The V List Homes - Virani Real Estate · The V List Homes ARE YOU ON THE ... Arun Masand Oﬃ ce Manager ... induce breach of existing agency agreements. ©2006 Virani Real Estate

The V List Homes

ARE YOU ON THE V LIST ?

Virani Real Estate Advisors | 604. 913.1888 | www.thevlist.com

June 2006

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Virani Real Estate AdvisorsThe Village at Park RoyalJ4–925 Main StreetWest Vancouver, BC V7T 2Z3604.913.1888

Karim Virani

President

Haneef Virani

Vice President

Frank Kearney

Realtor / Managing Broker

Diana Brown

Realtor

Monica Virani

Realtor

Kevin Lynch

Realtor

Sarfraz Virani

Realtor

Arun Masand

Offi ce Manager

Gwen Webster

Client Care Offi cer

Edlira Gjoshe

Client Care Offi cer

Charmaine von PosselAccounts / Conveyance

This communication is not intended to cause orinduce breach of existing agency agreements.©2006 Virani Real Estate Advisors

KARIM’S WELCOME

1

Our buyers and sellers continue to compliment us on our new publication, The V List Homes. Our new website due to launch has also drawn much favourable comment. The “V” theme has hit a very responsive note with all who have had contact with it. The new Federal Budget with the reduction of 1% in the GST has brought a slight relief to home buyers but a much greater relief could be available if the Provincial Property Transfer Tax (PTT) was eliminated or at least reduced. This tax which has brought a huge amount of revenue to the Provincial Government has created hardships for many potential buyers. The elimination of this tax for lower priced properties would be a good fi rst step. Home ownership continues to be a great investment in the long run as those who purchased a home some years ago will attest to.

If you would like to see your home listed in this publication or for a no-obligation market evaluation, contact me at 604.913.1888. You are also welcome to stop by our offi ces in the Village at Park Royal and discuss your Real Estate needs.

Best Wishes

Karim Virani

“If you can dream – and not make dreams your master” - From the Poem “If” by Rudyard Kipling

LUXURY HOME


LUXURY HOME

2

2639 Finch Hill, West Vancouver

Gorgeous Panoramic Views

Enjoy gorgeous panoramic views from Mount Baker to Vancouver Island from this exceptional 7,000 square foot mansion. Perched high on the hill in

Canterbury this luxurious custom built home off ers an open fl oorplan perfect for entertaining, designer kitchen, 5 ensuited bedrooms, outdoor pool and

Jacuzzi, heated driveway and much more.

$3,488,000


WEST VANCOUVER

West Vancouver Market CommentWest Vancouver situated along the waterfront at the foot of the Coast

Mountains Range continues to be one of Canada’s most affl uent communi-

ties and the strong real estate market continued for April 2006.

Even though some analysts are now suggesting that the market is now at

or near the top, the number of sales of detached homes in West Vancouver

rose by 75% in April 2006 compared to April 2005 according to the Real

Estate Board.

West Vancouver’s location close to the City of Vancouver and so close to

the great outdoors is a wonderful place to purchase a home and raise a

family.

$ 3,499,000

$3,299,000

$2,998,000 $2,988,000

$3,399,000

3

1652 Pinecrest DriveComplete panoramic view from Mt. Baker to Vancouver Island from this custom designed 3 level mansion. Over 6,000 square feet of true luxury with a very open fl oor plan designed for entertaining. High quality fi xtures throughout, loads of decks and great backyard area. Quiet cul-de-sac location in the prestigious Canterbury subdivision.

1015 Eyremount DriveSophisticated architecture, new, casually elegant 2 level Lamoureux designed home with panoramic view. Expansive, contemporary kitchen opens onto double height dining and living areas. Radiant heat and Brazilian Cherry hardwood throughout, heated porcelain bathroom tile, UV metal windows, granite kitchen and bath coun-ters, Italian lighting, no-fog mirrors, alarm, built-in vacuum and elevator shaft.

2703 Willoughby RoadStunning panoramic views from this newly constructed home by British Pacifi c Properties. Designed as the original show home, this spectacular residence off ers all the bells and whistles one could want. Gleaming hardwood fl oors, gourmet top of the line kitchen, enormous master suite, lap pool, hot tub and level driveway.

1436 Bramwell RoadBreathtaking southerly views from Mount Baker to Vancouver Island and be-yond from this newly built custom home on one of the British Properties fi nest streets. This open plan home has been built to the highest standards and quality and off ers almost 7,000 sq. ft. of luxurious living.

1068 Eyremount DriveThis ambassador quality Italianate villa is fi nished in imported limestone and plaster. The residence and the surrounding grounds are fi nished in the grand manner of pre-war Europe. The style of this highly original home is carried with a personality, poise and self-assurance. For a worldly owner of sophistication and taste.

$ 3,499,000

$3,299,000

$2,998,000 $2,988,000

$3,399,000

Virani Real Estate Advisors | 604. 913.1888 | www.thevlist.com 5

SOLD

2435 Russet PlaceTranquil, large 19,000 sq. ft. gated estate and spacious light fi lled contemporary 3 level home on quiet cul-de-sac. Enjoy south/west views to the ocean and U.B.C. Creeks and natural green setting from all rooms and wrap around deck. 4 bed-rooms, 3 full baths and a level driveway.

1153 Eyremount DrivePanoramic view! Graciously renovated 8 bedroom, 5 bathroom home on acre lot in British Properties. Updated kitchen with Sub-Zero fridge, Dacor cook top, Bosch dishwasher and more. Marble fi replace, hardwood fl oor and beautiful ceiling details in living and dining room. French doors open onto living room and onto glass railing sundeck.

$2,149,000 $1,699,000

$2,890,000 $2,888,000

$1,588,000 $1,329,000

1482 Chippendale DriveGorgeous custom designed 5100 square foot home with panoramic city and water views. Gourmet, granite kitchen with Sub Zero, Miele and Wolf Appliances. Elegant living and dining rooms and cozy family room off kitchen. Nice open fl oor plan, air conditioning , level backyard and three car garage.

2079 Queens AvenueAbsolutely stunning two acre estate in central West Vancouver! Be the fi rst to view this brand new 6000 sq. ft. luxury home in absolute privacy! This gated home is the ultimate entertainment residence off ering top of the line fi nishing throughout.

941 Eyremount DriveBuild your dream estate on this gorgeous gently sloping lot with level driveway on Eyremount Drive in prestigious British Properties. Currently off ering good views to the south and south/east with great potential for fabulous views. Rare opportunity in this excellent location.

1675 Lawson AvenueAmbleside family home. Your chance to acquire this fabulous 2 level home located on a quiet cul-de-sac. Features include dramatic vaulted ceilings, family room off kitchen, spacious living and dining areas, 2 fi replaces, level driveway, tranquil private setting. Enjoy the outdoors on 2 large decks facing west!

THE VERTEX 1436 Bramwell Road, West Vancouver

Virani Real Estate Advisors | 604. 913.1888 | www.thevlist.com6

720 Southborough Drive, West Vancouver

THE STORY OF THIS HOUSESpectacular 5 bedroom custom built family estate set on a rarely off ered level half-acre lot. This special residence off ers a wonderful open plan living area facing out towards fully landscaped level backyard, fi reside patio, outdoor pool and hot tub. Custom fi nishes include solid hardwood fl oors, numerous built-ins, gourmet kitchen with top of the line appliances, nanny’s quarters, wine cellar, me-dia room, and large circular driveway with water fountain. A one of a kind home in this convenient Lower British Properties location!

$3,899,000



MARKET WATCH

8

“It’s a great market for sellers and thanks to our con-tinuing low interest rates, it’s also a healthy market for buyers. - REBGV president Rick Valouche.

“While residential real estate sales are lower than last year, the current housing market is still strong with sales up eight per cent compared to April 2003,” says Valouche. “Both 2005 and 2004 were remarkably strong years during which consumers were satisfying pent-up demand for housing.”

Vancouver, B.C. May 2, 2006 - The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 3,345 units in April 2006, a decrease of 17.3 per cent compared to April 2005’s 4043. This fi gure also represents a decrease of 18.5 per cent over April 2004 when 4,103 sales were recorded.

“Market activity continues to put pressure on listing inventory, which is down 22.3 per cent over the same period in 2005,” says REBGV president Rick Valouche. “It’s a great market for sellers and thanks to our continuing low interest rates, it’s also a healthy market for buyers.

According to Multiple Listings Service® (MLS®) data, sales of apartment properties decreased by 18.4 per cent to 1,366 sales in April 2006 compared to 1,675 sales in April 2005. The benchmark price of an apartment property in Greater Vancouver, calculated by the MLSLink® Housing Price Index, is $309,484, up 21.8 per cent from one year ago.

Sales of attached properties decreased 12.9 per cent in April 2006 to 539 sales, compared to 619 sales in April 2005. The benchmark price of an attached unit is $380,163, up 16.7 per cent from a year ago.

Sales of detached properties decreased 17.7 per cent in April 2006 to 1,440 sales, compared to 1,749 sales in April 2005. The benchmark price of a de-tached unit is $620,947, up 19.7 per cent from last year.

Spring off ers great residential opportunities

More than 63 per cent of residential properties sold in April 2006 were sold below the Greater Van-couver average price of $502,845.The Real Estate industry is a key economic driver in British Columbia. In 2004, dollar volume sales of homes in Greater Vancouver set a new record at more than $13.8 billion. Based on this fi gure, Greater Vancouver home sales in 2004 generated over $1 billion in related sales.


SOLD

SOLD

601 Hawstead PlaceGorgeous views from Downtown Vancouver to Mount Baker and beyond from this very well maintained 5 bedroom renovated home. This 2 level post and beam of-fers large open living spaces with vaulted ceilings, skylights and plenty of windows to let the sunshine in all day long.

229 Rabbit Lane Custom built one owner 4 bedroom home off ering tremendous sunshine, privacy and tranquility at the quiet end of Rabbit Lane. With all main rooms enjoying the sunshine, this spacious open plan living over 3 levels is designed for entertaining. Lots of room to enjoy the sunshine in this great family home.

5310 Westhaven Wynd Bright and spacious 3 bedroom and den, 3 level contemporary home located on a quiet child-safe cul-de-sac. Features include a lovely vaulted entry with skylight, large kitchen and family room area, California shutters, huge master suite with big ensuite, rec room on lower level, double garage and easy care lot.

1201-3355 Cypress Place Gorgeous panoramic views from this high fl oor 2 bedroomplus family room and den suite in PHASE 1 of STONECLIFF. Luxuriously appointed throughout featuring Brazilian hardwood fl oors, granite and stainless kitchen, and absolutely phenomenal views of city and water. Facilities include gym, hot tub and 2 guest suites.

201-2150 Bellevue AvenueTotally renovated from top to bottom is this fantastic 2 bedroom suite with over $60,000 of upgrades. Features include new oak hardwood fl oors, new granite and stainless kitchen, gorgeous marble bathroom, insuite laundry, new paint and baseboards. South-west exposure with partial ocean views!!

$1,199,000

$1,078,000 $1,088,000

$474,800 $1,349,000

#401 - 1717 Bayshore Drive Spectacular views to Coal Harbour and Marina from this waterfront 2 bedroom and den suite. Over 1,700 square feet of open-plan living suitable for entertaining. Features include a lovely outdoor patio, 9 foot ceilings, air-conditioning,gorgeous master insuite and resort style amenities. A very rare opportunityin this exclusive location!!

$1,699,000


NORTH VANCOUVER

North Vancouver Market CommentSales of both attached homes and apartments in North Vancouver contin-

ued strong in the month of April 2006 putting pressure on the available

number of listings which were down over the same month in 2005. This is a

great market for sellers and with the still low interest mortgage rates buy-

ers can benefi t like never before.

Aff ordability is a theme that is creeping in to the market place but the Real

Estate Board reports that 63% of residential properties sold in April 2006

were sold below the Greater Vancouver average price of $502,845, and that

pockets of aff ordability exists if the buyers are prepared to be fl exible in

their expectations.

10

974 Montroyal BoulevardGreat 4 bedroom, 2.5 bath family home with recent renovations including new hardwood laminate fl oors, new kitchen appliances and new blinds throughout. Practical main level plan with family room off kitchen and sliders to level child friendly backyard. The upper fl oor boasts 4 large bedrooms, including master with 5 piece ensuite bath.

2549 Hyannis Point Unprecedented location at the top of ever popular Blueridge on a quiet, safe and peaceful cul-de-sac. The perfect combination of serenity, beauty and lifestyle. This home has a versatile fl oor plan with loads of potential for further improvements with a full height basement and large open rooms.

728 East 3rd Street Exciting updated entry level home on a full size lot, with funky features, top fl oor private master bedroom with full ensuite, loads of parking and a smashing private oasis in your backyard. Check out the cool pond.

206-175 West 1st StreetNorth Vancouver’s hot spot and trendiest new area. If you’re looking for a young popular building that looks better than the original show suite - don’t wait. Walk to John Brathwaite recreation centre, Lonsdale shopping and restaurants or down to the Sea Bus. This is also a spectacular investment opportunity.

903-125 West 2nd StreetGorgeous views from Downtown Vancouver to Lions Gate Bridge from this 2 bed-room, 2 bath south-west corner suite. This high fl oor suite off ers a nice open plan with fl oor-to- ceiling windows. Features include a marble tiled entry, large kitchen with eating area, 2 balconies, 2 secured parking stalls and storage locker.

$724,900 $559,900

$495,000 $329,000

$759,000


LUXURY HOME 756 Southborough Drive, West Vancouver

Stunning New Home by Noort Developments

Stunning new 5 bedroom and den home by Noort Developments off ering over 6,300 square feet of gorgeous living space. A dramatic entry leads you

to a spacious main level with walnut stained hardwood fl oors, granite and stainless kitchen and access out to a level patio and backyard area. The upper

level off ers 4 large bedrooms including a sumptuous master suite. The lower level has rec room, media room plus nanny’s room. Other features include

a 3 car garage, and a fully landscaped 1/3 acre lot. A very special home in this great location!!

$2,388,000


ADVISOR PROFILE

12

Kevin Lynch is far more than a top selling Virani Real Estate Advisor.

He is someone that lives a passionate life. Kevin says, ‘Life is precious. You need to hold it dear, treat every moment as if it were your last and always remind yourself that you can make a monumental contribution. You can accomplish anything you can conceive – the only limitations are those you place on yourself.’

In addition to his clients, he dedicates his time to his wife, son and daughter, his extended family and closest friends. He helps with coaching basketball, soccer and some hockey and says the rewards of helping others are immeasurable.

Working with people is his passion and that is why he sells real estate.

‘I try to help someone new every day. It’s one of the fundamental principals of how I live my life that ‘you get what you give’. It is the ying and yang. That’s why real estate makes so much sense for me. It allows me to actually make an incredible contribution and help people with some of their biggest life and family decisions. I feel honoured and blessed to work with, assist and learn from so many diff erent wonderful people.’

As well as helping his clients make well informed decisions Kevin brings an ease to the entire process of buying and selling your home. His friendly and open approach makes the entire process an enjoyable experience.

‘There’s no reason you can’t enjoy working with your clients’, Kevin says. ‘In fact, I make it my goal to give all my clients a level of service that combines the best experience and results with a down to earth, caring demeanour. In business, my aim is to treat all my clients with the same level of caring and respect I would that of my family and friends.’

When it comes time to sell or buy your home, call Kevin Lynch for a no-obligation home evaluation at 604.913.1888.

Kevin Lynch • Peak Performance

Kevin Lynch – Peak Performance on the Virani Real Estate Advisors Team – North Vancouver Area Specialist

“You can accomplish anything you can conceive – the only limitations are those you place on yourself.”

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striving for the simplest expression of the four best ingredientsf o o d s e r v i c e a t m o s p h e r e v i e w

150-25th Street West Vancouver 604.922.1414 atthebeachhouse.com

Documents

The V List Homes - Virani Real Estate · The V List Homes ARE YOU ON THE ... Arun Masand Oﬃ ce Manager ... induce breach of existing agency agreements. ©2006 Virani Real Estate