12
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, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca! VANCOUVER EASTSIDE FRIDAY, JULY 24, 2015 info@rew.ca • 604-435-7977 REAL ESTATE WEEKLY B uyers looking for the benefits a detached home offers without the hassle of maintenance – or the exorbitant prices – are turning in increasing numbers to new townhouse developments. Sales of townhomes currently account for 60 to 70 per cent of new home trans- actions in the Fraser Valley. Townhouse sales in that region jumped nearly 21 per cent in May 2015 compared with the previous May. Those numbers would likely be mirrored in Metro Vancouver except for the limited supply of new townhomes in many of that region’s municipalities. Even so, there were 733 townhouse sales across Metro Vancouver in May 2015 – an increase of 34 per cent compared with May 2014. What’s Driving Sales? “Townhomes appeal to a broad seg- ment of the market... people who want to own a home but not an apartment,” says Scott Brown, president of Fifth Avenue Real Estate Marketing, a resi- dential real estate sales and project marketing organization. “They want to build equity and have children, but they don’t want such a big financial burden that they can’t afford a vacation.” Michael Ferreira, managing princi- pal at Urban Analytics, a real estate and urban planning consultant firm, says affordability is the primary driver. “Townhomes are fairly affordable, espe- cially in the Fraser Valley,” he says. “It’s the next best thing to a single-family home: you have your own front door, outdoor space, a garage, multi-levels. It’s a no brainer.” Real estate consultant and urban planner Michael Geller notes townhous- es are popular with buyers across vari- ous demographics. “Many empty nesters aren’t ready for an apartment. And for those mov- ing up from an apartment, single-family houses are simply not affordable. They see townhouses as an attractive alterna- tive.” Product Innovation Townhouses have traditionally been skinny, three-storey buildings with tan- dem garages. But designs are changing and bringing more people to the market. “Developers are constantly making notes on unfulfilled needs expressed by prospective buyers at their presentation centres,” says Brown. “Masters on the main floor have come about because of aging consumers telling developers they want that and that they don’t like three storeys with all the stairs.” Rooftop amenities that accommodate outdoor living are also popular. One Langley site, Exchange, has enjoyed such strong sales the developer has accelerated construction to keep up with demand. “Exchange’s rooftop decks replace the traditional patch of grass a townhouse offers,” says Ferreira. “You’re locked in with three neighbours but you still have outdoor space.” It’s not just the Fraser Valley that’s seeing this trend. Marcon, a Vancouver developer, currently has two townhome projects in the design stages – one along Granville Street with 18 homes and one just off Cambie with 24 homes. To date, they’ve built hundreds of townhomes across the Lower Mainland, including the Century Signature and Westchester developments, both in Vancouver. “In the past two years there has been a major shortage of townhomes in Vancouver, which has resulted in fast absorption rates and higher prices,” says Nic Paolella, Marcon’s develop- ment manager. Strata Vs. Non-Strata Most townhouses are strata-titled, with purchasers becoming members of a condominium association. But not all buyers want the associated strata main- tenance fees and restrictions. While they are still the exception rather than the rule, there is an emerging demand for non-strata townhouse developments. Parkside (pictured) and Bedford Landing in Langley are fee-simple proj- ects. And Aragon Homes built a non- strata row house development in New Westminster’s Port Royal community. These projects proved to be highly mar- ketable and more are sure to follow. The Townhouse Mindset The demand for townhouses is not going to decrease any time soon. Fifth Avenue Real Estate Marketing cites a recent survey of more than 40 indus- try leaders. More than 96 per cent of them believe the townhouse sector will continue to advance to meet growing consumer demand. “It’s going to be the standard mindset for the next 10 to 15 years,” says Brown. “We need to be greener and we need to squeeze more homes onto available land without compromising lifestyle. Townhouses are the alternative that best meets the needs of multiple part- ners.” GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE Home Sales Across BC Jump 25.6% in June; Prices Rise 13.5%: BCREA What the BoC Rate Cut Means for the Economy and Housing Market Opinion: Racial Discrimination in BC Real Estate and What We Can Learn The Rise and Rise of Townhomes

VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

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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 11 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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Page 1: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

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, fi nancing and comparative

properties in your area.

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

VANCOUVER EASTSIDE FRIDAY, JULY 24, [email protected] • 604-435-7977

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

Buyers looking for the benefi ts a detached home off ers without the hassle of maintenance – or

the exorbitant prices – are turning in increasing numbers to new townhouse developments.

Sales of townhomes currently account for 60 to 70 per cent of new home trans-actions in the Fraser Valley. Townhouse sales in that region jumped nearly 21 per cent in May 2015 compared with the previous May. Those numbers would likely be mirrored in Metro Vancouver except for the limited supply of new townhomes in many of that region’s municipalities. Even so, there were 733 townhouse sales across Metro Vancouver in May 2015 – an increase of 34 per cent compared with May 2014.

What’s Driving Sales?“Townhomes appeal to a broad seg-

ment of the market... people who want to own a home but not an apartment,” says Scott Brown, president of Fifth Avenue Real Estate Marketing, a resi-dential real estate sales and project marketing organization. “They want to build equity and have children, but they don’t want such a big fi nancial burden that they can’t aff ord a vacation.”

Michael Ferreira, managing princi-pal at Urban Analytics, a real estate

and urban planning consultant fi rm, says aff ordability is the primary driver. “Townhomes are fairly aff ordable, espe-cially in the Fraser Valley,” he says. “It’s the next best thing to a single-family home: you have your own front door, outdoor space, a garage, multi-levels. It’s a no brainer.”

Real estate consultant and urban planner Michael Geller notes townhous-es are popular with buyers across vari-ous demographics.

“Many empty nesters aren’t ready for an apartment. And for those mov-ing up from an apartment, single-family houses are simply not aff ordable. They see townhouses as an attractive alterna-tive.”

Product InnovationTownhouses have traditionally been

skinny, three-storey buildings with tan-dem garages. But designs are changing and bringing more people to the market.

“Developers are constantly making notes on unfulfi lled needs expressed by prospective buyers at their presentation centres,” says Brown. “Masters on the main fl oor have come about because of aging consumers telling developers they want that and that they don’t like three storeys with all the stairs.”

Rooftop amenities that accommodate

outdoor living are also popular. One Langley site, Exchange, has enjoyed such strong sales the developer has accelerated construction to keep up with demand.

“Exchange’s rooftop decks replace the traditional patch of grass a townhouse off ers,” says Ferreira. “You’re locked in with three neighbours but you still have outdoor space.”

It’s not just the Fraser Valley that’s seeing this trend. Marcon, a Vancouver developer, currently has two townhome projects in the design stages – one along Granville Street with 18 homes and one just off Cambie with 24 homes. To date, they’ve built hundreds of townhomes across the Lower Mainland, including the Century Signature and Westchester developments, both in Vancouver.

“In the past two years there has been a major shortage of townhomes in Vancouver, which has resulted in fast absorption rates and higher prices,” says Nic Paolella, Marcon’s develop-ment manager.

Strata Vs. Non-StrataMost townhouses are strata-titled,

with purchasers becoming members of a condominium association. But not all buyers want the associated strata main-tenance fees and restrictions. While

they are still the exception rather than the rule, there is an emerging demand for non-strata townhouse developments.

Parkside (pictured) and Bedford Landing in Langley are fee-simple proj-ects. And Aragon Homes built a non-strata row house development in New Westminster’s Port Royal community. These projects proved to be highly mar-ketable and more are sure to follow.

The Townhouse MindsetThe demand for townhouses is not

going to decrease any time soon. Fifth Avenue Real Estate Marketing cites a recent survey of more than 40 indus-try leaders. More than 96 per cent of them believe the townhouse sector will continue to advance to meet growing consumer demand.

“It’s going to be the standard mindset for the next 10 to 15 years,” says Brown. “We need to be greener and we need to squeeze more homes onto available land without compromising lifestyle. Townhouses are the alternative that best meets the needs of multiple part-ners.”

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Home Sales Across BC Jump 25.6% in June;

Prices Rise 13.5%: BCREA

What the BoC Rate Cut Means for the Economy and

Housing Market

Opinion: Racial Discrimination in BC Real Estate and What

We Can Learn

The Rise and Rise of Townhomes

Page 2: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

•2 REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015

Ramnik Dhaliwal778.239.0952

Roger Johal604.833.5162

7547 Cambie St., Vancouver, B.C. V5S 1J9

[email protected] [email protected]

Inspect, Build or Sellwe have got you covered

1669 ADANAC ST.,VANCOUVER

* FSR-1 ZONING RM-4* BUILD 1,900 SQFT EACH* AVAILABLE FOR $1.1M* TOTAL FLOOR AREA OF HOUSE

1,600 SQFT * APP. 32 X 122

3081 E4th Ave.* Approx 36 x 126

* RS-1 zoning

* $1,270,000

2384-2396 East 34th Ave.* $3,000,000* 88x89* RM-7 Land Assembly* Potential for 9 Townhouses

5950 Arlington Ave.* Prime Killarney area

* $1,388,888

* 50’ x 122’ lot with lane

3081 E4th Ave.* Approx 36 x 126

* RS-1 zoning

* $1,270,000

6311 Marine Dr, Burnaby* 86’ x 95’ lot * R-5 * Build side x side 2000 sf each side* $909,000 plus gst

each side brand new duplex* To be completed in Oct. 2015

903 East Broadway,Vancouver

* 66 x 122 Lot size * RM-4 Zoning* Corner of St. Catherine St* 8 townhouses DP (Development Permit) approved and paid $3,800,000* BUILD TO SUIT SAVE GST BUY

ONE OR MORE TOWNHOUSES (NOT BUILDING LOTS)

TOWNHOUSETOWNHOUSESITESITE

* RS1 ZONING * APP. 33 X 100 LOT SIZE* 3 LEVEL HOUSE + LANEWAY* 2278 SQFT. + LANEWAY* $1,600,000 PLUS GST

JUST COMPLETED

JUST COMPLETED

SOLDSOLD

SOLDSOLD

ATTENTION PROPERTY OWNERS AND DEVELOPERS! NOW INCREASE THE VALUE OF YOUR PROPERTY BY SUBDIVIDING, REZONING,DEVELOPING, RENOVATING ETC. WITH OUR TEAM OF SURVEYORS, ARCHITECTS, ENGINEERS AND BUILDERS.

WE HAVE 8-20 UNITS LAND ASSEMBLIES AVAILABLE IN RM-3, RM-4, RM-7 AND C-2 ZONING.

OPEN HOUSE SUNDAY JULY 26 2-4 PM3339 East 26th Ave.

Kevin Ng, MBA, B.Sc

Cell: (604) 781-0680Email: [email protected]: KevinNg.com

FOCUSED ON RESULTS ONE CLIENT AT A TIMEFor More Information on these listings, please call me, or visit

www.KevinNg.com

139 East 26th Ave, Vancouver$1,498,000Calling all young families! This fantastic Main street area home features 3 Bdrms and 2 1/2 baths plus a 2 bdrm 1 bath Legal Rental Suite. Substantially renovated in 2007 with permits, including new plumbing, electrical, fl ooring, mechanicals, and roof. Leave the car at home! Just 1 block walk to Main St shops, 3 blocks walk to General Wolfe Elementary and in Eric Hamber Secondary catchment. Walk Score of 94pts! Come see what this Modern Classic has to offer you and your family today!

15977 Pacifi c Ave,White Rock $899,000Here is a fantastic opportunity to purchase a solid starter home for the young family or the savvy investor. This South Facing Ocean View home sits on a 56 X 132’ level lot with rear lane access. It features 3 Bedrooms 1 bath on the main fl oor, a 1 bedroom 1 bath suite on the second level, and living spaces + powder room on the second level. Beautiful hardwood fl ooring throughout the living spaces. Don’t miss this opportunity!

Open House Sat/Sun 12-2 pm

Open House Sat/Sun 3-5 pm

WestCoast RealtyTM

Westside

www.normflockhart.com

NORM FLOCKHART(604) 261-7275

12 Year Member of MLS Medallion Club

PREC

OPEN SUN 3-5! $330,000

UNIQUE REVERSE PLAN! 388 SQ.FT. PRIVATE DECK!Almost 1100 sq.ft.on the top 2 fl rs at The Beresford! Living Space on top fl oor w/superb sundeck. 2 BRs & a semi-ensuite bath on the 3rd fl oor level. Newer kitchen & bath. Dog/ Cat Allowed. Stunning, resort-style courtyard. 7377 Salisbury Ave.

New Listings Direct to Your Inbox

GET YOUR FREE PROPERTY ALERTS

Page 3: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015 3•

Top New Home Construction AwardTop New Home Construction Award

BALDEV SANDHU 604-880-9571www.BaldevSSandhu.com DaveSandhu@royalpacifi c.com

JULIANA HO 778-869-9688www.JulianaHo.com [email protected]

MASTERDiamond Master

Medallion

ROYAL PACIFICR E A L T Y

Free Market Evaluation. Sell your house fast. Buyer with Cash Free Market Evaluation. Sell your house fast. Buyer with Cash looking for building lot. Custom build your dream house.looking for building lot. Custom build your dream house.

Over 35 years of experience in selling and custom building houses in B.C. Over 35 years of experience in selling and custom building houses in B.C. 15 years Diamond Master Medallion Club Member, 15 years Diamond Master Medallion Club Member,

Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.

- A very well maintain Van Special in 2 storeys convenient located at Renfrew area

- An ideal lot size 33 x 127 ft with spacious living area 2500 sf

- House features with 3 bdrms, 2 baths & kitchen at main floor, 2 bedroom suite at below floor plus one big recreation room to convert as a bachelor suite

- In addition, huge sundeck for enjoyment & double garage.

Vancouver East, RenfrewSpacious Van Special

2792 Kitchener St., Vancouver

NEW LISTING $1,298,000

- A stunning awarding winning “Mcpherson Walk North” community in South Burnaby

- By walking distance to Royal Oak Skytrain Station, Metrotown, sec. school

- 3 years quality built 609 sf unit features open flr plan, 9 ft ceiling, s/s appliances, insuite laundry, granite countertops

- Fitness room, meeting room, beautiful gardening- 2-5-10 year New Home Warranty

Burnaby South,Metrotown Apartment

220 5788 Sidley St., Bby

NEW LISTING $277,000

- A upper corner unit to enjoy gorgeous Northern mountain view

- Conveniently located at sought after prime Killarney area

- Very well keep spacious 1013 sf , lots of bright in the unit

- Features with family rm, dinning nook, kitchen, 2 bedrooms and 2 bathrooms

Vancouver East, KillarneyApartment, Upper Coner Unit

302 - 1958 E 47 Ave

NEW LISTING $423,000

A beautiful house situated on a great location between Main & Prince Edward on a quiet street in South Vancouver. Lot size 49.5 x 89.09. 2563 sf in 3 storeys of house. Total covered area over 3700 sf to be used. House has been mostly upgraded recently; new kitchen, bathroom, granite counter tops, painting, floorings, water tank, new appliances, such as fridge and more…. 4 bedrms and 2 full bathrm up, 3 pcs bathrms at main floor, and 2 bedrms suit at basement for extra income. Big cover sun deck, double garage in front. Lot depth actually 99 ft not 89 ft as 10 ft left at rear for lane !

Vancouver East, South Vancouver335 E. 62nd Ave.,Vancouver

NEW LISTING $1,458,000

- Convenient location close to all, school, shopping and public transit

- Under construction, top quality build approx. 2000 square feet in 3 storeys

- Granite countertop, Engineered hardwood floor, HRV system, Radiant Heat

- 3 bedrooms and den, and 2 bedroom suite in basement with separate entry, 2 kitchens, living room, 4 baths

Vancouver East, CollingwoodSide by Side Duplex

5603 Rhodes St. Vancouver

DUPLEX each $1,158,000

- 3-storey spacious duplex under construction in Collingwood neighbourhood

- The unit features 3 bdrms and 2 baths at above floor

- Den, kitchen, living room, powder room at main floor

- Granite counter tops, engineered hardwood floor, HRV system, radiant heat

- In addition, 2 bdrm suite in bsmt for extra income

Vancouver East, CollingwoodDuplex, 2 storeys with basement

5492 Dundee Street

$1,200,000

- Great location in Collingwood area

- A SxS Duplex under construction is coming soon

- 3-storey spacious 1975 sf unit built with a great floor plan and advanced technology

- 3 bdrms up, living room, family room and kitchen on main floor, 2 bdrm suite in bsmt

- Granite countertop, engineered H/W floor, kitchen cabinets

- Radiant heat & HRV system, high efficiency heating system

Vancouver East, CollingwoodSide by Side Duplex

2359 E. 41 Ave., Vancouver

$1,078,000

- Great location in Collingwood area.

- A SxS 1/2 Duplex under construction is coming soon

- 3-storey spacious 1900 sf unit build with a great floor plan and advanced technology

- 3 bdrms up, living room, family room & kitchen at main floor, 1 bdrm bsmt suite

- Granite countertop, engineering h/w floor, kitchen cabinets

- Radiant heat & HRV system, high efficient heating system

Vancouver East, CollingwoodSide by Side ½ Duplex

2838 Horley Street - Each unit

NEW LISTING $1,108,000

- Custom build, stunning house 4000 sf in 3 storeys plus 500 sf Lane Way House

- An ideal corner lot size 44.05 x 130.15 convenient location in the Collingwod district.

- By walking distance to Joyce skytrain station, community centre and shopping

- Family room, dinning room - 4 bedrooms up, den at main and 3 bedrooms down (1+2 bdrms

suite), 6 bathrooms and 3 kitchens- Granite countertop, engineered H/W floor, maple wood cabinets- Inter-telecom, HRV sys., heating exchanger, radiant heat.- Beautiful fenced garden, double garage

Vancouver East, CollingwoodPresale, Build to Suit

3304 Clive St.

NEW LISTING $2,150,000

- A solid bungalow situated on a prime area or Burnaby North area- Ideal big lot size 41x132 ft - Featuring 2 bedrooms and den at up , den could be made into a

bedroom - 2 kitchens, basement self contained with one bedroom suite with

separate entrance. - Currently good tenants that would like to stay - Nice double garage perfect for car booth and lots of parking

Burnaby North,Willingdon Heights

1403 Gilmore Ave., Burnaby

NEW LISTING $899,000

- Convenient location at Collingwood close to all; shopping, transit and skytrain

- South facing unit on the quiet side North of Kingsway

- A lovely 587 square feet one bedroom plus den, kitchen, bathroom, in suite laundry.

- To enjoy gorgeous mountain view

Vancouver EastUpper Unit Apartment#307-3319 Kingsway

NEW LISTING $268,000

- Convenient location close to all, school, shopping and public transit

- Under construction, top quality build 1200 square feet in 3 storeys

- Granite counter top, engineered hardwood floor, HRV system, radiant heat

- 3 bedrooms and den, 2 0, living room, 4 bathrooms

Vancouver East, Collingwood2756 Ward St., Vancouver

Front & Back Duplex, Under Construction

NEW LISTING DUPLEXeach $798,000

incl. GST

UNDERUNDERCONSTRUCTIONCONSTRUCTION

UNDERUNDERCONSTRUCTIONCONSTRUCTION

NEWNEWLISTINGLISTING

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Ask us about our complimentary in-house interior design consultation.

Page 4: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

•4 REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015

LAN 3447 WILLIAMS ST. $1,399,000

CALL US FOR A FREE HOME EVALUATION www.vancouver-homes-on-sale.com

JIN BAGRYJIN BAGRY604-644-0495604-644-0495

SAM BAGRYSAM BAGRY604-761-1664604-761-1664

ABOVE THE CROWD!ABOVE THE CROWD!20 Years experience combined

Top 1% of all Greater Vancouver Area Realtors, Over 110 Homes SOLD in 2014

5620 ROSS ST.• Custom built , 3173 sf, 3 level home• 6 bdrms, 6 baths, 4 parkings• Top materials used• 2 - 1 bdrm mortgage helper

NEW LISTING $1,899,000

43x122 LOT

5987 WALES ST.• Coming soon• Custom built contemporary• 3 level home, 2600 sq.ft.• Great location

NEW LISTING $1,699,000

LOT 33X1226977 KILLARNEY ST.

• 7 bdrm house over 4,000 sf. 6 baths• 700 sq.ft., 1 bdrm laneway house• Theater room, top line appls., jetted tub• Wok kitchen. 2-5-10 NHW

NEW LISTING $2,395,000

LOT 41'7X141.888

3727 WEST 10TH AVE.• Prime retail location at the Folkstone• High traffic street• 772 sq.ft. + 1 parking stall• $30 per sq.ft. with a 4% cap rate!

NEW LISTING $575,000

POINT GREY

4782 REID ST.• Solid 2 level, 8 bdrm home• Prime location• Newer laminate fl oors and kitchen• Don't miss out!

NEW LISTING $988,000

LOT 33x1054789 REID ST.

• Ready to build• 3 level with laneway house• Great lot• Seller can propose plan & survey to buyer

LANDONLY

NEW LISTING $988,000

LOT 33x105.5

6414 FRASER ST.• Currently operating as a bakery• Small restaurant equipment for sale• Roll-up door for deliverys• Great street exposure

NEW LISTING

FRASER ST.7505 FRASER ST.7505 FRASER ST.

• Large corner duplex lot• 1857 sq.ft. 2 bdrm, 2 storey house• Potential to build a side by side duplex• Steps to Shops, transit and Schools!

LANDONLY

NEW LISTING $1,399,000

LOT 45x112.94

1670 EAST 57TH AVE.• 6 bedroom & 4 baths• 3,600 sqft• Double garage• 2 storey home

NEW LISTING $1,999,000

LOT 50X116.51407 EAST 62ND AVE.

• 8 bedroom & 7 baths• 3,875 sqft• Laneway home• Convenient location

NEW LISTING $1,699,000

LOT 5,421 SF

2 NEW HOMESCOMING SOON1325 EAST 41ST

2 level withlaneway home

Asking $1,288,000 each 704 EAST 55TH AVE.

JUST SOLDJUST SOLD

over askingover asking

876 EAST 55TH AVE.

SOLDSOLDover askingover asking

3447 WILLIAMS ST. $1,399,000

JUST JUST SOLDSOLD

822 E 54TH AVE.

JUST JUST SOLDSOLD

8431 DUFF ST. $999,000

JUST SOLDJUST SOLD

over askingover asking

2488 SE MARINE DR.2488 SE MARINE DR.• 8 bedrooms, 6 bathrooms• Potential 2 suites in bsmt• Steps to new River District waterfront

NEW LISTING $1,299,000

2480 SE MARINE DR.• 4 bedrooms, 4 bathrooms• Potential suite on main• 1825 sqft living space• Central location

NEW LISTING $899,000

JUST JUST SOLDSOLDJUST JUST

SOLDSOLD7950 ARGYLE ST.

• 2 storey, 2 bsmt suites• 2,550 sqft• 9 bedrooms, 4.5 bathrooms• 3 car garage, huge yard

NEW LISTING $1,599,000

LOT 44X130

6645 INVERNESS ST.• Built 2014, 2 Storey, 2353 sq.ft.• 7 bdrms, 4 baths, covered deck• Full bsmt, gas F/P, double garage

NEW LISTING $1,399,000

LOT 32X123

JUST JUST SOLDSOLD

604.263.2823bobbracken.com

[email protected] Bracken Real Estate ServicesEach office independently owned and operated.

R e a l E s t a t e I n v e s t m e n t T h i n k B o b B r a c k e n

HOUSES DUPLEX TRIPLEX 4PLEX 5PLEX 6+ UNITS APARTMENT BUILDINGS DEV SITES

410-650 W 41ST Avenue, Vancouver, BC V5Z 2M9

DOUGLAS PARK 3 UNITS PLUS COTTAGE

639 WEST 21ST AVE639 WEST 21ST AVE• Douglas Park Character, 3 Suites Plus Rear Cottage• 3564 SF, 33’X122’ RS-5 Lot, Potential Inc $6500/mo• Douglas Park, Edith Clavell School, Cambie Shops• Investors, Owner-Occupiers, Builders Asking $1,788,000

COMMERCIAL DRIVE REVENUE PROPERTY

1850 PARKER STREET - V11325281850 PARKER STREET - V1132528• 4 Lvl, 4254 SF Special View Home/Rev Property• 4 Suites 3X2 Bdrm, 1X1 Bdrm, Big Garage/Studio• Great Accommodation, Gr Inc $82,800/yr w upside• Investors, Owner-Occupiers Asking $1,779,000

CAMBIE CHARACTER TRIPLEX

46 WEST 21ST AVE - V112747746 WEST 21ST AVE - V1127477• Big Cambie Char House, 4 Lvl 2840 SF, 3 Suites• Top Flr: 2 Lvl 1X3 Bdrm & 2 Bath Suite. 2 Parking• Main & Grd Flrs: 2X1 Bdrm Suites. 33’X122’ Lot• Investors, Owner-Occupiers Asking $1,679,000

NEWLISTING!

3UNITS!

KITSILANO CHARACTER DUPLEX

3311-3315 WEST 7TH AVE - V11336583311-3315 WEST 7TH AVE - V1133658• Kitsilano 3 Lvl Char Duplex/Potential Family Home• 2 Large 2 Bdrm Suites plus Full Basement, 2972 SF• 33’X110’ RT-7 Lot, Private Fenced Yard, Back Lane• Investors, Owner-Occupiers, Renovators Asking $1,679,000

NEWLISTING! DUPLEX!

DUNBAR 3 UNITS OR DEV PROJECT

3716 WEST 16TH AVE - V11269163716 WEST 16TH AVE - V1126916• Dunbar 3 Unit Mini Apartment Building, 2537 SF• 33’X110’ RT-2 Lot, Good Tenants, mins to UBC• Fronting both West 16th Ave & West 17th Ave• Prime Development Potential

Asking $1,779,000

4UNITS!

Asking $1,679,000

SOLD! SOLD!

MOUNT PLEASANT CASH MACHINE

547 EAST 12TH AVE - V1124953547 EAST 12TH AVE - V1124953• Mount Pleasant Cash Machine, 4 Units, 2951 SF• 1X1 Bdrm & 3X2 Bdrm, Updated, Great Condition• Gr Inc $6,090/mo or $73,080/yr. Cap Rate 4.59%• Investors, Owner-Occupiers Asking $1,299,000

4UNITS!

SOLD!OPENSAT & SUN

2-4!

SOLD!

Asking $1,459,000

3UNITS!

Page 5: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015 5•

www.vancouverres idence.com

LORNE GOLDMAN604.263.1911

lorne@vancouverres idence.com

Personal Real Estate Corporationrporation

Over 35 years of proven results and consistently in the top 1% of the real estate industry.

Page 6: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

•6 REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015

• 308 SALES AWARDS SINCE 1984 • REBGV LIFE MEMBER WESTCOAST

[email protected]

www. .com

106 Sales so far in 2015!

OUTSTANDING AGENT ... OUTSTANDING RESULTS

FRASERVIEW BEAUTY!7589 VIVIAN DRIVE

$1,498,000

BEAUTIFULLY RENOVATED FROM TOP TO BOTTOM IN 2011. 2391 sq ̓ bungalow with FULL FINISHED BASEMENT across from golf course. 6301 sq ̓ CORNER LOT with 51.7 ̓ frontage. 6 bedrooms (3 up, 3 down), 4 full baths. TWO KITCHENS. Back lane with attached double garage. SELF-CONTAINED 2-BEDROOM SUITE WITH OPEN KITCHEN & ITS OWN WASHER/DRYER. White Euro open kitchen with stainless steel appliances, granite countertops, built-in central vacuum system, gas fi replaces, HUGE WOOD DECK & more. A MUST SEE!

2-BDRM CORNER UNIT516-2689 KINGSWAY

$475,000

“Skyway Tower”. BRIGHT & SPACIOUS SOUTHEAST CORNER UNIT. 2 bedrooms, 2 full baths. Radiant hot water heating, stainless steel appliances. FACING PARK. Convenient location. Steps to restaurants & shopping. A pleasure to show!

FREEHOLD MARINE WOODS T/H3398 COBBLESTONE AVENUE

$509,000

FREEHOLD. Beautiful SOUTH FACING townhome in “Marine Woods” complex of Champlain Heights. CORNER UNIT. 1300 sqʼ. 3 bedrooms, 3 full baths. NEW PAINT. Laminated wood fl oor. Living room features HIGH CEILING & gas fi replace. BALCONY OFF LIVING ROOM & MASTER BEDROOM with green view & Fraser River. Single garage + one open parking. Close to Champlain Mall, library, Community Centre, parks, trails & Fraser River.

www.dexterrealty.com

604-689-8226 Yaletown

604-336-3539 Main Street

604-263-1144 KerrisdaleTaking our

Listings Global

2680 TRINITY ST. $1,198,000

MAKE THIS HOUSE YOUR HOME!This spacious & bright, 2638 sq.ft. Vancouver Special is situated on a 32.99 x 121.94 lot & features 5 bedrooms, 3 bathrooms and offers lots of possibilities. Located in a great family neighbourhood, close to schools, transit, shops, parks and just a short drive to Downtown. Come and see for yourself. Linda Hale 604-889-9983

$349,800

ALL THE BELLS & WHISTLESDream suite renoʼd to the highest standards. 2 beds, 1 bath, 1 secured parking & locker. Walking distance to transit & shopping just off “The Drive.” Rented at $1,750.00/mo. - tenants would like to stay. Pets wel-come, rentals allowed. One of a kind - Donʼt miss this one! 107-1611 E.3RD AVE. EVELYN SINGER

CATHIECLINE.COM

SKIPSHOMES.COM

604-263-1144

DEXTER ASSOCIATES REALTY

OPPORTUNITY TO RENOVATE / BUILDOPEN THURS 5:30-6:30

SAT 2:00-4:00$998,000 Opportunity to build or renovate

this East Side bungalow in the popular Knight neighbourhood. Situated on a 33 by 122.8 foot lot with a lane, this two-level home is original but ready to be made your own. Open fl at yard for those wanting to build as well. Newer furnace and hot water tank, with many original features. OPEN THURS 5:30-6:30PM AND SAT 2-4PM. 5578 BRUCE ST.

Find Your Dream Home Anywhere, Anytime

TRY OUR NEW REW.CA MOBILE SITE

Page 7: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015 7•

“Your East Vancouver Real Estate Experts!”Personal Real Estate Corporation

L i s a M a c I n t o s h Te a m - D e x t e r A s s o c i a t e s R e a l t yMedallion Club - Top 10% of Realtors in Greater Vancouver

Photos & Visual Tours at: www.lisamacintosh.comEmail: [email protected] Tel: 604-263-1144

ABSOLUTELY CHARMING CHARACTER HOME$1,198,000 Charming character home in the

heart of Hastings Sunrise. Perfect family home w/ 5 bdrms, huge master bdrm & a very bright 2 bdrm suite Original fi r fl oors, wood burning f/p & tons of windows, of-fering a lovely country cottage feel. The master bdrm is truly a retreat with 10 ft. vaulted ceilings, 4 pce en-suite & a stunning VIEW to the Mountains. Detached Artistʼs studio in the back yard. currently used as a workshop & rented for $700/month. Steps to shopping & schools. 2559 WILLIAM ST.

1914 HASTINGS SUNRISE FAMILY HOME$1,198,800 Beautifully renovated 1914

character home with fantastic VIEWS towards the Mountains. Entertainerʼs kitchen with granite countertops, S/S appliances with gas stove. Lots of original character including w/b fi replace, Fir mouldings, coved ceilings & 2 claw foot tubs. 3 bdrms on main & 2 bdrms & den down for the garden level suite. Fenced backyard w/ full veggie garden. Fantastic Hastings Sunrise location, 1 blk from restaurants & shopping. Laneway house potential. 2727 FRANKLIN ST.

DHARMA DIGS NORTH FACING 1 BDRM$279,900 Open layout with galley kitch-

en, separate dining area, lge living room & bdrm big enough for a king sized bed! Many fea-tures including laminate fl oors, large covered deck & in-suite storage that could be used as a small offi ce. Great bldg, very well managed with many up-dates (roof, boiler & plumbing). Pet & Rental friendly - this unit is currently rented at $1200/month with low strata fees (incl. heat & h/w). 1 blk to Commer-cial Drive & all it has to offer. 215-1549 KITCHENER ST.

QUIET 2 BDRM & DEN ON THE DRIVE$374,900 The Drive! Quiet side, corner

sub-penthouse offering 2 spacious bdrms & a roomy den in this fully rainscreened bldg. Gutted in 2011 - come discover the smartly designed kitchen offering S/S appliances, gleaming Stoney Creek counter tops, luxury vinyl fl ooring throughout & a modern gas f/p. King size furniture easily fi ts in the master bed, 2nd spacious bedroom and custom made closet organizers in both bedrooms; roomy den & in-suite laundry. Unpack and Enjoy! #308-1516 E.1ST AVE.

YOUR VERY OWN OASIS IN UBC$479,800 The “Bristol” at Hampton Place.

2 bdrm unit with treed outlook. This well laid out suite has a West facing covered deck with access from both bdrms & the living room. Gleaming Canadian Maple fl oors throughout & ample windows make this a bright & light fi lled home. Cozy gas f/p in the living room. Fabulous bldg with live-in caretaker & full gym. The building also features 2 guest suites & visitor parking. BONUS: 2 PKG STALLS! 228-5735 HAMPTON PL.

MOUNT PLEASANT 1/2 DUPLEX$749,000 Rare private Mount Pleasant

1/2 Duplex with south facing backyard. This 3 bed, 2.5 bath, well laid out home has updated laminate fl ooring and new kitchen appliances in a well maintained building that is easy to maintain. A peaceful neighbourhood con-veniently located near shops and restaurants, Queen Alexandra & Charles Dickens elementaries, and the Commercial Skytrain station. Enjoy your own quiet private back yard and one car garage. Perfect for a growing family.1052 E.10TH AVE.

Faye Lunday604-808-5852 DEXTER

ASSOCIATES

REALTY

STRATHCONA CHARACTER 1/2 DUPLEXACROSS FROM PARK

OPEN SAT/SUN 2-4PM $749,000 The perfect package in a great urban setting. Generous 1127 sq. ft. 2 bdrm pius loft/den that opens onto rooftop deck with city/mtn view. 2 baths - one with clawfoot tub. Main fl oor has French doors that open to pri-vate yard - perfect for entertain-ing, gardening, pets & children. Private garage. SNEAK PEEK: THURS & FRI 5-6:30PM 891 PRIOR ST.

SNEAK PEEK: THURS & FRI 5-6:30PM

Vaune Kolber604-506-7534

[email protected]

DEXTER

ASSOCIATES

REALTY

850 Peterson Rd.

LIVE BETTER ON BOWEN TODAY!A short commute from Vancouver, Bowen Island is the oasis youʼve been longing for while still having access to the best of city life. Indulge in the natural beauty of your private 2.25 acres. Revel in the panoramic SE views from this 3,040 sq.ft., 4 bedroom hillside home. Huge artist studio/family room/in-law suite. Live your dream now!

$1,049,000

Page 8: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

•8 REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015

Page 9: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015 9•

www.TsawwassenSprings.ca / [email protected] - 5099 Springs Boulevard, Tsawwassen V4M 0A2

Yvonne Lynch | Sarah Toigo Haley Chang | Jim Dawson

Sales Centre Open 12-5pm Tuesday-Sunday

604-948-4663 Regency Realty Ltd.

#205 – 5099 Springs BoulevardPrice: $879,900

• This 2 bedroom + den at 1555 SF is a prime corner suite at Tsawwassen Springs.

• This rare northwest corner suite fetches premium views of water, sunsets, mountains & golf course.

• Oversized north and west facing balconies allow maximum outdoor enjoyment.

• Includes large insuite storage space and open-concept kitchen & cozy great room with gas fi replace and MORE!

Most Popular Condo Plan#401 – 5055 Springs Boulevard

Price: $879,900• This spectacular 3 bedroom concrete condo boasts ultimate great room,

over 23’ wide! • Gourmet kitchen includes Fisher & Paykel stainless steel appliances, walnut

cabinets, quartz counter tops.• Easy transition from inside to out with 23 ft + wide south facing balcony—

great for entertaining!• Large laundry room, large master bedroom and walk in closet and spa like

ensuite. Comes with 2 parking stalls!!

3 Bdrm, South Facing Condo, 1655 SF#609-5055 Springs Boulevard

Price: $729,900• 2 bedroom + 2 bathroom• 1201 SF Condo in 6-storey Concrete Condo Building• Views of the Golf Course & North Shore Mountains• Penthouse inside corner unit • 15’ pop up ceiling • Gourmet kitchen with stainless steel appliances • Air conditioning

Penthouse Suite

#109-5055 Springs BoulevardPrice: $728,000

Ground Floor Suite, 1201 SF

5036 Springs BoulevardPrice: $889,900

Rancher Style House

1626 Birch Springs LanePrice: $818,800

Most Popular House Plan!

#106-5055 Springs BoulevardPrice: $749,900

2 Bedroom + Den, 1461 SF

#111-5055 Springs BoulevardPrice: $519,900

1 Bedroom + Den, 1053 SF

SOLDSOLD

SOLDSOLD

SOLDSOLD

SOLDSOLD

SOLDSOLD

Upgrade your lifestyle! Don’t miss the opportunity to own a beautiful Arts & Crafts home. These Houses and Condos offer all the benefi ts of living in a resort but with very little maintenance--worry free living at it’s best! All plans offer open concept layouts, stainless steel appliances, engineered hardwood fl oors, oversized covered patio, plumbed for a built-in outdoor heater & BBQ outlet, and every detail you want in a sunny Tsawwassen home, all on freehold land. Move in this summer!

5036 Cedar Springs DrivePrice: $1,989,900

Golf Course View House

• 4 bdrm + den + fl ex, 4.5 bathroom • South facing golf course view

House • 3004 SF 2 level + casita• Casita – What’s that? Could be a

guest room, offi ce, gym• Gourmet kitchen: quartz

countertops, walnut cabinets• Fisher and Paykel stainless

appliances — gas range!• Lyonstone gas fi replace• Grand 20 ft ceilings in great room • Media room upstairs

5060 Cedar Springs Drive Price: $1,369,900

Golf Course View House

• 2 bedroom + den + fl ex,

3.5 bathroom

• Sunny south facing home

with gorgeous golf course

views

• 2094 SF, 2 level house

• Fisher and Paykel stainless

appliances — gas range!

1636 Fir Springs LanePrice: $939,900

Rancher Style House

• 2 bedroom + den + 2 bathroom

• Beautiful 1773 SF rancher

• Amazing sense of space with 10’ throughout + 11’ coffered ceilings in your great room

• Private backyard

• Enjoy morning sun

• Fisher and Paykel stainless appliances — gas range!

#409-5099 Springs BoulevardPrice: $839,900

Penthouse Suite

• 2 bedroom + den penthouse suite

• Vaulted ceilings to allow maximum sense of space & natural light

• Walk in closet & spa like ensuite

• White shaker cabinets and granite counters

• Fisher & Paykel appliances - gas range

• Golf Course & North Shore mountain views

• Air conditioning

JUST SOLD

JUST SOLD

PENDING

PENDING

PENDING

PENDING

Page 10: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

•10 REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015

3 BEDROOM TOWNHOMES FROM $669,900.Parkgate is one of the North Shore’s fi nest walkable neighbourhoods. Comprising of only sixteen

Built Green® townhomes, Parkgate is a rare opportunity to own at a price you can aff ord. Behind the

contemporary brownstone exterior, Parkgate is future designed, and detail engineered for the

ultimate in care-free living.

8 Designer appliances | Mitsubishi heat pump air conditioning system

Between Northlands and Mt. Seymour golf courses. Five min walk to Parkgate library and the village shopping.

Model home | Open daily noon - 6PM (except Tues & Wed) | 3508 Mt Seymour Parkway

Texor Homes (Parkgate) Inc. 245-9600 Cameron St Burnaby BC 604 422 8718. Prices do not include GST. Sales by disclosure statement. Broker: Red Dot Real Estate Marketing Ltd 604 209 3142. Realtor cooperation welcome.

3508 MT SEYMOUR PARKWAY

PA

RK

GA

TE

AV

E

Stay cool in the North Shore’s only new townhomes with air-con.

sixteennine

Move

in th

is

Summ

er!

escape the everyday

This is not an offering for sale. Such an offering can only be made with an information statement. E.&O.E.

JOIN US SATURDAY & SUNDAY, JULY 25 - 26 AND ENJOY A FREe COUNTRY-STYLE BBQ, ACTIVITIES,

GIVEAWAYS, AND FUN FOR THE WHOLE FAMILY.

53480 BRIDAL FALLS ROAD, BRIDAL FALLS 604.745.4104

NEWSHOW HOME OPENING JULY 25 - 26

SAVE $20,000COTt AGES FROM $199,900OPEN HOUSE 11 – 4 DAILYDiscoverBridalFalls.com

Page 11: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY JULY 24, 2015 11•

1708–55A STREET AT 18 AVENUE, TSAWWASSEN. OPEN DAILY 12-5 (EXCEPT FRIDAY)

CITYHOMESNORTHGATE.CA | 604.948.2345

A rare find in sunny Tsawwassen, Greater Vancouver’s newest hot spot to buy. The perfect blend of townhome and condo living. Gourmet kitchen with gas cook top, spacious open floor plans and secured underground parking.

1 BEDROOM $289,900 | 2 BEDROOM $359,900 | 3 BEDROOM FROM $439,900*

* Prices do not include GST. This is not an offering for sale. Any such offer may only be made with a Disclosure Statement. E. & O. E.

DISTINCTIVE DESIGN. 1,2,3 LEVEL HOMES WITH YOUR OWN STREET LEVEL ENTRY

DISCOVERTSAWWASSEN CITYHOMES AT NORTHGATE

Page 12: VANCOUVER EASTSIDE Jul 24, 2015 Real Estate Weekly

F R I D A Y , J U L Y 2 4 , 2 0 1 5VANCOUVER EASTSIDE

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

Building Vancouver’s Eco-Friendly Houses

Nick Kerchum’s journey to success as an award-winning home builder in Vancouver meant setting a new standard for eco-friendly developments.

He founded Natural Balance Premium Home Builders in 2009 with a fresh emphasis on both contemporary design and environmental preservation

without sacrifi cing quality. Five years ago, Natural

Balance, with architect Frits de Vries, built the fi rst LEED Platinum house in British Columbia on West 21st Avenue in Vancouver (see below).

More recently, his company’s project on West 15th Avenue in Vancouver connected the split-level home with surround-ing topography, including pic-turesque downtown views and optimum solar exposure. Strategically placed overhangs enabled light from the sun to fl ow into the home, and pas-sive design principles were employed to naturally heat and cool.

“It was a really fascinat-ing design because the lot is sloped,” Kerchum said. “The split-level home is celebrated by huge pieces of glass, bringing a lot of light into the centre of the house. The exterior has been molded to provide privacy from the neighbourhood while maxi-mizing downtown views. A study

was done to understand how the sun would aff ect the home.”

And it was all done with sus-tainability in mind. As certifi ed green builders, Natural Balance consults with an independent third party advisor to ensure all the homes it builds meet or exceed city code.

During preliminary consulta-tions with clients, Kerchum and his staff create energy models and sustainability reports that result in a series of tailor-made recommendations for clients. Customers can select design fea-tures such as insulation types, window styles, and mechani-cal systems that impact perfor-mance and cost of their home.

“The goal is to cost eff ectively increase the energy effi ciency of the house,” Kerchum said. “You can show the client what their return on investment is.”

Building a LEED Platinum House

Natural Balance, with archi-

tect Frits de Vries, built Western Canada’s fi rst LEED (Leadership in Energy and Environmental Design) Platinum home. Here is how they did it:

Passive Solar Design: The house is designed to maximize passive solar gain allowing for natural heating and cooling, reducing the need for mechani-cal systems. Entire main fl oor uses natural basalt stone which holds a signifi cant amount of thermal mass.

Infl oor radiant heat with an air-to-water heat pump: A new technology from Europe is a cost eff ective way to be deliver home heating.

Evacuated roof top solar tubes: These are used to spe-cifi cally heat the domestic hot water.

Triple-glazed Fresinger win-dows: German made and consid-ered among the most effi cient on the planet. The house has a huge amount of glass yet still remains effi cient with low heat loss.

Icenine spray foam insulation:

Used in all wall cavities.Natural ventilation and

a heat-recovery ventilator: Design allows for natural cross-ventilation in summer months, all mechanical air-handling systems tested and monitored to meet LEED for Homes certifi cation.

Green roofs: Four green roofs, including on the garage, for water retention, energy savings and a sanctuary for bees and birds.

Lighting: LED bulbs with automatic switch-off .

Green landscaping: Drought-tolerant, non-invasive planting and a garden with vegetables, fruit and herbs.

Water saving: Dual-fl ush toi-lets and low-fl ow plumbing fi x-tures.

Health: FSC (Forest Stewardship Council) certifi ed (urea formaldehyde free) mill-work and cabinets. No VOCs (volatile organic compounds) in paints and millwork coatings throughout the house.

By Michael Vanden Bosch