION CHART
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $300,000 mortgage with a 25-year amortization period at 5% is as follows: ($300,000 ÷ 1,000) X 5.82 = $1,746
AMORTIZATION PERIODS
INTERESTRATES
10YEARS
15YEARS
20YEARS
25YEARS
3.00% 9.65 6.90 5.54 4.73
3.25% 9.76 7.02 5.66 4.86
3.50% 9.88 7.14 5.79 4.99
3.75% 9.99 7.26 5.91 5.13
4.00% 10.11 7.38 6.04 5.26
4.25% 10.23 7.50 6.17 5.40
4.50% 10.34 7.63 6.30 5.53
4.75% 10.46 7.75 6.44 5.67
5.00% 10.58 7.88 6.57 5.82
5.25% 10.70 8.01 6.74 5.96
5.50% 10.82 8.14 6.85 6.10
5.75% 10.94 8.27 6.98 6.25
6.00% 11.07 8.40 7.12 6.40
6.25% 11.19 8.53 7.26 6.55
6.50% 11.31 8.66 7.41 6.70
6.75% 11.43 8.80 7.55 6.85
7.00% 11.56 8.93 7.69 7.00
7.25% 11.68 9.07 7.84 7.16
7.50% 11.81 9.21 7.99 7.32
7.75% 11.94 9.34 8.14 7.47
8.00% 12.06 9.48 8.28 7.63
8.25% 12.19 9.62 8.44 7.79
8.50% 12.32 9.76 8.59 7.95
8.75% 12.45 9.90 8.74 8.12
9.00% 12.58 10.05 8.86 8.28
9.25% 12.71 10.19 9.05 8.45
9.50% 12.84 10.33 9.20 8.62
9.75% 12.97 10.48 9.36 8.78
10.00% 13.10 10.63 9.52 8.95
10.25% 13.24 10.77 9.68 9.12
10.50% 13.37 10.92 9.84 9.29
10.75% 13.50 11.06 10.00 9.46
11.00% 13.64 11.22 10.16 9.63
11.25% 13.77 11.36 10.32 9.80
11.50% 13.91 11.52 10.49 9.97
11.75% 14.04 11.66 10.65 10.15
12.00% 14.18 11.82 10.81 10.32
12.25% 14.32 11.97 10.98 10.49
12.50% 14.46 12.13 11.15 10.67
12.75% 14.59 12.28 11.31 10.85
%
JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 75
074-075 Homebuyers Resource-AY.indd 75 1/22/13 4:04:54 PM
ABBOTSFORD Abacus Uptown LR 604-854-1201 CallAuguston SF 604-308-8660 From $559,000 Argyle TH 604-557-5959 Call Brooklyn LR 604-746-3496 From $169,900Cedar Landing TH 604-533-3491 From $289,000Creekside on Downes SF 604-850-4518 From $579,900 Eagle Estates SF 604-217-0455 From $829,000 incl. HST Eagles Gate SF 604-309-7729 From $373,500Falcon Ridge SF 604-309-0540 From $789,000Foxwood SF 604-850-5040 From $524,900 incl. HSTLift LR 604-557-1047 From $98,600Luna TH 778-895-5862 From $289,900 incl. HST Mahogany at Mill Lake HR 604-746-1551 Call Pepin Brook SF 604-856-1118 From $549,900 Waterleaf LR 604-850-3694 From $179,000Westerleigh TH 604-607-7801 From $269,900
BURNABY Affinity HR 604-453-5893 Call Altitude HR 604-456-8883 From Mid $200’sAviara HR 604-291-9130 From $352,800Casa d’oro TH 604-436-1100 From $499,900Cassia TH 604-568-8270 Call Eden at Edmonds TH 604-329-8228 Coming SoonFirma LR 604-205-7127 Call Highland House LR 604-941-4663 From $209,900Kabana LR 604-288-7394 Coming SoonLift LR/TH 604-320-3386 CallMadison LR liveatburnabyheights.com Coming SoonMet, The HR 604-899-8800 From $297,900Met, The TH 604-899-8800 From $749,900Metro One LR 604-435-9477 CallMetro Two LR 604-435-9477 From $439,900Metro TH 604-435-5565 CallMetroplace HR 604-435-8866 CallModa HR 604-871-4256 From $330,900Montage LR liveatburnabyheights.com Coming SoonNorth Parc LR 604-889-7008 From $274,900OakTerra LR 604-431-6033 Call Panacasa LR/TH 604-437-0100 From $239,900 Parkside Greene TH 604-435-7088 From $299,900 Reflections HR 604-525-8496 Call Sevens, The TH 778-378-7777 From $299,000Silver HR 604-435-8866 From $300’sSixth Street Villas TH 604-727-8707 From $429,000Solo District HR 604-298-8800 From $249,900Trio LR 604-218-3338 From $249,900Vantage HR 604-294-3339 CallVenice LR veniceliving.ca Coming Soon Vibe LR 604-970-9606 From $259,900Westridge Living TH 778-995-9198 From $437,900
CHILLIWACK / SARDIS Ameera LR 1-888-419-7425 From $125,900 Englewood Village SF 1-888-827-8823 From $209,900 Garrison Crossing SF/LR/TH 604-824-5062 Call Heron’s Landing 604-858-7179 From $269,900Jinkerson Vistas SF 1-877-858-2408 From $399,900 net HST incl.La Cason LR 1-800-830-7175 From $184,900 Ranchero Estates TH 1-800-795-2955 From $239,900 Summit Residences, The SF 604-824-6473 From $508,000 incl. HST Solara SF 604-702-0818 Call Townsend Terrace TH 1-800-830-7175 From $242,900
COQUITLAM 1123 Westwood HR 604-472-1123 CallAmberleigh SF 604-514-4359 Coming SoonAustin HR 604-931-0302 From low $200’sBirchwood Estates at the Foothills SF 604-461-7777 CallBloom LR/TH 604-939-8808 $249,900Breeze Residences TH 604-374-4329 From $399,900
Burke Mountain Heights SF 778-285-6299 From High $700’s Carte Blanche SF 604-461-7777 CallCascade LR 604-472-0009 Call Cedar Creek TH 604-880-1880 From $419,900 Celadon HR 604-552-7744 Coming SoonCitadel Heights SF 604-468-2169 From $699,000Creekstone Trail SF 778-898-0435 Call Easton LR 604-936-2012 From Low $200’sEmerson LR 604-936-9300 CallEvergreen HR 604-942-2672 From $267,900Farrington Park TH 604-464-7985 From $369,900Grand Central 1 HR 604-618-8980 From $419,900Grand Central 2 HR 604-936-1888 From $384,900Grand Central 3 HR 604-936-1888 From $299,900 Hazel LR 778-829-1500 From $220,500 incl. HST Kingston SF 604-514-4359 Coming SoonMThree HR 604-472-9555 CallMaya LR 604-288-9888 CallMackin Park LR 604-939-8874 From $199,900Meridian Heights SF 604-533-3491 CallNorthbrook TH 604-464-4155 From $359,900Oasis HR 604-464-2701 Call Riley TH 604-468-7688 From $349,900Secret Ridge TH secretridge.ca Coming SoonSolo David SF 604-878-7656 CallSomerton SF 604-469-8581 From $699,900 incl. HSTSouthview at Burke Mountain SF 604-533-3491 From $778,582 Sterling SF 604-464-2260 From $689,900 Tamarack LR 604-552-3003 From $279,900Thomas House LR 604-552-1113 From $349,900Wynwood TH 604-942-2239 From $349,900
DELTA LADNER Canu LR 604-940-5533 From $324,900 NORTH DELTA Atria LR 778-565-3879 CallCapella TH 604-581-8144 From $519,900Luxor LR 604-590-8003 From $199,900 South Pointe SF 604-584-2908 From $699,900 incl. HST TSAWWASSEN Tsawwassen Heights SF 604-271-7288 Call Tsawwassen Springs SF/LR 604-948-HOME Call
LANgLEY Ascot SF 604-571-6400 From Low $600’sAthenry Gate LR 604-882-8857 From $137,500Bearing Pointe LR 604-530-7011 From $194,900Cornerstone LR 604-534-6000 From $169,900 Elements LR 604-533-7718 From $159,900 net HST incl.Flat Iron LW 604-888-2793 CallFocus TH/LR 604-568-3385 Coming Soon Hart TH 604-568-3385 Coming Soon Milner Heights SF 604-539-9484 Call Seasons SF 604-539-9484 From $599,900 Murray’s Walk LR 604-510-6500 CallNature’s Walk TH 604-888-8370 CallOutlook TH 604-888-8778 Call Red Maple Park TH 604-888-8699 From $289,900 Serenade LR 604-635-0643 From $309,900 Shaughnessy Mews TH 604-888-4044 CallSuede LR 604-514-1530 From $174,900 Varsity LR 604-539-2200 From $139,900Village at Bedford Landing LR 604-888-2793 From $244,900 Virtue TH 604-534-6000 From $294,900 York TH 604-568-3385 From $299,900 Yorkson Creek LR yorksoncreek.com From $179,900Yorkson South SF 778-785-1673 From $440,000
MAPLE RIDgE 223 North LR 604-463-0588 From $139,900Cottonwood Ridge TH 604-351-3261 Call
Representing the best in New Home Sales across the Lower Mainland from Townhomes to Condos.
Real EstateSales & MarketingFrom the ground up
Homes starting in the $150’s
FIFTHAVE.CA
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO)
BRITISH COLUMBIA’S NEW HOME DEVELOPMENTSP R O j E C T T Y P E C O N T A C T P R I C E P R O j E C T T Y P E C O N T A C T P R I C E
76 METRO VANCOUVER NEW HOME gUIDE | jan 25 - feb 8, 2013
Representing the best in New Home Sales across the Lower Mainland from Townhomes to Condos.
Real EstateSales & MarketingFrom the ground up
Homes starting in the $150’s
FIFTHAVE.CA
Falcon Centre LR 604-477-1500 CallForest Hills SF 604-575-5262 CallHampstead at Silver Ridge SF 604-466-9278 From $459,900Kanaka Creek TH 604-476-1188 From $329,900Mainstone Creek SF 604-463-5000 Call Maple Creek TH 604-908-2352 From $469,900Parc Vue LR 604-467-8884 Coming SoonPointe, The SF 604-999-2452 From $489,900Spencer’s Green SF 778-237-5713 CallSpringside SF 604-465-6886 From $389,900Trails Edge TH 604-805-4669 From $459,900
MISSION / HARRISON Fraser Landing TH 1-888-826-1177 From $249,900Horizons TH 1-888-826-1177 From $319,800
NEW WESTMINSTER Alexander Walk TH 604-779-1292 From $349,900 Brewery District LR 604-694-1188 Coming SoonCarlyle at Victoria Hill HR 604-523-0733 CallDominion HR ledmac.com/dominion From $299,900Elliot St HR 604-524-8080 From $224,900English Mews TH 604-517-1688 From $329,900Flow TH 604-520-9880 $508,900 net HST incl. Grove, The LR 604-523-0733 Call Marinus @ Plaza 88 HR 604-519-9188 CallNorthbank HR 604-523-0081 From S261,900 Parkside HR 604-523-0733 CallRed Boat at Port Royal SF 604-520-9890 From $536,900 Red Boat at Port Royal DP 604-520-9890 From $457,900 Regatta at Port Royal LR 604-520-9890 From $390,900 Shift LR 778-397-2283 From Low $200’sThompson Landing SF 604-520-3226 From $476,900 Viceroy LR 604-522-2583 From $321,900
NORTH VANCOUVER 700 Marine Drive LR/LW 604-984-0700 From $299,000Atrium at the Pier MR/TH 604-983-9065 CallCapstone MR 604-929-8870 Call Destiny 2 at Raven Woods LR 604-929-1915 From $289,900 Drive, The LR 604-986-8138 Call Kimpton, The LR 604-988-3020 From $359,900 Landing, The MR 604-983-9065 Call Latitudes TH 604-435-9477 From $469,900Local on Lonsdale HR/LR/TH 604-998-0219 From $309,900 Orizon LR 604-638-6240 From $299,900Pinnacle Residences at the Pier MR 604-983-9065 CallPrescott HR 604-969-3333 From S248,900 Remix LR 604-924-8885 CallVersatile Building, The HR 604-924-5595 From Low $300’s
PITT MEADOWS Cedar Downs LR 778-846-3200 From $194,900Liv42 LR 604.460.6601 From $134,900Solaris at Meadows Gate HR 604-460-8998 Call
PORT COQUITLAM Avanti LR 604-468-2707 From $215,800 Burleigh Walk LR 604-464-5856 From Low $200’sCarmandy LR 604-435-9477 From $209,900 Dominion TH 604-469-8988 CallResidences on Shaughnessy LR 604-468-0010 From $199,900Shaughnessy, The HR 604-468-8252 Call South Verde LR 604-468-8640 Call Valorie on the Park LR 604-464-4764 From $175,000
PORT MOODY Residences, The HR 604-552-0552 Call Station, The TH thestationliving.ca Call
RICHMOND Alexandra Gate TH 604-274-7326 Call Altis HR 604-231-0588 From $298,800Bravo HR 778-297-6222 From $298,800
Camber LR/HR 604-276-0677 Call Centro HR/TH 604-270-8305 From $389,900 Concord Gardens HR 604-233-7748 From $236,800Currents TH 604-274-7326 Call Emerald HR/TH 604-244-8333 From $288,000 Empire Living TH 604-244-9622 Call Gardens, The LR 604-271-3331 From $241,800Hamilton Station TH 604-274-7326 From $359,900 Karat TH 604-725-1250 Call La Villa TH 604-377-3068 Call Mandarin MR 604-233-1687 From $299,900Mayfair Place LR 604-278-5809 From $324,900Mezzo TH 604-725-1250 Call Mohali TH 604-377-2051 From $438,000 incl GST Monet HR 604-233-7748 From $288,900Nova HR 604-278-8883 From $299,900 Omega LR 604-233-7748 From $279,900Opal at Richmond Centre HR 604-303-7575 From $464,900 Ora HR 604-278-8838 Call Orchard LR 604-303-8819 From $259,900Orchid Lane TH 604-307-0400 From $399,900 Parc Riviera LR/TH 604-231-5900 From $200’sParc Riviera TH 604-231-5900 From $400’sPier, The LR 604-274-7326 CallRemy LR 604-279-8866 From $211,900Quintet HR 604-247-8885 CallRiva LR 604-278-8838 CallRiver Green MR/TH 604-233-2633 CallRiver Inlet MR/TH 604-233-2633 Call River Park Place HR riverparkplaceliving.ca From $299,900Rosedale Gardens TH 604-961-6919 Call Saffron LR 604-270-2482 Call Sonalta Residences TH 778-990-6688 From $628,000South Arm Garden TH 604-998-4526 From $498,800Southpointe Cove TH 604-273-2828 CallWestminster Terrace TH 604-204-1077 Call
SUNSHINE COAST Viewpoint Residences LR 1-888-385-3295 From $199,900 Wakefield Beach SF 1-888-741-9899 Call Waterfront @ Porpoise Bay TH 1-888-361-5500 Call
SQUAMISH / WHISTLER Elaho TH 604-898-2232 Coming Soon Ocean Crest SF 604-896-2235 From $1,298,000 Ravens Plateau SF 1-888-852-7575 Call Aqua TH/LR 1-877-344-5566 From $239,000 Streams at Eaglewind TH 1-877-892-5888 From $405,000 University Heights LR 1-888-852-7575 Call
SURREYAlexa TH 604-583-2555 From $436,900 incl. net HSTAltura TH 778-578-5275 From $329,900 Atria LR 778-565-3879 CallAscend LR 604-596-2202 From $170’sBalance LR tiensher.com Coming SoonBishop Creek TH 604-588-0005 From $339,900Blossom Court TH 778-395-4109 From $339,900 net HST incl.Boardwalk TH 604.506.1852 From $339,900 incl. net HSTBrookland, The LR 604-395-3080 $169,900Cambridge Park TH 604-535-9633 From $279,900 Canvas TH liveatcanvas.com Coming SoonCitypoint HR 604-580-4199 $186,900Connect LR 778-395-1886 From $118,800 Edge LR 778-395-7704 Call Edgewood TH 604-644-7811 From $344,900Enclave at Boundry Park TH 604-657-3709 From $349,900Encore at Maple on 164th TH 604-716-9506 CallEnglish Mews TH 604-517-1688 From $329,900Ethical Gardens LR 604-584-1172 From $235,900Fusion TH 778-578-9779 Coming SoonG3 Residences HR 604-453-6688 Call
BRITISH COLUMBIA’S NEW HOME DEVELOPMENTSP R O j E C T T Y P E C O N T A 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)
P R O j E C T T Y P E C O N T A C T P R I C E P R O j e C t t Y P e C O n ta C t P R i C e
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information,
please contact our office at 604.519.6080, fax 604.519.6088, or email [email protected]
jan 25 - feb 8, 2013 | METRO VANCOUVER NEW HOME gUIDE 77
Guildford Greens TH 604-307-0400 From $349,900Highlands at Sullivan Ridge SF 778-565-7768 From $669,900 incl. HSTKendra TH [email protected] Coming SoonLatis LR 604-575-0669 From $194,900Latitude LR 604-596-5075 From $264,900Links, The SF 778-574-2550 From High $600’s Lumina LR 604-760-7672 From $249,900 inc. net HSTMadison TH 604-543-6262 From $320,000Mirra LR 604-575-9009 CallMonterosso LR 604-596-8828 From $249,900 Oliver’s Lane SF 604-543-3868 From $489,900 Panorama Station TH 604-372-2275 From $299,800Panorama West Village TH 778-885-6700 CallPanorama Woods TH 778-593-9954 From $329,900Park Avenue HR 604-233-7748 Coming SoonPark Place HR 604-583-9866 From $182,900 Quattro 3 LR 604-581-8000 From $199,900 Rockwoods TH 604-503-1188 CallSequoia TH 604-575-7366 From $329,900Silverwood TH silverwoodliving.ca From $300’sTeo Hyland Residences TH 604-288-8918 From $299,900Ultra at West Village TH/HR 604-588-6999 From $186,900 Vantage SF/TH 604-579-0247 From $345,900 incl. HSTVerve LR 604-588-3783 From $160’sWalks, The CG/TH 604-440-8070 Coming SoonWave HR 604-951-9283 CallCLOVERDALE Allegro TH 604-574-5415 From $335,900Clayton Heights TH/DU 604-723-4497 From $549,900Clayton Rise TH 778-278-0030 $282,900 Ebbens Crossing DU 778-389-7074 From $469,900Grove, The TH 604-533-6968 CallGrove at Cambridge, The TH 604-597-7177 CallHighgrove at Provinceton SF 604-888-8758 From $599,900Hillcrest TH 604-575-5569 CallLa Rue TH 604-575-8518 From $279,900 inc HSTOne92 LR/TH 604-576-1772 From $199,000 Sun 72 TH 604-575-8806 From $292,900 Salix LR 604-530-0054 From $229,900Sunset Grove LR 604-532-7711 From $211,900 Uptown Clayton Village TH 778-574-0146 From $339,900 Waterstone LR 604-530-5399 From $219,900
VANCOUVER & AREADOWNTOWN 540 Beatty LR 604-684-5403 From $869,000 999 Seymour MR 604-879-9996 From $325,900Alexandra HR 604-899-8800 From $839,900Erickson HR 604-899-8800 From $2,499,000Fairmont Pacific Rim Estates HR 604-781-4303 Call Jameson House HR 604-339-0707 Call Keefer LR 604-408-2580 From $1,600,900Keefer Block LR 604-682-8813 Coming SoonLaguna HR 604-682-5300 From $900,000 Living Shangri-La HR 604-605-8833 CallMaddox HR 604-669-8200 From $319,900Mark, The HR 604-687-4353 Call Modern HR amacon.com From $300’sOne Pacific HR 604-899-8800 Coming SonnRitz, The HR 604-876-9222 Call Rolston, The HR 604-688-8927 Call Sapphire, The HR 604-876-9222 Call Three Harbour Green TH/HR 604-683-3388 CallEAST SIDE 2nd & Commercial LR 604-800-8862 From $269,90016 East TH 604-724-6335 From $699,900Alba LR 604-251-2522 From $327,000Avant TH 604-298-2240 From $618,900 Block 100 HR 604-682-8801 CallBohème LR 604-569-3388 From $227,900Central HR 604-687-4353 Call Charm LR 604-330-8838 $266,900 Cedar 54 LR 604-325-0192 Call Jeffs Residences, The TH 604-558-1907 CallLatitude TH 604-377-1362 From $688,000Local LR 604-688-5527 From $349,900Majestic On Main LR/TH 604-638-9222 From $399,900
Meccanica HR 604-876-8819 From $324,900River Walk TH 604-438-2858 From $698,000Sesame LR 604-253-8888 From $259,900 Shine MR Coming SoonSkyway HR 604-436-1100 CallUptown LR 604-899-8800 From $276,800 Woodshire TH 604-719-1700 From $420,900 WEST SIDE 6 & Fir HR 604-899-8858 From $449,900700 West 8th HR 604-714-2213 From $819,900 5555 Dunbar LR 604-568-7551 From $300,000’sAcademy HR 604-228-8895 From $498,000Alder Crossing TH/Flats 604-600-5405 From $269,900Anchor TH Coming SoonBayswater LR 604-739-8880 CallBlanc TH 604-600-8790 blancmodern.comCambie & 7th HR/TH 604-568-5060 CallCollection 45 LR 604-569-1555 CallElizabeth LR 604-877-1722 CallExchange LR 604-716-0483 Call Fairview Green TH 604-742-1070 From $1.3 million Granville Mews TH 604-261-8088 CallJames MR 604-675-1000 From $424,900 Kits360 LR 604-737-0360 From $299,900 Lido HR 604-872-2672 From $458,900Maynards Block, The LR 604-893-8378 From $262,900 MC2 HR 604-638-9998 From $259,000McKenzie Green TH 604-558-2908 From $998,800Montgomery TH 604-369-6641 From $619,900Opsal HR 604-876-7332 CallPinnacle Living Broadway MR 604-739-2080 From $429,900 Pinnacle Living False Creek MR 604-874-8368 From $369,900Prelude MR 604-616-7008 CallRadius ledmac.com/radius Coming SoonRiley, The LR 604-616-7008 CallSixth and Willow sixthandwillow.com Coming SoonSydney HR 604-733-6688 $468,900Village on False Creek, The MR 604-874-8368 From $385,500 Westerly, The LR 604-568-3399 From $300,000’sWEST VANCOUVER Evelyn LR 604-922-0330 Call Lido HR 604-872-2672 From $458,900
WHITE ROCK / SOUTH SURREY Abbey Road TH 604-542-0660 From $349,900Adagio LR 604-531-6659 Coming SoonArista TH 604-536-8887 From $344,900Augusta TH liveataugusta.ca From $429,900 net HST incl.Avra HR 604-531-9030 From $339,900 Belcroft, The TH 604-568-8830 From $599,900 incl. HST Blu TH 604-782-5258 From $599,900Breeze TH 604-582-1113 $304,900 Edgewater LR 604-535-9655 From $419,900 Elgin Oaks TH/SF 604-636-8525 CallEuropa LR 604-908-2352 Coming SoonGemini LR 604-536-1663 CallGreens at Douglas, The TH 604-619-4902 From $540,900Headwaters LR 604-535-1451 $313,500 Heights, The TH/LR 778-545-8737 CallJuniper SF liveatjuniper.ca From $769,000 net HST incl.Landstar at Summerfield SF 778-389-5262 From $749,900 incl. HSTMiramar HR 604-542-8700 From $637,900 Morgan Crossing LR 604-582-1336 From $279,900 Morgan Heights SF 604-560-1053 From $840,000Pier 16 TH 604-542-1616 From $349,900Promenade LR 604-836-1818 From $314,900Toccata TH 604-535-5088 $379,900 Sausalito MR 604-531-2200 CallSummerfield SF 604-536-1155 From $588,600 Vinterra TH 604-536-7171 From mid $600’s Wills Creek TH 604-542-8971 From $539,900
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO)
P R O j E C T T Y P E C O N T A C T P R I C E P R O j E C T T Y P E C O N T A C T P R I C E
www.macmarketingsolutions.com We sell the homes you want to buy.
/MacMarketingSolutions @MAC_Marketing /MACMSTube
78 METRO VANCOUVER NEW HOME gUIDE | jan 25 - feb 8, 2013
Premier townhomes within the prestige community of Sunny South Surrey.
Welcome to Wills Creek: luxury interiors, and an unmatched
location. Our townhomes feature nine foot ceilings, geo-thermal
and high-end gourmet kitchens. The 2000 square foot fitness
centre includes a heated outdoor pool, hot tub and flowing
waterfalls. It’s everything you need to call Wills Creek the very
best quality in South Surrey living!
Prices start at $549,900 for an exceptional home, come and
see just how much value you can get at Wills Creek! Visit our
showhome now for your best selection and pricing.
www.willscreek.ca | 604.542.8971
Showroom open daily: noon to 5pm (except Fridays)at 3109 - 161st Street, Surrey, Across the street from Morgan Creek Golf Course.
Prices start at $549,900 for a west-coast luxury townhome.
RARE OPPORTUNITY.
FINAL PHASE
NOW SELLING!
new ideasinspire
better places
THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFER CAN ONLY BE MADE WITH A DISCLOSURE STATEMENT. PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE. E &O.E.
Wills Creek File: WillsCreek Ad NHBG (DT) Date: July 16, 2012
DISPLAY HOME
GRAND OPENING
SaturdayFEB 9, 2013
Join us for our Display Home and Sales Centre Grand Opening and be the first in line for these distinctive homes. Historic 1907 architecture blends seamlessly with stately modern interiors — refined urban living, in the heart of Commercial Drive.
HISTORICALLY INSPIRED TOWNHOMES3 Bedroom Homes from the low 600’s
HERITAGE MANOR RESIDENCES1+2 Bedroom Apartments from the low 400’s
PREVIEWS BY PRIVATE APPOINTMENT
StrathconaPark
CHARLES ST
VENABLES ST
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WILLIAM ST
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This is not an offering for sale. Any such offering may only be made with a Disclosure Statement. E. & O. E.
HISTORY.
A rare opportunity to be part of
NOWPREVIEWING
Presentation Centre1829 Charles Street
Vancouver, BC V5L 4G7
JEFFSRESIDENCES.CA 604.558.1907marketing
by:
20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s
GRAND OPENING FEB 9, 2013Call now to book your private preview
JEFFSRESIDENCES.CA 604.558.1907marketing
by:
20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s
The Drive. It’s a neighbourhood like no other. Boasting an eclectic vibe, a dis-tinctly artistic outlook, and some of the
most authentic Italian coffee shops in the Lower Mainland, The Drive is where history merges with modernist vision. It’s a place where you never quite know which favourite neighbour you’ll meet on your way to snag some fresh veggies or exotic cheeses at the local deli, but you do know the conversation will be lively and entertaining.
If this is the community you want to call home, 2013 is starting out with some news that’s going to get you jumping for joy. Sales at The Jeffs Residences are about to begin. And make no mistake, these townhomes and manor resi-dences have plenty of attitude and unique piz-zazz. Or, as Ryan Lalonde, principal of BLVD
Marketing Group, expresses it, they “take design and luxury to new levels in a highly creative neighbourhood — but you really have to see them for yourself to truly understand just how exceptional they are.”
UniqUe Homes for UniqUe LifestyLeFirst on our tour are the manor residences. Originally home to Vancouver alderman, Dr. Thomas Jeffs and his family, this elegant, 1907 manor house was shifted to the southwest corner of the property before being completely reinvented as six dramatic apartment homes plus a pièce de résistance penthouse. “One of the developers lives just a few blocks down the road, but all three wanted to create a design so unique that when someone says ‘I own the turret at The Jeffs Residences,’ everyone will know exactly which home you mean,” Ryan explains as we head to the fourth floor.
Apparently the gentleman who arrived just ahead of us is already smitten with this one-of-a-kind home. “I love this space. It just feels so… good,” he says making an intense, 360 survey of the two-storey living room. “And who knew you’d get such a great view of downtown.” Ryan
The Jeffs ResidencesHistory Meets Vision by Susan M Boyce
takes a moment to show him that yes, the heritage-style (but totally 21st Century, energy-efficient) windows really do open fully to let in refreshing spring and summer breezes. We leave him admiring today’s winter view of the snowcapped North Shore Mountains and head over to check out the townhomes.
“Townhome developments are extremely rare on The Drive,” Ryan says opening the door to the newly opened showhome. “The Jeffs Residences is even more unusual because it’s introducing a level of luxury that hasn’t been offered in this neighbourhood before.”
A marriage of tradition and modernism, this floor plan has an easy-going, open ambiance that’s enhanced by natural light flooding in though windows on both sides. “Because our partner’s are all extremely connected to this neighbourhood, they purposefully designed The Jeffs Residences to appeal to the people who love the unique lifestyle here,” Ryan says.
“It’s all about details,” he explains, pointing out the contemporary quartz counters and an eating bar create a visual counterpoint to the kitchen’s heritage-style, white Shaker cabinetry. Storage is everywhere: generous coat closet by the front door, full-height pantry wall, even a nook under the stairs for seasonal items. “Let’s face it, it doesn’t mat-ter whether you’re single, a couple, or a family, you can never have too much storage can you?” Ryan asks. True.
Next stop: second floor. Two bedrooms, laundry room with stor-age, linen closet, main bathroom with comfy looking soaker tub, tech nook on the landing, and a second set of stairs I’m betting will lead to a master suite spanning the entire top floor — a guess that Ryan’s delighted to confirm. This space continues The Jeffs Residences’ un-derlying theme of luxury with a frameless glass shower, vaulted ceiling, and thick, soft, easy-on-the-toes carpeting. Even the walk-in closet is special — filled with natural light from a window, it’s large enough to be a mini office. It all adds up to a welcoming retreat where daily stresses simply melt away.
AmAzing neigHboUrHood“People who’ve been following our progress are typically buyers who want to live in the neighbourhood because they love The Drive’s diverse commercial amenities and easy access to downtown Van-couver,” Ryan says. “Parents love it because their kids can benefit from being in the catchment area for some of the Eastside’s most sought after schools. Young professionals love it because they’re a short stroll to eateries, specialty boutiques, or cultural venues of all types. And if you’re a cyclist, you’re right in the centre of bike routes to get you almost anywhere.”
“And if you want a great brunch, you have to try the Havana Club.” It takes a second before I recognize the man from the Turret Suite who’s now donned helmet, sunglasses, and bicycle jersey. “Best Eggs Benny going — honest.” Then, in a flash, he’s gone. I check my watch and realize I’ve got just enough time to confirm his recommendation, after all, everyone’s got to eat sometime…
The Jeffs Residences is a select offering of historic one and two bedroom manor-style apartment homes priced from the low $400,000s plus three-bedroom townhomes from the low $600,000s. Fully furnished display homes are now open at 1829 Charles Street (Charles and Salsbury, one block east of Commercial Dr.) in Van-couver. The Grand opening celebration will be at noon on February 9th or VIP preview by appointment anytime. Better hurry though, because this rare and delightful offering is sure to sell out rapidly. For more information visit jeffsresidences.ca or call 604.558.1907.
The Jeffs Residences is
introducing a level of luxury
that hasn’t been offered in
this neighbourhood before.
Ryan Lalonde, BLVD Marketing Group
DISPLAY HOME
GRAND OPENING
SaturdayFEB 9, 2013
Join us for our Display Home and Sales Centre Grand Opening and be the first in line for these distinctive homes. Historic 1907 architecture blends seamlessly with stately modern interiors — refined urban living, in the heart of Commercial Drive.
HISTORICALLY INSPIRED TOWNHOMES3 Bedroom Homes from the low 600’s
HERITAGE MANOR RESIDENCES1+2 Bedroom Apartments from the low 400’s
PREVIEWS BY PRIVATE APPOINTMENT
StrathconaPark
CHARLES ST
VENABLES ST
E 1ST AVE
SA
LS
BU
RY
DR
WILLIAM ST
CO
MM
ER
CIA
L D
R
WO
OD
LA
ND
DR
CL
AR
K D
R
VIC
TO
RIA
DR
LA
KE
WO
OD
BIK
EW
AY
LA
KE
WO
OD
DR
PRIOR ST
TERMINAL AVE
This is not an offering for sale. Any such offering may only be made with a Disclosure Statement. E. & O. E.
HISTORY.
A rare opportunity to be part of
NOWPREVIEWING
Presentation Centre1829 Charles Street
Vancouver, BC V5L 4G7
JEFFSRESIDENCES.CA 604.558.1907marketing
by:
20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s
GRAND OPENING FEB 9, 2013Call now to book your private preview
JEFFSRESIDENCES.CA 604.558.1907marketing
by:
20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s