CHINESE EDITION Jun 6, 2014 Real Estate Weekly

2 JUNE 6, 2014 REAL ESTATE WEEKLY REW.ca

6246 Jade Court Richmond $1,188,000

596 E59th Ave Vancouver$1,368,000

8700 Francis Road Richmond $2,188,000

3033 Shell Road Richmond$898,000

2601 - 128 W Cordova Vancouver$728,000

7351 Petts Road Richmond$1,720,000

5291 Colbeck Road RMD $1,668,000

1101 - 7979 Firbridge Way RMD $519,000

5691 Colville Road Richmond$1,428,000

7475 Chelsea Place RMD $3,680,000

8851 Foster Road Richmond$3,188,000

203-7671 Abercrombie Dr RMD $488,000

7040 No.1 Road Rmd, BC $1,768,000

7500 Sunnybank Ave Richmond$3,800,000

3171 Williams Road Richmond

MLS

$3,288,000

JUNE 6, 2014 3 REAL ESTATE WEEKLY REW.ca


25

!

25

Janet Lu 778-882-7727website: www.janetlu.ca | Email: [email protected]

ROYAL PACIFICREALTY GROUP

$1,058,000

$475,000 $768,000 $589,000

$3,880,000

1551W. 29th Ave., Vancouver1551W. 29th Ave., Vancouver

$3,580,000

2741 W 43rd Ave. , Vancouver2741 W 43rd Ave. , Vancouver

$398,000

$1,150,000 $2,680,000

$730,000

#30 6300 Birch ST, Richmond#30 6300 Birch ST, Richmond

$2,788,000

2360 McBain AV , Vancouver2360 McBain AV , Vancouver


VIVIAN LI PETER SAITO : www.PeterandVivian.com: [email protected]

Sutton Group-West Coast Realty

Vivian Li Personal Rea l Estate CorporationPeter Saito Personal Real Estate Corporation

FRI,CRES,RI(BC),B.COMM(ULE)UBC

604-354-1 8604-220-8838

3818 Cypress St. () 5388 1390 Laurier Ave. Laburnum St. ()()

3230 E . 6th Ave. ()

13790 3692 4 5 100 x 100 = 10,000

4,500

Quilchena 2008 51 x 122 = 6252 3296 443 Trafalgar

33 x 122 RS-1

BBQ

78X122951635684

4

Point GreyKerrisdale

25 , , , , ,

20131!

3307 W. 19th Ave ()

2629 McBain Ave. () 4043 W. 11th Ave. ()

Dunbar, 38x122, 3067, 3.

, 2010.

, .

$3,280,000$6,390,000 $4,980,000

60 x 125 = 7,500 3653 54 33 X 122 180 Refrew Hills Metrotown&Brentwood Rupert StnALRTSuperstore Broadway

2008Downtown King Edward

547 W. 26th Ave . ()

$2,688,000$2,698,000 $1,868,000

1$4,180,000

$899,000

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2

2


R E W . c a I n P r i n t > O n l i n e > I t s A l l H e r e

[email protected] > 604.435.7977

FRIDAY, NOVEMBER 15, 2013

BURNABY

R E A L E S T A T E W E E K L Y

Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide

the most up to date information on the real estate market, price, nancing

and comparative properties in your area.

Find your EXPERT Real Estate professional right here in REW.ca!

Many rst-time buyers are so excited about nding that perfect home that comes with everything on their wish list that they often dont realize that the costs involved go beyond the purchase price. We often enter into the single biggest purchase of our lives without a clear plan, research or budget, says Gordon Bennett, a partner/lawyer at Bennett & Parkes. THE MORTGAGEOnce the decision to buy a new house

has been made, the nancial adventure begins. Meet with your lender or mort-gage broker to nd out exactly what you can a ord to spend. The rst order of busi-ness will be to determine the amount of your down payment. You need a minimum of ve percent down to around 20-25 per cent. The lender then calculates what you can borrow based on the total of mortgage payment, property taxes, heating costs

and any current debts youre carrying.A great place to start researching is on the CMHC website (Canada Mortgage and Housing Corporation). There is a calcula-tor that helps you estimate the maximum purchase price and maximum monthly housing cost you can a ord based on your gross monthly household income. Generally the monthly cost of your mort-gage, property taxes and home insurance should be no more than 28 to 32 per cent of your monthly gross pay. Some advisors suggest using your take-home pay to cal-culate that same percentage so youre not eating up all of your income with home expenses.COSTS OF BUYINGBuying entails a number of extra costs as

well. You may also be responsible for real estate commissions (if you are selling as well as buying), mortgage loan insurance (if you are paying less than 20 per cent down on your home) and, on a newly built

home, GST and possibly PST. Its worthwhile to pay for a home inspec-tion to check for major issues. As a buyer, you dont pay your Realtor,

but its important to have a lawyer or notary public to represent your interests, and you do pay for that. A buyer is also responsible for the property transfer tax of 1 per cent on the rst $200,000 and 2 per cent on the balance. Buying expenses can also include a site

survey, optional title insurance and strata move-in/move-out fees.And dont forget about moving expenses.

THEN THERE ARE OWNERSHIP EXPENSESYou nally have a place to call your own. Now, you have to protect it and your valu-ables. Homeowners insurance is impor-tant because it covers you for unforeseen incidents, such as re, burglary, a ood, or sewer or water damage. Once you own, there are heating, elec-

tricity, cable, Internet, home telephone,

garbage, sewer, property taxes and other local municipal fees to consider. You may even need to buy an annual parking pass to park on your street.Things do break down, so you need to

have a bit of a nancial cushion in case the washer quits or your hot water tank bursts. In addition, when buying a townhome or condominium, soon-to-be buyers might also end up with major replacement or repair costsbeyond the monthly strata fees. Dont let those hidden costs turn you o buying a home. If you practise due diligence, youll be able to kick back and enjoy your new home that much more.

THE REAL COSTS OFHOME OWNERSHIP

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FOLLOW WITH

Dollars and cents of buying a new home: dont get caught by hidden costs!

ELL a home? ng the best decisions, a professional Realtor can provide

the most up to date information on the real estate market pric

Real Estate Weekly


$4,200,000 $849,900$2,880,000

$1,488,800 $1,098,000$690,000

$2,298,000 $1,850,000 $459,900 $479,900

$888,800 $1,925,000 $1,668,000 $899,800

$669,500 $1,039,000


Sutton Centre RealtyAN INDEPENDENT MEMBER BROKER

Sean Thompson604.541.4888604.862.5370

www.vancouver-bc-realty.com

Colonial Paci c15414 24th Ave, Surrey, BC

V4A 2J3

SOLD


778.689.8918davidchenhomes.com

RE/ MAX CREST RE ALTY WESTSIDE - Independently Owned & Operated

1428 W. 7th Ave, Vancouver B.C., V6H 1C1 | T. 604.602.1111

RE/MAX

BCCMN / BCCMN

58 Bonnymuir Place, West Vancouver$4,680,000

56 Bonnymuir Place, West Vancouver$1,880,000

615 St Andrews Rd, West Vancouver$1,488,000

1570 Taylor Way, West Vancouver$1,250,000

6612 Beechwood St, Vancouver$1,798,000

402-138 Athletes Way, Vancouver$1,529,000

209-1483 Homer St, Vancouver

$1,690,000

1608-193 Acquartus Mews, Vancouver$798,000

1105-1077 Marinaside Cr, Vancouver$769,000

7368 Willingdon Avenue, Burnaby$1,195,000

7345 Burris Street, Burnaby $1,120,000

$898,000

$282,000

$589,000$1,099,000

$609,900$329,000

John Carlisle


3508 Monmouth Ave.33.07X131.85 $1,098,000

7155 Elliott St. 33x131.54 $918,800

#409-2080 SE Kent Ave. $448,900

183 N. Howard Ave. 33 X 122 $1,149,800

4156 Pender St.33x122 $918,000

2066 E. 53rd Ave.32.95x132.92 $1,188,000

2032 E 22nd Ave.33X122 $919,000

1121 Duthie Ave.36.05X125.49 $648,800

Real Estate Technology & the Luxury Market

June 17, 2014 - 8am 6 pm

FEATURED SPEAKERS:

Real Estate Technology Real Estate Technology && the Luxury Market

6June 17, 2014 - 8am 6 pmJune 17, 2014 - 8am

FEATURRED SPEAKERS:FEATTURED SPEAKERS:

2014 AREAA Vancouver Summit

AREAAVancouver.com

Peter Dupuis Founder & CEO S&P Real Estate

Ivan Choi Chairman

AREAA

Nobu Hata Director

NAR

Kelly Deck Director

Kelly Deck Design


TH3- 7979 Firbridge WY, Richmond $828,000

2437 Halston Ct, West Vancouver$5,280,000

6988 Sussex Ave, Burnaby$1,598,000

608-4685 Valley., Van W$2,390,000

1280 W 57th Ave., Van W$3,500,000

641 Andover Place ., W.Van$2,750,000

3500 River Road, Rmd 1201- 6461 Telford Ave, Bby $2,120,000 $288,000

20209 68A Ave, Langley$710,000

4080 Rose Cr., W. Van$5,880,000

20 W 46TH AV., Van W$3,280,000

1103-5728 Berton Ave, Van W$628,000

107-5838 Berton Ave., Van W$1,800,000

3546 W 29th Ave Van$4,280,000

4540 W 11th Ave, Van W 7619 Sunnydane Rd. Rmd 2715 W 20th Ave, Van W 3431 Lamond Ave, Rmd 3460 Lamond Ave, Rmd 122 W 43rd Ave, Van W1105-1325 Rolston Street ., Van 1610 Wesbrook Cr., Van W 10182 Hollywell DR., Rmd 1774 W 16th Ave, Van W


VANCOUVER PROPERTY GROUP, ERIC LANGHJELM4.00 x 972.00R100324424C

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CHINESE EDITION Jun 6, 2014 Real Estate Weekly