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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 14 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.
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R E A L E S T A T E W E E K L Y
MAPLE RIDGE PITT MEADOWS FRIDAY, NOVEMBER 21, [email protected] • 604-435-7977
SCAN WITH LAYAROR GO TOREW.CA
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How Changes to New Home Rules
Affect Buyers
Vancouver Sees Drop in Housing Starts in
October: CMHC
How to Turn Your Home into an Investment
Property
From the North Shore to White Rock to
UBC to Chilliwack, fi rst-time buyers con-
tinue to make inroads into the Lower
Mainland’s booming real estate market.
Spurred on by continued low interest
rates and often taking advantage of a
helping parental hand, these purchasers
are smart and committed.
Here we take a look at the top fi ve trends
among this savvy, growing demographic.
Transit OrientationEnvironmentally sophisticated, fi rst-time
buyers increasingly embrace a lifestyle
that’s less reliant on private vehicles,
meaning proximity to transit is a major
factor in where they purchase. Transit-
friendly neighbourhoods like the
Cambie Corridor, Metrotown,
Brentwood and the new
downtown Surrey are the
new superstars for this
demographic.
Many fi rst time
buyers are simply saying “no” to owning
a vehicle at all – they’ll put that extra
money toward a down payment or paying
off their mortgage faster. According to
data compiled by ICBC, some are taking it
one step further and not even bothering to
get a driver’s license.
Space and AmenitiesTo make the move from renting, many
fi rst-timers are willing sacrifi ce size as
long as the space functions well. Savvy
developers are responding with increas-
ingly innovative ways to make smaller
units multi-purpose – islands that expand
to become a dining table, sliding walls
that allow interior rooms to be separated
or combined, offi ce
nooks, and so on.
Urban amenities
are also essen-
tial to this demographic since they tend
to view them as an extension of their liv-
ing room. Many will forsake entertaining
at home altogether, preferring instead to
meet friends at the local coff ee shop or
restaurant. Bonus: no dishes to clean up
after.
Migration to the ’BurbsWhether it’s the ability to own a larger
home or simply a desire to pay less than
a comparable home in the city, moving to
the suburbs is one enticing alternative to
existing urban centres. For many, the pri-
mary motivator is being able to purchase
a bigger home with a yard. Others want
a quieter, more rural neighbourhood. Of
note are the outlying areas where, once
a critical mass of new homes is achieved,
new amenities and jobs follow. Prime
examples of this are Yorkson in Langley
and Morgan Heights in South Surrey.
The Bank of Mom and DadThe Bank of Mom and Dad (BMD) is rap-
idly becoming a fi nancial necessity for
most fi rst-time buyers. In fact, according
to a Bank of Montreal survey, about 40
per cent of fi rst-time buyers in Metro
Vancouver expect some fi nancial
assistance from parents.
“Without the help of my fi ancé’s dad, we
wouldn’t have been able to purchase a
home,” says one 26-year-old fi rst-time
home buyer, adding that their mortgage
payments will be only $300 more than
their current rent.
Anecdotal evidence also suggests many
BMDs are also allowing adult children to
remain at home longer with minimal or no
rent payments, so they can save their own
down payment.
Cyber SavvyOnline research continues gaining
momentum especially with younger fi rst-
time buyers. According to Shaadi Faris,
vice-president of Intergulf, “The extensive
online research conducted by homebuyers
is highly evident. Buyers are coming to us
with knowledge of how the purchase pro-
cess works, know what specifi c features
and dimensions they are looking for, and
have fi rm fi gures in mind.”
Social media, too, is changing how buyers
shop. Many sales representatives report
buyers coming into a presentation centre,
liking what they see, and within minutes
connecting with friends or partners for
their input.
TOP 5 HOME BUYER TRENDSFIRST TIME
•2 REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY NOVEMBER 21, 2014
Brookside RealtyChad August
604.318.5254604.318.5254WWW.CHADAUGUST.COMWWW.CHADAUGUST.COM
MLS V1090989
NEW LISTING$564,900
7 BEDS, 5 BATHSLoaded with Extras
Amazing2 or 3 bed suite
10360 Jackson Rd.
MLS V1090989
UNITS NOW AVAILABLE
JUST LIKE NEW NO GSTUnit 201 - 2 bed 2 bath918 sq ft = $239,900
Unit 107 - 2 bed + den847 sq ft = $259,900
Unit 207 - 1 bed + den698 sq ft = $229,900
Unit 209 - 2 bed + den1054 sq ft = $269,900
CASCADA ~ 11566 224th Street
20518 115th Ave.
JUST SOLDJUST SOLD
MLS V1069869MLS V1069869
#220-12155191B St.
JUST SOLDJUST SOLD
MLSMLSV1071422V1071422
#54-12296224th St.
JUST SOLDJUST SOLD
MLSMLSV1089334V1089334
8380 Casselman Cr.
JUST SOLDJUST SOLD
MLS F1409162MLS F140916212522 217th
JUST SOLDJUST SOLD
MLS V1081534MLS V1081534
MLS VMLS V10930021093002
“FOR OUR OPEN HOUSES VISIT WWW.DANNYANDCLAUDIO.COM”
Brookside Realty 11933 224th Street Maple Ridge
GORGEOUS CORNER UNIT!308 - 12020 207A STREETLIFE SIMPLIFIED...
OPEN SUN 2 - 4 PM
• 887 s. f. corner unit • OVERLOOKS GREENBELT!• Granite/rich dark cabinets• Bright, open fl oor plan• Secure under ground parking• Walk to shopping• Short drive to WC Express
$219,000
★ 2 LEVEL CONDO......101 22722 LOUGHEED HWY1572 SF/2 BEDRM
NEW PRICE!!!
• 2 level corner unit• 1572 square feet• Overlooks greenbelt• 2 bdrm + den/2 bath• game/family rooms• Secure parking• Ground level/corner
$234,900
3 LEVEL TH ON GREENBELT18 23233 KANAKA WAYEND UNIT
RIVERWOODS
• 3 bedrooms ~ 4 baths• 2 storey PLUS basement• END UNIT ON GREENBELT• 4 car parking!• Minutes to all amenities• Across from Kanaka Creek Reg Park• Walk to Kanaka Creek Elem
$379,000
VIEW & WALK-OUT BSMNT!2 - 23233 Kanaka WayRIVERWOODS
OPEN SUN 2 - 4 PM
• 4 brms/4 baths T/H• WALK-OUT basement• 4 car parking!• VIEW OF KANAKA CREEK• 2 covered balconies• walk to Kanaka Creek Elem• Minutes to all amenities
$379,000
★
KANAKA RIDGE ESTATES10432 TAMARACK CRES.CUSTOM BUILT!
WHEEL-CHAIR ACC
• 4 bdrms ~ 4 baths• 2 storey w/bsmnt• 1840 unfi n. w/out bsmnt• ORIGINAL OWNERS!• VIEWS of Albion fl ats• Minutes to downtown• Minutes to schools/W C Express
$539,000
BLISSFULLY PRIVATE!11321 - 284TH STREETCOUNTRY LIVINʼ!
4.8 ACRES
• 4682 s. f. 2 level home• 5 bdrms + den ~ 4 baths• HUGE rec/games room!• Heat pump/AC• Entertainment sized deck• Set on a private 4.8 A• 30X28 shop + dble tandem gar
$739,000UNIQUE 3 LEVEL HOME!
12315 231B StreetFAR FROM ORDINARY
7 BDRMS/4 BATHS
• 3 level with 3831 sq. ft.• 7 bdrms/4 baths• NEW ROOF/H2O TANK/FLOORING• Bsmnt could acc. in-laws• A/G pool with deck• Fully fenced yard• Minutes to all amenities
$539,000
SPRAWLING RANCHER23490 DOGWOOD AVENUESET ON .78 ACRE
OPEN SAT 2 - 4 PM
• 3 bdrms ~ 2 baths• 1725 s f fi nished• Hardwood/tile fl ooring• NEW furnace/windows• NEW roof/kitchen/baths• Vaulted ceiling• Minutes to all amenities
$679,000
★
BORDERED ON GOLF COURSE20779 114TH AVENUEBUILD YOUR DREAM!
NEW PRICE!!
• BUILD YOUR DREAM HOME!• 2 lots on no thru street• Borders golf course• 1314 s. f. rancher of little value• 3 bedrooms ~ private yard• 13240 S F W/SIDE LOT• Minutes to all amenities
$599,000
VIEW OF THE YEAR!10343 248th StreetMASTER ON MAIN!
10,111 S F LOT
• 4 bdrms ~ 5 baths• 5190 sf 2 storey w/bsmnt• Gorgeous hardwood• Fabulous rec/games/steam room• Kitchen to die for!• Unobstructed views!• Minutes to all amenities
$1,199,000
Jim Isherwood604-250-7755
Nicole Jackson604-467-5000
Brookside Realty
11933-224 Street, Maple Ridge • 604-467-5000
13289 - 236th Street $459,900 &13295 - 236th Street $469,900
• 2280 - 2760 sq.ft. all with views of Fraser Valley!• No Strata Fees!• 3 bedroom homes with superior fi nishings throughout• Quartz countertops• Double garages & covered front verandas• Stainless Steel Appliance package• Finished basement; landscaping; fenced yard
OPEN HOUSE EVERY DAY 1-4PM, CLOSED FRIDAYSSTARTING AT $159,900 RIVER'S EDGE
11580 223 Street, Maple Ridge• Only 51 amazing opportunities• Built with the highest & strictest standards of
construction• Only the fi nest materials being used• Inside the best layouts in the market place with
each sq.ft. maximized• Unbeatable location that offers spectacular
riverfront dining, easy access to town centre and Port Haney Wharf
• Buy with confi dence. Move in today!
$629,50012463 Meadow Brook Place, Maple Ridge• Backs onto Laity Farm• Stunning View• Quiet Cul-de-sac very private• Has many updates
$514,90013328 235A St., Maple Ridge• Park-like settings & Fraser Valley views• 5 appliances, blinds• Heritage doors & baseboards • Gas fi replace• Quartz countertops and hardwood fl ooring• 10 year warranty + more!
LARCH AVENUE HEIGHTS
OPEN HOUSE SAT & SUN 1-4
OPEN DAILY 1-4 PM(except Fridays)11580 223rd St.Maple Ridge, BC
Chad August604-318-5254Jim Isherwood604-250-7755
All suites available for Viewing, Maple Ridges Best Value in Apartments
590-1075 sq ftLarge Spacious KitchensModern Stylish Design
Low Strata Fees &3 yrs reduced city taxesSteps to W.C. Express
Some water views
MOVE IN N
OW
WaterfrontWaterfront suites in
Maple Ridge from$162,900 - $299,900
HOME OWNERSHIPFROM UNDER
$500 A month • ask us how
REW.ca » MAPLE RIDGE / PITT MEADOWS » FRIDAY NOVEMBER 21, 2014 3•
JOHN BURNSOff. 604-533-3231 • Cell: 604-607-3504
email: [email protected]
PrudentialPowerplay Realty
11544-11550 207th $1,050,000
DEVELOPMENT PROPERTY TOWNHOME SITEFORECLOSURE. Excellent development opportunity in Westside area of Maple Ridge. 35,634 sq. ft. lot cur-rently received third reading to allow 10 unit townhouse development. Prime location close to everything. BRING YOUR OFFER!!! John Burns
Visit: www.helengambling.comto view these properties & more!EACH OFFICE INDEPENDENTLY OWNED AND OPERATED Gold Master
12 years
e-mail: [email protected](604) 230-7311 or (604) 459-2838
“A SURE BET IN SALES AND SERVICE”
Helen GamblingRE/MAX
LifeStyles Realty
SOLD106-12248 224th216-22514 116th
303-19091 Mcmyn20-19160 119th
69-65 Foxwood Drive 19277 Davison
10427 Tamarack Cr.12207 210th 12483 205th
23655 Tamarack Lane 306-11960 Harris207-19091 McMyn
8-19051 119th47-11282 Cottonwood Drive
Cloverdale $1,398,000
NEW LISTING!19415 78 AVE2.49 ACRES IN CLAYTON AREA OF CLOVERDALE, EXCELLENT LOCATION, NO CREEKS OR EASE-MENTS, GREAT HOLDING PROPERTY FOR FUTURE POTENTIAL DEVELOPMENT, NOT IN THE ALR, CLOSE TO FREEWAY & AMENITIES, SCHOOL SITE DESIGNATED ACROSS THE ROAD
W.Maple Ridge $314,900
PICTURE PERFECT!#606 20680 118TH AVEABSOLUTELY STUNNING, COMPLETELY RENOVATEDFROM TOP TO BOTTOM! CORNER UNIT 1309 SQ.FTTOWNHOME, 3 BED, 3 BATH, NEW EVERYTHING FROM KITCHEN, BAMBOO FLOORS, COUNTERS, MOULDINGS, FIXTURES, BATHS, PRIVATE, FENCED YARD, GREAT LOCATION!
W.Maple Ridge $339,000
WESTSIDE POTENTIAL!20556 123 Ave Bring your ideas & tools! Great westside location,amongst newer homes, 1262 sq.ft rancher, 3 bedrooms, 6534 sq.ft southfacing lot. Short walk to high school & elementary, close to Westcoast Express & Golden Ears Connector!
Pitt Meadows $449,000
BUILD YOUR DREAM HOME! FABULOUS VIEW!
20233 MENZIES RDONE OF THE RAREST FINDS IN PITT MEADOWS! BUILD YOUR DREAM HOME WITH A SPECTACULAR VIEW OF MOUNTAINS, ALOUETTE RIVER, MT.BAKER AND FARMLANDS! ENJOY NATURE SURROUNDING YOU! WHERE THE EAGLES FLY!
Now may be the time to sell! Listings are
down & demand is up!Do you want your
home sold? Want a home evaluation? Or looking to buy? With continued low mortgage rates why wait? Give Helen a
call anytime!
YourRealtorRealty.ca 604.123.4567 123 Main Street, Vancouver123 Main Street, Vancouver
SPACIOUS & EXCEPTION UNITPopular concrete building in Arbutus Village. Large patio facing the garden. Well maintained. Shows well. Large locker 3 parking spot. A nice place to come home to. 104 - 4101 Yew St.
$378,800
★ OPEN HOUSE SUNDAY 2-4PM ★
$1,698,888
AMAZING REVENUELive in with 3 mortgage helpers or hold just for revenue. 7 bdrms, 5 bathrooms - LANE WAY house! Close proximity to Canada Line, Langara College & golf and YVR. By appointment only. $1,698,888 106 West 63rd Ave.
Top Floor Corner UnitSituated on the top 2 floors is an updated 2 bed/2 bath, 1,114 sq ft apartment with vaulted ceilings above, fantastic light & an open kitchen/dining living room.405-6475 Chester St.
$669,000
Mt. Pleasant Townhouse Own your own address 1323 sq/ft 2 bed 2 bath townhouse in trendy uptown Mt. Pleasant. 2 parking, 1 locker and den. Open kitchen, gas range. Close to all amenities. 288 East 11th Ave.
$699,000
2 bed + Den in “Domus”Gorgeous 2 bedroom + Den in the sought after domus. 2 balconies, view across Yaletown to False Creek, parking & storage, pet & rental friendly building. Rarely avaliable 04 unit. 1104-1055 Homer St.
$448,800
Mrs. Smith604.123.4567
Mr. Smith604.123.4567
View Realtor videowith
View photo carouselswith
asant Townhouse Own your own addresst 2 bed 2 bath townhouse in trendy uptown
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MAPLE RIDGE • PITT MEADOWS (INCLUDES MISSION LISTINGS)
R E A L E S T A T E W E E K L Y
Looking for a newhome? Start here.
I n P r i n t > O n l i n e > I t ’ s A l l H e r e
F R I D A Y , N O V E M B E R 2 1 , 2 0 1 4
Facing retirement and a 40+ year old
home in need of repairs, Michael and Myrna
Chen had to decide between renovating or
buying a new home.
“Our house needs a lot of renovating and
the lot is too much work for my husband,”
says Myrna of their home in Steveston.
“We had seen Zenterra’s Zen Townhomes
and really loved them. When we found
out about Hyde Park, we bought one sight
unseen.”
Other considerations for the couple
included price and location.
“We really like the location and we are
getting much more value for our dollar in
South Surrey. In addition, it’s so close to
everything and yet there are lots of trees
and green space so that you don’t feel like
you are in a big row of homes,” she says,
adding she can’t wait to live in a brand
new home.
Hyde Park is a master-planned town-
home community sitting on over 10 acres,
located minutes from Morgan Crossing.
“Three acres will remain as green space.
The fi rst phase consists of 58 homes which
we are pre-selling,” says Donna Dalkie,
Sales Manager, Zenterra Developments.
“These are beautiful transitional Arts and
Crafts designed homes, with brick and
cedar shake accents, featuring an eclectic
colour palette which has never been seen
in the area.”
The West Coast contemporary residenc-
es, ranging from 1200 to 3000 square feet,
off er a selection of two to fi ve bedroom
(some with a master on the main and built-
in wet bar in the basement) homes.
The extra-spacious interiors are dis-
tinguished by engineered laminate wide
plank fl ooring throughout the main,
sprawling windows to bring the outdoors
in and luxurious master ensuites with tile
surround. The gourmet kitchens include
your choice of Shaker-style or Italian two
toned contemporary cabinetry, islands,
quartz countertops, single slab quartz
backsplash and a premium stainless steel
appliance package.
Hyde Park will feature Zenterra’s
Signature Entertainment Wall, which was
so well received in Zen. This custom-built
wall is distinguished by a fully integrated
wire management system and accentuated
by a modern elongated electric fi replace.
Residents will enjoy exclusive entry into
the private Lancaster Club – a 5500 square
foot two-level clubhouse featuring a gym,
media room, games room, multi-purpose
sports room and a fully landscaped outdoor
patio with barbecue and seating area to
encourage a sense of community.
Hyde Park is yet another example of
the excellence and quality that Zenterra
Developments is well known for; they are
the standards the company delivered in
its last two hugely successful projects –
Zen and Boardwalk. The award-winning
developer has garnered a trusted name in
the industry.
The uncommon elegance and high-end
features appointed in every suite make
these truly beautiful homes. This is a won-
derful opportunity to be part of a scenic
and vibrant neighbourhood minutes from
great schools, parks, beaches, shopping,
culture, and entertainment.
With prices starting in the low
$400,000’s come and discover what the
excitement is all about. The Grand Opening
is slated for Saturday, Nov 29th from noon
to 6 p.m. The presentation centre is located
at 24th and 160th St. in South Surrey
(beside TD Bank). For more information,
call 604-506-1852, email donna@zenterra.
ca or visit www.hydeparkliving.ca.
Tentative occupancy is set for summer
2015.
elegant townhome that promise todeliver everything discerning buyers expect
HYDE PARK