Royalty Living Winter 2012

GIVE YOUR HOME ALAYER OF PAINT

RESIDENTIAL PROPERTIES& RETAIL OPPORTUNITIES

60+

RoyaltyFREE // WINTER 2012

TIPS FOR PROPERTY MANAGEMENT! P.14

MEET OUR REALTORS®

OUR NEW OFFICE KANAVERO

P.10

P.09

P.13

A C C E N T U A T E T H E Q U A L I T Y

T: 604.719.3827 | F: 604.569.0568 | www.primehood.com

P.02 HOW TO MAKE YOUR HOUSE

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...and not worry too much about how your choices will affect your resale value. Don’t get me wrong, when it comes to renovating, or purchasing large investment pieces, it’s important to consult a professional for their advice. But here are a few tips that may help you when it comes to making your house a home.

CREATE VALUE WITH CUSTOM BUILT-IN FURNITUREAs a Realtor® and Design Consultant I commonly work with clients with smaller spaces – condos in Yaletown, Coal Harbour and Downtown, and the most common request is to design multifunctional furniture. One of my favourite projects was in the Jameson House building, where my clients had downsized from a large home into a two bedroom unit. A traditional couple with a love for entertaining, they decided to use their living area as a formal entertainment space and wanted a multifunctional unit for their second bedroom, which was intended to be their media room and home office. It was an interesting challenge, and it was executed beautifully, encompassing everything they had hoped to incorporate. It’s amazing what you can fit into a small space without making it feel crowded, the key is to define the space

and determine how you need it to function for you. Investing in custom built-in furniture is a great way to increase value in your home. Chances are the future home buyers will find value in it as well; this is why consulting a professional is important, you want to ensure your custom unit is within the same value as your home and be sure you’re utilizing your space to its maximum potential.

MAKING YOUR HOUSE AhomeAn organized home is an organized

mind, so it’s important to make your home functional for you

ARTICLE BY BRITNEY FREMEAU

Realtor® specializing in Interior Design and Space Planning

EUROPEO MODULAR UNIT $5800.00

EUROPEO MODULAR UNIT $4500.00

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MAKING YOUR HOUSE Ahome

UTILIZE YOUR SPACE TO ITS MAXIMUM POTENTIAL.Even my clients with multiple homes want to maximize every square inch of their space, and the market is full of great products to allow one to do so. Bed frames with built in storage are a great way to conceal additional bedding, towels, or even a nice space for your guests to keep their belongings. Extendable tables, these have been on the market forever—remember your parents and grandparents pulling the table apart and digging out the additional leaves? Not anymore, furniture design has evolved, extendable tables now house and conceal the additional leaves within the table, creating a seamless transition from a 2-4 person table to 6-8 or even 8-10 person table!

GIVE THE ILLUSION OF MORE SPACE.It’s simple, really: elevate. Elevating your media unit, dining credenza or storage units allows the eye to observe the floor space without interruption, thus giving the illusion of more square footage. This is a great strategy to use if you’re staging your home for sale as well. Concealing your media equipment will also give the illusion of more space, because most people have massive televisions and multiple electronic devises and they clutter the space and distract the eye, which makes a space feel smaller.

If you’d like more information, or you’re interested in a Design Consultation, feel free to contact me:[email protected]

Mention this advertisement at italinteriors, and receive 15% off your purchase.

MOLTENI HONEY BED$7500.00

The key is to

define the space & determine how you need it to function

MOLTENI W-FLAP EXTENDABLE TABLEStarting At $4700.00

bc 1028 Mainland Street, Vancouver BC, V6B 2T4[604] 685 0037 // [email protected] // www.italinteriors.com

VA N C O U V E R

1 Bedroom, 2 Baths, 760 sq.ft at one of Vancouver most prestigious addresses Wide-plank brushed oak flooring through out, gourmet 'Data of Italy' KitchenLarge ensuite w/Italian marble countertop; excellent amenities

iman mogadam 604.721.6209402 1499 W PENDER ST VANCOUVER

$638,000

nasser fazli 604.921.1785

1220 sq.ft • 2 bedrooms, 2 bathsCompletely renovated in 2004Den opened up for spacious floorplan

$739,800

2101 388 DRAKE STVANCOUVER

shahin behroyan 604.338.5652

7 Beds, 6 Baths, 4347 sq.ft massive private lot massive backyard and a large deckGreat neighborhood, close to all schools and shopping

$1,499,0005859 ORMIDALE STVANCOUVER

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nasser fazli 604.921.1785 leigh walker 604.313.7607

524 sq.ft • 1 bedroom, 1 bathBright corner suite at Symphony PlaceLuxury finishing, city views

588 sq.ft • 1 bedroom, 1 bathBarely lived in unit, perfect conditionSolid building with excellent amenities

$395,000 $348,800

1406 565 SMITHE ST VANCOUVER

1107 63 KEEFER PLVANCOUVER

mohammad vaziri 604.825.1731

1350 sq.ft • 2 bedrooms, 2 bathsBreathtaking Coal Harbour water viewRenovated, many high-end upgrades

$729,000

401 1415 W GEORGIA STVANCOUVER

arman khabbaz 778.840.1690

1132 sq.ft • 2 bedrooms, 2 bathsGeothermal heating/coolingLEED building, "Best Hi Rise" in 2007

$899,999

1602 1455 HOWE STVANCOUVER

thomas chung 604.657.3005

665 sq.ft • 1 bedroom, 1 bath10' ceiling, spacious open living roomInsuite storage, solarium plus locker

$415,0001003 1205 HOWE STVANCOUVER

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2 Beds 2 Baths, plus den, 1150 sq.ftRare waterfront units at the ICONStunning park and False Creek views

$932,5001806 638 BEACH CRVANCOUVER

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VA N C O U V E R

jenny wang 604.780.4725

4680 sq.ft • 6 bedrooms, 4 bathsLot of 65' x 120'. Significant renovationsBathrooms totally redone, new kitchen

$2,580,000

1777 W 57TH AVVANCOUVER

ghazal ighani 604.313.9293

765 sq.ft • 1 bedroom, 1 bathOne bdrm & Solarium Loft-Style unitEnclosed Large Solarium

$428,800

703 33 PENDER STVANCOUVER


586 sq.ft • 1 bedroom, 1 bathCustom built California walk-in closetEnglish Bay and the downtown city view

$439,000

2401 1199 SEYMOUR STVANCOUVER

omid khosravi 604.780.4725

623 sq.ft • 2 bedrooms, 2 bathsLoft with soaring 12' ceilingsPolished concrete floor

$380,000102 546 BEATTY ST VANCOUVER

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saleem dhalla 778.322.5040 daniel k preston 604.617.5981

591 sq.ft • 1 bedroom, 1 bathFloor plan maximizes space and lightOpen concept, perfect for entertaining

1764 sq.ft • 3 bedrooms, 3 bathsBest penthouse value at 680/sf Completely renovated, great location

$379,900 $1,198,000



iman mogadam 604.721.6209

945 sq.ft • 2 bedroom, 2 bathWest facing balcony, 4 piece ensuiteStunning water views from every roomSteps to Seawall & Marinaside CrescentAmenities incl. kayaks and bowling lanesGranite Countertops, s/s appliances

1505 33 SMITHE STVANCOUVER

$640,000

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N O R T H S H O R E

sina tajbakhsh 778.895.6245

amir soltani 604.786.2584

mike mehin 604.512.7591

oscar barrera 778.228.2811


amir soltani 604.786.2584



1006 sq.ft • 2 bedrooms, 2 bathsSoutheast Corner unit in Vista PlaceBreathtaking ocean view

781 sq.ft • 1 bedroom, 1 bathCompletely renovated bright unitFloor to ceiling windows

4800 sq.ft • 5 bedroom, 6 bathElegant, new, custom built homeSpacious,open, luxury throughout

1560 sq.ft • 3 bedrooms, 2 bathsFamily-oriented communityGarden and pool

1026 sq.ft • 2 bedrooms, 2 baths, denSouth West Corner unit in Vista PlaceClose to shopping, Highway 1, SeaBus

2514 sq.ft • 4 bedrooms, 4 bathsBeautiful spacious houseHigh-end finishings, 2-5-10 Warranty

3602 sq.ft • 6 bedrooms, 4 bathsBeautiful yard and playgroundVery functional design

1079 sq.ft • 2 beds, 2 bath, denCorner unit with breath-taking view Comes with 2 parking

$688,888

$308,800

$2,195,000

$458,000

$679,900

$1,038,000

$1,270,000

$829,000

901 1320 CHESTERFIELD AVNORTH VANCOUVER

605 2024 FULLERTON AVNORTH VANCOUVER

468 GENOA STNORTH VANCOUVER

1150 PREMIER STNORTH VANCOUVER

406 158 13TH STNORTH VANCOUVER

266 17TH STNORTH VANCOUVER

2458 BERTON PLNORTH VANCOUVER

1004 175 2ND STNORTH VANCOUVER

sahar barati 778.829.7724

3104 sq.ft • 5 bedrooms, 5 bathsTop end materials throughout, hardwood flooring with radiant heatCome see the unmatched craftsmanship for yourself!

$1,378,000340 28TH ST NORTH VANCOUVER

kam nouri 604.537.4463

2283 sq.ft • 5 bedrooms, 3 bathsFully renovated with mortgage helperDesirable Pemberton area

$849,900

1763 PHILIP AVNORTH VANCOUVER


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N O R T H S H O R E

shahin behroyan 604.338.5652 shahin behroyan 604.338.5652

4145 sq.ft • 7 bedroom, 6 bathLocated on a very quiet streetGreat mortgage helper suite

4284 sq.ft • 4 bedrooms, 4 bathsTop of the Hill on the "Golden Spot"Unobstructed panoramic views

$1,640,000 $2,799,000

1187 DORAN RDNORTH VANCOUVER

2272 NELSON AVWEST VANCOUVER


3081 sq.ft • 6 bedrooms, 6 bathsNewly built energy efficient homeWater and downtown views

$1,299,900

1849 LARSON RDNORTH VANCOUVER


637 sq.ft • 1 bedroom, 1 bathAnderson walk's new display home Renovated limited collection homeSophisticated interior design detailsSmooth granite and marble counters Laminate wood flooringRich rift-cut oak cabinetry

127 119 22ND STNORTH VANCOUVER

$499,000

6 Beds, 8 Baths, 6052 sq.ft brand new home on a ≈12000 sqft lotPanoramic Ocean, Bridge and City views from all roomsMedia room, legal suite, floating steps, see through fireplace and more

shahin behroyan 604.338.5652765 EDGEWOOD RD NORTH VANCOUVER

$2,989,000

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B U R N A B Y

6 Beds, 4 Baths, 2623 sq.ft, excellent locationStunning spacious home with mountain and city view


137 HOWARD AVBURNABY

$1,198,888

kam nouri 604.537.4463

amir jahanmiri 604.818.9449

jenny wang 604.780.4725

saleem dhalla 778.322.5040 faye cheveldave 604.904.7788

699 sq.ft • 1 bedroom, 1 bathNorth facing unit with two balconies Convenient location, easy access to SFU

1211 sq.ft • 3 bedrooms, 3 bathsOpen and spacious 1/2 duplexPrime central Burnaby location

3614 sq.ft • 3 bedrooms, 4 bathsOffered at lower than assessment valueAmazing layout, spacious bedrooms

1071 sq.ft • 2 bedrooms, 2 bathsBalcony facing away from the highway Newest North Burnaby development

972 sq.ft • 2 bedrooms, 2 bathsExcellent layout, many amenities Close to skytrain, shopping

$369,800

$535,000

$1,619,000

$559,000 $435,0002705 4888 BRENTWOOD DRBURNABY

5996 HARDWICK STBURNABY

5876 BUCKINGHAM AVBURNABY

1103 2232 DOUGLAS RDBURNABY

1401 2088 MADISON AVBURNABY

brad soltani 604.219.0122

maria belanic 604.617.8259

1957 sq.ft • 3 bedrooms, 4 bathsLuxury house in desirable areaMountain view, close to everything

957 sq.ft • 2 bedrooms, 2 baths Corner unit walkout patioShort walk to Royal Oak Skytrain

$899,500

$428,000

5438 OAKLAND STBURNABY

111 7337 MACPHERSON AV BURNABY

farhad sanai 604.710.5060


712 sq.ft • 1 bedroom, 1 bathNo HST, convenient locationNice few, high quality building

3444 sq.ft • 8 bedrooms, 6 bathsDesigned with pride, many featuresLarge bright rooms, laminate floors

$359,000

$1,248,000

1706 2133 DOUGLAS RD BURNABY

7718 MAYFIELD STBURNABY

SELL YOUR HOUSE

QU ICKLY

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If you are thinking about selling your home, consider brightening it up with a fresh coat of paint before putting it up for sale. This fairly inexpensive investment will boost your home’s attractiveness and its first impression on a prospective buyer. Real estate professionals agree that a good first impression is critically important when selling any home. A new paint job conveys a well maintained appearance to a home that gives it a distinct selling advantage. As a result, when selling your home, repainting is really more like an investment than an expense.

What Colours Should I Choose?Many people get overwhelmed when it comes time to choose paint colours for their home. Remember, the term "neutral colors" doesn't limit you to shades of white and beige, they can be combined with a number of bolder colors to highlight your home. Neutral colours also look amazing in online photographs which is the first opportunity potential buyers have to view your home.

A popular colour according to Alvin Bali, a Commercial Branch Manager of Sherwin Williams paint stores in Surrey, B.C., is “Greige”—a warm combination of grey and beige. Beiges and taupes on their own can look outdated, but the combination of grey and beige brings a fresh modern look. This colour is perfect for creating a warm atmosphere and entertaining, especially in living room areas. Using a splash of a bright colour is perfect for an accent wall but remember to think about your furniture style and colours to match the look you want to accomplish. By painting your house a warmer neutral colour, a prospective buyer will appreciate, and be motivated by, the idea of not spending additional dollars re-painting it after purchase. After all, the goal is to sell your house!

SELL YOUR HOUSE

QU ICKLY WITH A FRESH

COAT OF PAINT

ARTICLE BY JULIE PRASAD

In kitchens, the colour yellow still reigns supreme. Alvin suggests to not use shades of butter or corn but feels homeowners are now going for softer yellows like “Baby Yellow”. This colour is a gentle, washed out version of its vibrant counterpart, which creates a calming effect. Current trends for bathrooms include cool shades of greens and blues.

Overall, when it comes to interior colours, earth tones depict the colours in nature, which are considered warm and inviting. Because these are muted, they're soothing, relaxing and work well with most tones and room themes. Earth tones also complement rooms with a lot of wood, stone, metal or glass.

More often than not, prospective buyers aren’t exactly sure what they’re looking for, so you have to evoke an emotion from them that causes them to fall in love with your house. Also remember that not all paint is created equally and you have to understand your budget before investing in the idea. The quality of paint can vary along with its price. If you’re not sure of choosing a certain colour, Sherwin Williams sells a litre tester can called, “Colour to Go” which is available in 6000 colours. At the price of $8 per tester litre, it’s definitely worth testing out the colour in a small area of your wall so you don’t regret the colour choice you picked if the match isn’t what you wanted. You can also bring existing floor/furniture samples along with pictures into a Sherwin Williams store to help choose a colour that matches with your style.

Have fun with choosing paint colours, but remember the end results should look nice and be functional at the same time. For more information regarding this article or assistance in buying discounted paint or painter services, please feel free to contact me. I look forward in helping you achieve your selling or buying needs.

CONTACT JULIE AT: 778.968.4403 | [email protected]

Warmest Regards,

JULIE PRASAD

michael t. hickey

justin yvon cote

farhood hashemian

mike mehin omid mashinchi

mahmood ahamed

julie prasad mohammadvaziri

tito ohep

thomas chung

hamidreza ahmadian

saleemdhalla

reza mousavy

mimi lauzon

hida zand

sara nouri kam nourimana erfani

fahad abrahani

samersahmani

paolo cartocci

farid hosseini

jennifer kwok

david lee provo

adam mazaheri

maria belanaic

shahinbehroyan

iman mogadam

leigh walker

jenny wang

mehdi hosseini

&

naser fazliemilia gonzales

robertpatyk

hossein soltani

mohammadkhalilbeigi

arun dua

david snider

pritpaul k samra

farshad nasirbeigi

kiaffar ghaffari

shiva anaraki

irina novinska

christine xu

omid tehrani

nicholasalexander

gurmesh pathal

jan-michael flores

heather kimpeyman taleghani

ashley cadman

colleen gail last

alana thomson

salar sar salari

karim lalji

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is your success

managing broker

Soroush Babaeian604.729.4534

ron sanyalhamid teimoori

soroush zonuzi

bill milligan

fayecheveldave

sina tajbakhsh

ali alaei tafti

ali farbehi

seema chand

shaun raffie

alan charlton

latif hossainbruce keshavarz

milad khavari

randy rudland

amir soltani

tesina lejune

mel mcconnell

farhad sanai naser sardari

steven corcoran

igor usty-ushenko

danielpreston

farzad kossari

vince nazaribradsoltani

linda yurechko

alnasir jessa adrian pereira

leiha fiddler

shoichi fujii moyez pirani

shoeleh behinfar

meysam soltani

henry win

mary rose kotyakova

naheed walji

bill milligan

azadeh sazegarian

sam jira

fara ghafari

rashid lalani

oscar barrera

farzin dian robert rivington

desiree monsurate

britneyfremeau

arash bahmani

shaba pari

tyler gump

pedram naimi

tanya namdari

ghazal ighani

arman khabbaz

andrea brewer

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ouris your success

w e a r t h e c row n, l e t u s a dv i s e i t

focus

milad khavari

As a twenty plus year resident of Coal Harbour, I believe in the Downtown Real Estate Market as much

as you do. Throughout my five year experience in the real estate industry I envisioned a profession that provides personalized and dedicated client care, innovative and cutting edge marketing strategies coupled with an extensive network of buyers and sellers.

arash vince nazari

My Career began in 2006 throughout Vancouver and has spanned over to the coastlines of Dubai until 2009.

My dedication to the industry is marked by a broad international network and a continued study of global conditions that create the movement of $$$ and how this effects the local Real Estate Market.

I look forward to the opportunity of meeting, sharing my experience and strategies that will best serve your desired result.

our realtor®

Team KanaVero

milad khavari 604.727.2011


1450 sq.ft • 2 bedrooms, 2 bathsA block from English Bay Spacious, open, modern interiors

2500 sq.ft • 3 bedrooms, 3 bathsFamily penthouse at cielo 270 degree views of Burrard Inlet

$1,650,000

$3,488,000

1404 1221 BIDWELL STVANCOUVER

3001 1205 W HASTINGS ST VANCOUVER


vince nazari 778.999.7999

1100 sq.ft • 2 bedrooms, 2 bathsA block from English Bay Spacious, open, modern interiors

2054 sq.ft • 3 bedrooms, 3 bathsExtraordinary one of a kind penthouse Private elevator, double height ceilings

$1,200,000

$1,374,800

1206 1221 BIDWELL STVANCOUVER

PH 1668 ALBERNI STVANCOUVER



860 sq.ft • 2 bedroom, 2 bathHeart of Coal Harbour at the ClassicoFabulous condition, new hardwood

2320 sq.ft • 2 bedrooms, 3 bathsFinest luxury condo living and viewBest shopping and all the amenities

$619,000

$3,648,000

1901 1328 W PENDER STVANCOUVER

3706 1011 W CORDOVA STVANCOUVER

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KANAVERO REAL ESTATE GROUP { Royalty Group Realty } 1425 WEST PENDER VANCOUVER BC V6G 2S3

cell: 778.999.7999 tel: 604.685.5445 fax: 604.688.6316 [email protected] // www.KanaVero.com

It is with great excitement that we enter the real estate arena with the satellite office of Royalty Group

Realty, dedicated to Vancouver’s waterfront communities, and its clientele. Our storefront is located in the affluent neighbourhood of Coal Harbour. We develop to be a supporting pillar serving the real estate needs of our community, and actively cross promoting with all supportive business’s that make this area a destination location.

We are poised to drive timely results within the current and foreseeable market conditions through the proven method of a specialised team based approach. We will be employing the latest technologies to better expose your property to the right groups and individuals, increasing the chance of getting the best out of the market conditions. Dedicated buyers agents will provide a highly qualified stream of potentials to the growth and demand of the community as our listing agents take further market share. A dedicated property management agent for residential and commercial assets will care for the investor class client that looks to hold and drive consistent cap rates. In house mortgage consultant will elevate the stress of shopping the market for the best rates and provide all the options to suite your individual needs. In house immigration

consultancy will also bolster the pipeline of clientele that will be looking to acquire the lifestyle which our clients are accustomed to.

KanaVero is the physical representation of the real estate culture that Milad Khavari and Arash Vince Nazari have been raised in from the time Vancouver was called home. With involvement of family owned and developed properties throughout the city, has afforded us the real hands on experience and appreciation for wealth security, early on. With a collective of ten years in the local and international markets, the energy of youth, incorporation of cutting edge technology, an authentic approach in serving new networks, while safe guarding our foundation of longstanding relationships, makes us the ideal group to represent the select waterfront communities of Greater Vancouver. We look forward to the opportunity of meeting and receiving you in our storefront to open January of 2013.

R E A L E S T A T E G R O U P

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Property managers can be an asset for a property investor. They can also be a detriment if they are not

chosen wisely. Use following tips to learn everything you need to make an informed decision.

1. be business mindedWhen you fail to plan, you plan to fail as the old adage

goes. In order to succeed in property investment, you need to have a detailed strategy mapped out and keep sight of your long-term goals. When it comes to managing your property portfolio, you should think like the owner of a business, because that’s essentially what you are!

Employ the best people for your team, take an active interest in all aspects of what they’re doing and communicate with them regularly because at the end of the day, it’s your asset and you need to make sure it’s being looked after effectively.

2. don’t get emotionally involvedWhile we understandably wear our hearts on our sleeve

when we go shopping for a new home–after all it’s where we raise our family and find sanctuary from the daily grind– allowing your emotions to get in the way when it comes to your property investments is a big mistake.

Rather than imagining yourself in the property you’re looking at, think about the type of tenant you want to attract and whether they would be happy living there.

After all, the tenant will help to pay your mortgage and by knowing your target market and catering to their likes and dislikes, you’re less likely to have extended vacancy periods and more likely to achieve top rental dollar.

3. keep your property pristineOne way to make sure you get the best tenant to look after

your asset, whilst at the same time ensuring it retains its long-term value, is to conduct regular and timely maintenance.

With rents on the rise, tenants are increasingly particular about the condition of properties and will be reluctant to pay top dollar for a hovel that’s seen better days. By keeping up appearances with a fresh coat of paint as required, attending to any necessary repairs or even installing an air conditioner or dishwasher to take that bit of extra care for your tenants, you will reap the rewards with a top rental price.

Additionally, you are more likely to attract a tenant who pays their rent on time and treats the property with the same respect as they would their own home. And let’s face it, a well maintained property would be a money-spinner for the long term as it continues to grow in value, rather than losing value due to untended wear and tear.

4. stay on top of rent reviewsTo maximize the return on your investment, it is essential

to keep on top of where the rental market is heading. Conducting annual rent reviews will ensure you always achieve the best possible price and therefore returns on your asset. Often, by increasing your rent in line with the market, you can decrease the divide between rising monthly mortgage repayments and the contribution your tenant makes each month.

A word of warning though... Getting too greedy can have the opposite effect and alienate a good tenant, who might decide to move on to greener pastures. For this reason, you need to weigh up whether gaining a bit more in the short term could see you lose out in the long term because your property is over priced and remains vacant for longer.

5. don’t make it personal Making friends gives us a warm, fuzzy feeling right?But getting too intimate with your tenants can actually

cause a world of pain for landlords. Firstly, there’s more chance of complications when it comes to the tenant paying their rent in a timely manner, as they might feel they can take advantage of your personal relationship.

Secondly, if you stretch the friendship and pop around to visit too frequently, the tenants might end up accusing you of breaching their legal right to quiet enjoyment of the rental property. Again, this is where the benefits of employing a business management attitude toward your property investment, as opposed to getting personal, are invaluable.

6. have good hired helpA good business owner recognizes that they can’t do it all

themselves. They hire a good team of professionals to help them effectively manage their interests and generate the best possible profits. The same should apply for property investors.

Employing an experienced property manager, who knows the area your property is in intimately, will be a great benefit in the long term. A good property manager will collect the rent, handle maintenance issues and liaise with the tenants on your behalf. Best of all, they will do it all within the parameters of the laws pertaining to rentals and in a professional manner.

By handing your asset over to a property manager and paying a small, tax deductible fee for their services, you will ultimately free up your own invaluable time to do what matters most – finding more lucrative rental properties to add to your portfolio.

Have questions? CONTACT SINA AT: 778.895.6245 | [email protected]

ARTICLE BY SINA TAJBAKHSH

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T R I - C I T I E S / R I C H M O N D / N E W W E S T


rashid lalani 604.721.7049

maria belanic 604.617.8259

jenny wang 604.780.4725

rashid lalani 604.721.7049 saleem dhalla 778.322.5040

moe khalilbeigi 604.727.4044

3065 sq.ft • 6 bedroom, 4 bathWell kept and updated homePotential for land assembly/rezoning

847 sq.ft • 2 bedrooms, 1 bathGreat for first-time buyersClose to park and transit

1050 sq.ft • 3 bedrooms, 1 bathCozy rancher on large lotGreat for reno/build your dream home

2157 sq.ft • 4 bedrooms, 3 bathsPrime location of Maple GroveGenerously sized rooms

835 sq.ft • 2 bedrooms, 1 bathWell kept third floor unitSecluded and quiet location

1127 sq.ft • 2 bedrooms, 2 bathsPenthouse floor, end uitPriced below city assessment

888 sq.ft • 2 bedrooms, 2 bathsNext to Coquitlam centre mall Tranquil north west exposure

$788,000

$204,800

$439,000

$1,299,000

$199,800 $345,000

$419,000

2900 MEADOWVISTA PLCOQUITLAM

411 365 GINGER DRNEW WESTMINISTER

1435 LARKSPUR DRPORT COQUITLAM

10200 BAMBERTON DRRICHMOND

316 340 GINGER DRNEW WESTMINISTER

2417 244 SHERBROOKE STNEW WESTMINISTER

3001 2978 GLEN DRCOQUITLAM

heather kim 778.847.1452

3110 sq.ft • 5 bedrooms, 5 baths, new addition, just like new house without HSTPanoramic view of Inlet and mountains. Custom millwork, Hardwood floors. New energy efficient furnace, new electrical, new plumbing.

$998,0002187 PARK CR COQUITLAM


1268 sq.ft • 3 bedrooms, 3 bathsWell kept town home at the ChancellorHeart of Richmond centre

$539,000

8266 SABA RDRICHMOND

mahmood ahamed 604.618.0039

1236 sq.ft • 2 bedrooms, 2 bathsNew carpets, large loftScenic views of the Fraser River

$299,900207 74 MINER STNEW WESTMINISTER


nicholas alexander 604.910.7815

daniel preston 604.617.5981

pedram naimi 604.345.3339

1400 sq.ft • 3 bedrooms, 2 bathsCompletely fenced yardFunctional layout

1815 sq.ft • 3 bedrooms, 3 bathsCharming family home close to parkWalk score of 87!

85 unit senior rental buildingReady to completeincl. proforma permits, plans, appraisal

833 sq.ft • 2 beds, 2 bathsHigh end finishing, laminate floorsClose to shopping, transit

$318,900

$608,900

$1,990,000

$259,999

5748 EMILY WYSECHELT

5013 WESTMINSTER AVLADNER

801 VANCOUVER STCRESTON

A312 8929 202ND STLANGLEY

sahar barati 778.829.7724sahar barati 778.829.7724

2129 sq.ft • 6 bedrooms, 5 bathsBrand new houseDesirable neighbourhood

2129 sq.ft • 6 bedrooms, 5 bathsBrand new houseDesirable neighbourhood

$799,000$799,000

312 STRAND AV NEW WESTMINSTER

310 STRAND AV NEW WESTMINSTER

alan j. charlton 604.787.7357

91.6 Arces across from the Belmont Golf CourseLargest privately held Parcel this close to Vancouver Heart of the Diamond Triangle, a developers dream

$9,998,000TELEGRAPH TRAIL LANGLEY

irina novinska 604.874.4800

1476 sq.ft • 3 bedrooms, 3 bathsVery well maintained townhouse New screen doors and screen windows

$355,000

85 9405 121ST STSURREY

pedram naimi 604.345.3339

arun dua 604.418.1770

4068 sq.ft • 7 bedrooms, 7 bathsMulti-control radiant heatingTwo bedroom suite with lane access

1,283 sq.ft • 2 bedrooms & 2 bathsExcellent lot to build your dream home2 blocks away from beach

$699,900

$560,000

14276 62A AVSURREY

949 STAYTE RDWHITE ROCK

SO

LD

SO

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S U R R E Y & B E Y O N D

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Home sales in the province’s largest market have trended

lower since the beginning of the year. Tighter high-ratio mortgage credit regulations introduced in July have further softened consumer demand. The key change was the reduction of the maximum amortization period for

REALTY CHECKVINCE NAZARI

778.999.7999

BCREA 2012 FOURTH QUARTER HOUSING FORECAST

As wacky Bernanke is back on the printing press at a pace of $40 Billion a month, making it easy to understand the

continued pump and dump strategy that is keeping a good part of the planet dazed and confused, now and for the foreseeable future. We must pause for a moment and digest the barrage of information, miscommunication, and global devastation that is causing the most chaotic time in the history of Generation X.

When one takes a closer look at the current global strife, it is reminiscent of your 9 year old memories of playing risk on the living room floor with the family. Nothing has changed, and nothing will change, except for the personal choices that this generation is faced with, that will begin to reshape the disfigured structure of our society that we are left with.

Please don’t misunderstand, I am not criticising the current models or systems of management, merely pointing out the facts at hand, and how this is effecting the movement of $$$ and a desperate need to the return of modesty.

Modesty can be viewed as our common denominator, Terra Firma, Gods Green, Real Estate. Activity in the last quarter of this year has been slow at best compared to previous year to

date performance. This is understandably so because sentiment is one of the leading factors in the investment and strategic movement of your life’s labour. Here in Canada we have one of the least corrupt systems of management, with leaders like Jim Flaherty the Minister of Finance and Mark Carney the Gover-nor at the Bank of Canada.

With their senses keenly focused on the global stage and the unprecedented values associated with uncertainty that is out of their realm of control, they have recently adjusted the g.d.p of Canada to 2%. This is a reflection of conservatism that has helped maintain the health of our economy in the past for the present, and poised in the future. Realising that Vancouver has consecutively been rated as one of the Top Ten Cities in the World, makes it easy to appreciate the values associated to the crowning jewel of Canada and how more than ever, the time is NOW to pick your piece of paradise.

Mark these words, real estate values in Vancouver will not fluctuate more than the average 9% to 12% we have seen for the last 6 months, and as the effects of Obama’s victory restart the American Engine, Canada will be the first to react through immigration and infrastructure improvements that will help lift sentiment, exceed expectations, and drive results.

CURRENT RATES WITH PAYMENTS PER $100,000 WITH 25 YEAR AMORTIZATION

1 YEAR FIXED 2.39% $442 2 YEAR FIXED 2.49% $4473 YEAR FIXED 2.69% $4574 YEAR FIXED 2.99% $4725 YEAR FIXED 3.09% $47710 YEAR FIXED 3.89% $520

*on approved credit rates subject to change

government backed mortgage insurance. As a result, Vancouver’s home sales for the year are expected to be almost 21 per cent lower than in 2011. However, market fundamentals suggest stronger sales activity ahead. Full-time employment has been growing at a 3 to 4 per cent clip for several months, mortgage interest rates remain at or near historic lows and the population base continues to expand.

Fewer residential transactions have led to an increase in the total number of active listings in the market. The region now exhibits buyers’ market conditions, meaning little, if any, upward pressure on home prices.

While the average annual residential price is expected to decline nearly 6 per cent this year and a further 2 per cent in 2013, it belies the fact that average price data was skewed high in 2011 by a spate of high-end home sales. The benchmark price, the price of a typical home in the market, didn’t experience the price appreciation, and subsequent decline, that average price statistics suggested. As a result, average price figures for Vancouver should be used with caution. Our analysis points to home prices remaining essentially flat through 2013.

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201 8838 HEATHER STVANCOUVER

1271 MARINE DRNORTH VANCOUVER

C O M M E R C I A L




michael hickey 604.762.6429


michael hickey 604.762.6429



Specialty sandwiches and coffee shop Healthy alternatives Busy food court on Robson Street

Upgraded building, new heat exchangerWindow treatments, fob entryClean building in highrise zoned area

High foot traffic and a ton of high risesSolid client base, established businessVery affordable lease

Well managed fitness centre Profitable & stable membershipGood lease and great equipment

Flagship location in downtown Great potential for revenue increase No franchise fee for the rest of the lease

Mediterranean deli and wholesaleSales over $900k/yearIncludes $400k in working capital

2nd Floor Corner unit located at front of business parkCompletely renovated floor to ceiling, 2 large Offices, 1 huge open area, Bathroom with shower.

1295 sqr ft with 28 feet frontage exposure to marine dr.

Newly Developed 'ivy' consists of 26 residential units atop of 4 retail units. The Commercial units enjoy 12 designated stalls in the back of the building. This particular unit is improved with 1 two piece handicapped accessible bathroom, and has one secure underground parking.

$29,000

$1,998,000

$85,000

$479,000

$399,000

$650,000

Lease: $16.00/SQFT Op Cost: $5.33/SQFT

Lease: $16.00/SQFT Op Cost: $5.33/SQFT

Sale: $840,000

213 1610 ROBSON STVANCOUVER

605 3RD AVNEW WESTMINSTER

109 15TH ST ENORTH VANCOUVER

12155 191B STPITT MEADOWS

CONFIDENTIALVANCOUVER

3207 BROADWAY BBVANCOUVER

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A C C E N T U A T E T H E Q U A L I T Y

T: 604.719.3827 | F: 604.569.0568 | www.primehood.com

Documents

Royalty Living Winter 2012