VANCOUVER EASTSIDE Mar 31, 2016 Real Estate Weekly

VANCOUVER EASTSIDE THURSDAY, MARCH 31, [email protected] • 604-435-7977

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

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

up to date information on the real estate market, price, fi nancing and comparative

properties in your area.

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

Everything you could want to know about the latest in renovation trends, styles and more can be found at two

free Greater Vancouver Home Builders’ Association (GVHBA) Spring Home Reno Shows.

The fi rst is being held in Vancouver on Saturday, April 2 at the VanDusen Botanical Gardens and the North Shore event is on Saturday, April 9 at The View on Lonsdale.

“The Vancouver and North Vancouver Home Reno Shows feature diff erent renovation experts that work in these respective communities, so you can be confi dent these companies have the experience working in these local neighbourhoods and understand the unique building requirements,” says Bob de Wit, the CEO of the GVHBA. “Most of the renovators conduct business outside the North Shore and Vancouver area as well, so it really is the right place to fi nd the right contractor for you.”

Homeowners are encouraged to bring their plans directly to the exhibiting members for free one-on-one consultations. Show entry requires no pre-registration, but if you want a

personal consultation, call 778-565-4288 to book your 20-minute chat with one of the GVHBA RenoMark renovator/builders or designers.

REW spoke to four local exhibiting renovators who were more than happy to provide their top renovation trends:

Laurel James, Novell Design Build■ Traditional kitchens with built-in nooks

– perfect for curling up with your morning cup of coff ee.

■ Diff erent seating arrangements in the kitchen to encourage family interaction.

■ Warm metals are big – brass, gold, bronze in refl ective or hammered styles

■ Cast iron, slipper or claw foot free-standing tubs are hugely popular.

■ Walls painted in deep tones of blues and greens.

■ Wallcoverings are in vogue in a big way. “Whether they are murals, large scale photography or emotive designs, home owners love wallcoverings.”

■ Screens and shutters are very popular. “As we blur the line between inside and outside they off er shade control and sun control.”

Graeme Huguet, My House Design-Build■ Energy effi cient and Built Green are the

new normal.■ Homes are increasingly being fi tted for

aging in place.■ Radiant fl oor heating is very popular.■ Transforming staircases into con-

temporary, open steel structures with glass and wood treads allowing more natural light into the home.

■ Owners are upgrading the outside look of the windows and doors, again often to bring more natural light inside.

Doug Kerr, Kerr Construction■ Old layouts continue to be opened

up, not just internally but also to the outside.

■ Aging in place is the biggest trend – wider doorways and master suites on the main fl oor.

■ Televisions in the master bathrooms are all the rage.

■ Frameless glass showers and open showers are very trendy.

■ Reclaimed brick for walls and old beams for ceilings.

■ Vinyl plank fl ooring is hot. “These fl oors look like wood and yet they are softer and warmer to walk on.”

■ LED lighting is getting better and better with diff erent temperatures of lighting available.

Todd Senft, reVISION Custom Home Renovations■ Intergenerational living is the future –

home owners are renovating basements, or adding laneway houses, to have either parents or grown children live with them.

■ Free-standing outdoor pizza ovens are the in thing.

■ Owners are installing pass-through folding windows from the indoor kitchen to the outdoor kitchen.

■ Ensuites are being upgraded with luxurious showers with multiple showerheads and recessed niches for your shampoos and soap, as well as large free-standing tubs.

For more information about the shows,

visit www.gvhba.org/EventCalendar.

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Board Slams “Shadow Flipping” Media Coverage,

New Rules in Letter to Clark

What Will It Cost to GetOut of My Mortgage Early?

An Expert Explains

Federal Budget 2016: Affordable Housing Pledges

and $460m for BC Transit

Transform Your Home for Spring with Free Home Reno Shows

•2 REW.ca » VANCOUVER EASTSIDE » THURSDAY MARCH 31, 2016

A Real Estate TraditionHANS & JOHN GUST

www.gustrealtor.com604-263-8800

Royal LePage Westside - 2107 West 40th Ave., Vancouver, B.C. V6M 1W4

PHOTOS AND FLOOR PLANS AT WWW.GUSTREALTOR.COM

Hans JohnWestside

KNOW YOUR CURRENTKNOW YOUR CURRENTMARKET VALUE $$MARKET VALUE $$

CALL A GUST TODAYCALL A GUST TODAYEXPERIENCE - KNOWLEDGE - HONEST EXPERIENCE - KNOWLEDGE - HONEST

A Real Estate TraditionHANS & JOHN GUST

www.gustrealtor.com604-263-8800

Royal LePage Westside - 2107 West 40th Ave., Vancouver, B.C. V6M 1W4

PHOTOS AND FLOOR PLANS AT WWW.GUSTREALTOR.COM

Hans JohnWestside

GREAT BIG LOT 45 ̓X 152ʼBUILD DREAM HOME

$1,499,000

3369 NANAIMO STREET. West back yard with lane. 6868 sq.ft. lot. RS-1 Zoning, 2 blocks to Trout Lake Community Centre. Bungalow built in 1948, 2 suites, tenant occupied month to month. 2 car garage. Close to Nanaimo Skytrain Station, clear title.

John Gust 604-263-8800

SOLDSOLD

Over Asking

Over Asking

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 Realtors for 2014/2015 with over 200 Homes sold in 2 years!

96 EAST 41st AVE.• Corner property • 3 suites with their own extrance, rents approx

$4000 a month• Fully renovated in 2010• Quality worksmanship• Easy access to UBC, Oakridge Mall

NEW LISTING $1,399,000

LOT 3,307 S.F.

11287 90th AVENUE• Huge quality built 3 level mansion for sale• 5528 sq.ft. house, legal suite in basement• Total of 11 bedrooms, 8 washrooms• Top of line appliances• Close to school and quick access to Vancouver• Located in one of best area of North Delta


LOT 11,335 S.F.

7389 KNIGHT ST.• Very Well kept solid 6 Bdrm Home!• Renovated recently, kitchen, bathrooms, etc.• Generous size 43.6 x 127 Lot• 3 Bedrooms up and 3 Bedrooms down• Ideal Income generating property


LOT 5,554 S.F.

5583 FLEMING ST.• Solid 6 bdrm home, 3 level• Over 2200 Sqft of Living Space• Very well kept, top location • Newer kitchen, bathroom, 3 bdrm suite below• Very Large 2 car garage/workshop • Huge 44x122 VIEW LOT!!!


OPEN SUN 2-4 PMOPEN SUN 2-4 PM1160 EAST 12th AVE.

• Built 2015, 2 Storeys, 1,164 s.f each• Open concept layout, 2, 5, 10 year warranty• Top quality built front and back duplexes. • Each has 3 bedrooms, 3 baths, 1 car garage• Central location, minutes to downtown • Granite counters, crown mouldings

NEW LISTING $838,000 each

7937 10th AVE.• Central location, prime lot• 2 bdrm rancher currently rented• Steps to shopping, transit, recreation• Build 2 level 2600 sqft and a nanny house in

back lane 600 sqft

NEW LISTING $999,000

LOT 7,250 S.F.

#301 & 304 189 ONTARIO PLACE• Mayfair - HIghly sought after building• Uppe fl oor 1 bedroom & 1 full bath, east

facing (#301)• Upper fl oor 2 bedrooms + 2 full baths,

north facing (#304)

NEW LISTING $349,000 each

6195 BEATRICE ST.• Prime location. Level corner lot• 7 bedrooms, 4 bathrooms• Custom built 2,800 sqft house• 3 level home • Laneway house


LOT 33X117.5

COMING SOONCUSTOM BUILT HOUSEBUILD TO SUIT

677 E. 59th AVE.

$1,050,000

2914 & 2920 W. 41st AVE.

$1,760,000

1468 E. 21st AVE.

$1,760,000

1626 E. 51st AVE.

$1,349,000

1170/1178/1180/1188 EAST 12th AVE.

$838,000 each

3807 LANARK ST.

$999,000 EACH

2016 & 20182016 & 2018EAST 12th AVE.EAST 12th AVE.

7 RANELAGH AVENUE7 RANELAGH AVENUE

$1,199,000

SOLDSOLD

SOLDSOLD

SOLDSOLD

JUST SOLDJUST SOLD

KNIGHT$388,000

1501-4028 Knight StreetPanoramic view suite on the 15th fl oor at King Edward Village. This bright and spacious apartment comes with an expansive balcony, great for entertaining. Close to all levels of schools, parks, shopping and bus transportation. Quick access to downtown. Only $19,400 down and $1785.70 per month? Why rent, when you can own?

OPEN SUN 12-2 PM

REW.ca » VANCOUVER EASTSIDE » THURSDAY MARCH 31, 2016 3•

OPEN HOUSE SUNDAY 1 – 3 PM21 Malta Place, Vancouver - Renfrew Heights

$1,180,000This is the place you can truly call home. Perched in a quiet cul-de-sac setting in one of Vancouver's most unique and historic neighborhoods with stunning views of the North Shore mountains & Downtown, this opportunity awaits you! The immaculate condition of this property shows the owner's pride and will defi nitely satisfy any buyer's needs. The upper level boasts a fully renovated living space with 3 bedrooms which includes a large master bedroom and ensuite, a bathroom and an open concept dining/living room along with a bright, spacious and recently renovated kitchen. The lower level which has been recently renovated includes two bedrooms, a kitchen, bathroom and living room. OPEN HOUSE SUNDAY 1 - 3pm.

Sutton Centre RealtyAN INDEPENDENT MEMBER BROKER

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

COMMERCIAL DR 8 UNIT APARTMENT BLDG

2313 VICTORIA DRIVE2313 VICTORIA DRIVE• Legal Apartment Building, Attractive Financing Avail• 8 Suites, 4 Lvl, Character, 6617 SF, 45’X110’ RT-5 Lot• Gr Inc $147,768/yr, 9 Electric Meters, 9 Gas Meters• Investors, Owner-Occupiers, Developers Asking $2,980,000

COMMERCIAL DRIVE 3 SUITE HOUSE

2049 VENABLES STREET2049 VENABLES STREET• Big Commercial Dr Area 3 Suite, 2690 SF House• 1X1 Bdrm, 1X1 Bdrm & Den, 1X2 Level 4 Bdrm• Gr Inc $40,200/yr, 33’X124’ RT-4 Lot, Quiet Street• Investors, Owner-Occupiers Asking $1,299,000

MOUNT PLEASANT 4 SUITE HOUSE PLUS

975 EAST 11TH AVE975 EAST 11TH AVE

• Mount Pleasant 4 Unit House Plus• A separate Artist Studio, nice street • Character, 2700 SF Multifamily Bldg • 2X1 Bdrm, 1 Bdrm + Den, Bach, Studio• Updated, Newer Kitchens and Baths • Gross Income $60,240/yr • Potential Income $72,000/yr• Opportunity to Add Income & Value• 33’X122’ RT-5 North Lot, Renovators • Investors, Owner-Occupiers

Asking $1,699,000

MT PLEASANT MULTIFAMILY FIXER UPPER

850 EAST 12TH AVE850 EAST 12TH AVE• Fixer Upper, 4 Suite House Plus Additional Revenue• 3 Level, 3005 SF, 1X2 Bdrm, 1X1 Bdrm, 2 Bachelor• Gr Income $40,860/yr, 420 SF Garage with Power• Renovate/Dev to Add Value. Asking $998,000

MOUNT PLEASANT BIG INCOME PROPERTY

497 EAST 10TH AVE497 EAST 10TH AVE• Character 7+ Unit Multifamily Building, 4650 SF• 49’X124’ Corner RT-5 Lot, Nice Quiet Street• Gr Income $105,000/yr. Potential for Add’l Revenue• Investors, Owner-Occupiers Asking $2,450,000

INCOME! 4+UNITS!

4UNITS!

3UNITS!

7+UNITS!

CAPRATE4.1%!

8UNITS!

SOLDOVER ASK!

SOLDOVER ASK!

SOLDRECORD

PRICE!

www.normflockhart.com

NORM FLOCKHART(604) 261-7275

13 Year Member of MLS Medallion Club

PREC

OPEN SAT/SUN 3-5! $1,749,000

ORIGINAL OWNERS! QUIET, NON-THRU STREET!Custom-Built 3 BR Family Home! Large principal rooms, oak kitchen, 2 fi replaces, hot-water heating. 2 1/2 baths incl full ensuite off big Master BR. Part Bsmt. Double attached garage. Pretty tree-lined St. off Sperling. 66' x 142.2' lot. 6797 Grant Place, BBY.

★

1,349,0001344 E 13th Ave, Vancouver

Brand New Half Duplex 3 Master Bedrooms Plus Garage Covered Area - 1626 Sq.Ft.

Radiant Heating, HRV/AC

All Appliances included

Brand N

ew L

istin

g

The enclosed information while deemed to be correct, is not guaranteed. Buyer must verify all the info. This communication is not intended to cause or induce breach of an existing agency agreeement.

604.230.9899


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PATRICIA TRSTENJAKP

Prime Renfrew AreaLocation, Location, Location

• First time on the market• 33’ x 122’ lot with back lane• Great building lot/ holding property• Close to everything you needCall Patricia at 604-270-1000 MLS# R2047379MLS# R2047379

$1,288,000

SOLDSOLDIN 3 DAYSIN 3 DAYS

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 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.

- A 2 storey house on a desirable lot size 51x120 ft - 2250 sf living area features 5 bedrooms, 2 one

bdrm suites on main floor, living room, family room, recreation room, 3.5 bathrooms

- Very well maintained & good income house. Must sell!

Vancouver East, South Vancouver2 Storey house

7925 Ross Street


- A quality built 1745 sf duplex under construction- 3 bedrooms above, living room, dinning room,

kitchen, 2 bedroom suite in basement - 3.5 bathrooms, granite countertop, maple wood

cabinets, hardwood floor, HRV system, inter-telecom - Single garage

Vancouver East, CollingwoodSxS Duplex, 2-storey with basement under construction

5508 Dundee Street and 5502 Dundee Street

NEW LISTING 5508 - $1,263,000

Vancouver East, Renfrew HeightPresale, Custom Build 3-storey plus LWH

1942 E34 Avenue


- Great location in Victoria district on a quiet street- 3-storey , 3000 square feet house plus 500 sf lane way house- 3 bedrooms up and 3 bedrooms down (2 suites), family room,

dining room 5 bathrooms & 3 kitchens- Granite counter top, engineered hard wood floor, maple wood cabinets.- Inter-telecom, HRV system, heating exchanger, radiant heat. - Beautiful fenced garden, single garage.- Clients to provide own plan and colour choice are welcome.

BALDEV SANDHU & JULIANA HO TEAMBALDEV SANDHU & JULIANA HO TEAMTop New Home Construction AwardTop New Home Construction Award

- A single family infill in 2 storeys- 1209 sf living area- 3 bedrooms, 2.5 bathrooms, kitchen,

living room- Attached single garage. - Don’t miss!

Vancouver East, Collingwood2 Storey family house5522 Dundee Street

NEW LISTING $850,000

- A recently upgraded 2 storey house situated on a quiet street of Main & Fraser area. 2030 sf living area

- 6 bedrooms & 4 full bathrooms, 2 kitchens. - Existing 2 bdrm suite + another 1 bedroom on main

floor easy to convert as 2nd suite for mortgage helper - Close to shopping, schools, parks. Don’t miss!

Vancouver East, CollingwoodSingle family 2 storey house

1028 East 31 Avenue


- A fabulous custom 2 storey with basement- Total area 3300 sf house with LWH - Total 7 bedrooms, 6 bathrooms- Granite counter top, maple wood cabinets - Radiant floor heating, HRV & security system- Single garage - Buyer to provide own plan &

colour choice are welcome

Vancouver East, RenfrewPresale, Build to Suit, 3 storeys plus LWH

2165 Rupert Street


- Spacious 2-storey, 2180 sf, back duplex- The unit features 5 bdrms & 3.5 baths- Kitchens, living room, family room- Granite counter tops, hardwood floor, HRV

system, radiant heat

Vancouver East, Collingwood1/2 Back Duplex - 2 Storeys w/bsmt, under construction

5492 Dundee Street


- A fabulous Southern view on high side of Renfrew area- Total area 3350 sf on lot size 33 ftx122 ft, 2 storey with

basement plus LWH- 8 bedrooms, 6 baths, kitchen, living room, dining room- Granite countertop, maple wood cabinets - Radiant heat, HRV and security system - Buyer to provide own plan & colour choice are welcome

Vancouver East, RenfrewPresale, Build to Suit, 3 storeys plus LWH

3007 East 6 Avenue


- A south facing S x S 1/2 duplex, 3-storey, spacious 1975 sf with finest built

- 5 bdrms, living room, family room & kitchens- Granite countertop, hardwood floor, maple

wood kitchen cabinets- Radiant heat & HRV system, high efficiency

heating system, garage

Vancouver East, CollingwoodSide by Side Duplex, 2 storey w/bsmt under construction

2359 East 41 Avenue

$1,165,000

5502 - $1,299,000- A two storey house on a desirable lot size

33x147.47 ft at Fraser area.- 2372 sf living area features 6 bedrooms and 2

suites on main floor, 4 bathrooms, 3 kitchens. - Close to all, shopping, school, restaurants,

bank. Must sell!

Vancouver East, Fraser 2 Storey house

OPEN HOUSE SUN 2-4PM - 628 E 48 Avenue


OPEN HOUSE SUN 2-4



1-3 bedrooms + coach house1-3 bedrooms + coach house

FINELY CRAFTED ANDINDIVIDUALLY CURATED HOMES

With 4 homes and acoach house, THE COLUMBIA

will be an enviable place to live.Included are two 1 bedroom

garden suites, two 3 bedroomhomes above and one 2 bedroom

and den coach house.

Caesarstone quartz countertops ❙ shaker style custom cabinetrydouble hung windows ❙ stainless steel appliances

engineered hardwood fl oors ❙ extensive use of natural stonecontemporary plumbing and lighting fi xtures ❙ shingle wood siding

Details include:

– Completion date Spring 2016 –

Quality built byCall for more details

Ruthie Shugarman 604.879.2941 • Paige Kraft 604.603.3475This is currently not an offering for sale. Any such offering can only be made with a disclousre statement. E.&O.E.DEXTER

ASSSOCIATES REALTY

Located at the corner of 16th Ave/Columbia St in the heart of Mt. Pleasant

PRE-REGISTER at liveatcolumbia.com

32 1506 Eagle Mountain Drive $718,000 2 Kingswood Court $2,288,000

#58 55 Hawthorn Drive $973,000

#19 55 Hawthorn Drive $675,000

81 Fernway Drive $918,000

303 April Road $1,288,000

NEWLISTING

NEWLISTING

75 Fernway Drive $938,000135 Evergreen Crescent, Anmore $950,000

NEWLISTING

SussexSussex

20152015 20152015

#10 Royal LePage Realtor in BC 2015#10 Royal LePage Realtor in BC 2015#1 Royal LePage Realtor for Tricities in 2015#1 Royal LePage Realtor for Tricities in 2015

MonetTYLERTYLER

[email protected] ❚ 604.763.4307 ❚ www.monettyler.com

SOLD


It’s not unusual to call

YOUR REAL ESTATE PROFESS IONAL

604 722 1316www.tomjoneshomes.ca www.musqueamhomes.com

DEXTERASSOCIATESREALTY

SNEAK PREVIEW THURS 6-7:30PMOPEN SAT 10:30AM – 12:00PM / SUN 2-4PM

227 E. 62ND AVE. $1,198,000 Amazing value for this cared-for Vancouver Special, 2 storey home. Upstairs features 3 bedrooms, living, dining and large kitchen. Main level has 2 bedrooms and huge recreation room. This home has approximately 2300 sq.ft. with a newer roof and oil tank inspection. Conveniently located with easy access to public schools, parks, airport, Sunset Community Centre, shopping and easy transit access to downtown. Please come by and view during the Open Houses or arrange for a private viewing. 227 E. 62ND AVE.

www.dexterrealty.com

604-689-8226 Yaletown

604-336-3539 Main Street

604-263-1144 KerrisdaleTaking our

Listings Global

2825 E. 43RD AVE. $1,800,000

Prime Killarney Area. RS-1 Lot.Mateen Qureshi

604-488-9874

$858,000

OPEN SAT/SUN 2-4PMPURE LUXURY

• Stunning mountain views & BIG BALCONY• High-end fi nishings• Walking distance to everything!SHEILA SONTZ 604-551-9505

2204-1775 QUEBEC ST.

★

“Your East Vancouver Real Estate Experts!”

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

Lisa MacIntosh Diane Kunic-Grandjean

$1,389,900

A very special and unique 1910 character home in the heart of Hastings Sunrise with superb panoramic views of the North Shore Mountains. Of-fering over 3,200 sq ft, this 4 levels, 7 bedrooms and 3 bathrooms home is divided into two suites: basement & main fl oor (4 bedrooms) with large bay windows, fi r fl oors, detailed trim, mouldings and high ceilings, cur-rently rented at $2,200. The 3rd & 4th fl oors are owner occupied with 2 bedrooms on the 3rd fl oor together with a distinctive and large spiral staircase leading to one of its kind master bedroom. This is where you’ll take in the amazing view of the North Shore mountains while sipping your coffee in the generous sitting area of your bedroom. This home could eas-ily be converted into a grand 3 level home, with a basement suite. South facing backyard with gardening beds awaiting your crops, new deck on the main fl oor. Walking distance to the numerous cafes, restaurants, grocery stores, library, community centre and Hastings Elementary w/French im-mersion. A unique character home in a fantastic neighbourhood.

HASTINGS SUNRISE – UNIQUE CHARACTER HOME WITH NORTH SHORE VIEWS

$1,389,9002520 TRIUMPH ST.

NEW LISTING $314,900This is it! 2 bedrooms, corner unit offering a very unique layout: both bedrooms at either end of the apartment for utmost privacy, very spacious master bedroom with its own reno-vated 2 pce ensuite, functional U-shape kitchen opened onto the living and dining room to allow for the best entertainment and family dinners. Gather in your expansive living room bathed by a tremendous amount of natural light or enjoy barbecuing on your large balcony. Modern and renovated full bathroom, in-suite laundry and entire apartment freshly painted. Comes with a large storage locker, 1 pkg, bike storage room, gym, indoor pool, hot tub, squash & racquet court and more. 7 min walk to Lougheed sky-train station. Building having received tremen-dous amount of renovations and updates, feels like new. Fantastic opportunity, donʼt miss it!

VERY SPACIOUS 2 BED, 1.5 BATH,CORNER UNITIN LIKE-NEW CONCRETE BUILDING

NEW LISTING $299,000Bright & very spacious 1 bdrm suite in the heart of Hastings Sunrise. Corner unit – North West facing with large wrap around balcony. Nicely updated with laminate fl ooring. Lots of windows for a light fi lled living space. Huge in-suite storage – could be used as offi ce space. Additional stor-age locker with secured parking. Very well-maintained building – fully re-plumbed in 2012, new roof in 2006, healthy contingen-cy fund & depreciation report – Rentals & pets (one dog or cat) allowed. Fabulous lo-cation – just down the street to Parallel 49 micro-brewery, Red Wagon Restaurant, Donaldʼs Market, only 10 minutes to down-town & a short stroll to the Drive. Strata fee includes heat & hot water.

HASTINGS SUNRISE VERY SPACIOUS1 BEDROOM IN A GREAT BUILDING!

THE HYCROFT TOWERS – RARELY AVAILABLE 3 BED, 2 BATH – 1,399 SQ.FT.

Rarely available 3 bdrm corner unit at Hycroft Towers, one of Vancouver’s most iconic 1950s Modernist apartment buildings. Fabulous fl oor plan with open concept living/dining area, just under 1,400 sq.ft. Light & bright with wall-to-wall windows and a North Westerly outlook. Nicely updated kitchen, gleaming oak fl oors throughout – this home has been immaculately kept. Oversized Master bedroom with en-suite & lots of built-in storage. Bathrooms are fairly original – enjoy the retro look, or renovate to create your own dream spa! BONUS – Very large storage locker and rooftop deck with gardens offering 360 degree city, water & mountain VIEWS. Well run building with live-in caretaker. Rentals are not allowed, 1 cat is permitted. Steps to South Granville shopping.

$899,000#408-1445 MARPOLE ST.

237-2033 TRIUMPH ST 606-3970 CARRIGAN COURT

KITSILANO HOME$2,250,000 Fabulous location in the heart of Kitsi-

lano – on the quiet part of West 12th. Great investment property, clean & well maintained with long-term ten-ants. Hold & continue to rent out the 3 suites ($3,415/month), renovate into a lovely family home, or build your dream home. Level 33’ x 122’ lot with South facing backyard and lane access (Laneway house potential). Close to all the amenities that Kits has to offer, just a short stroll to Kitsilano Secondary, Kits Community Centre & Connaught Park. 2764 W. 12TH AVE.

NEW LISTING


This is not an offering for sale. Such an offering can only be made by a disclosure statement. E&OE

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Riverside+Residences1, 2 AND 3-BEDROOM HOMES IN VANCOUVER

In Vancouver’s River District comes R+R, a boutique collection of stylish apartment

residences by Polygon. Reimagined and refreshing, these homes take full advantage of a

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array of walkable leisure and retail amenities to create an exciting living experience.

THIS IS CURRENTLY NOT AN OFFERING FOR SALE. ANY SUCH OFFERING MAY ONLY BE MADE BY WAY OF A DISCLOSURE STATEMENT. E.& O.E.

3202 Riverwalk AvenueVancouverOpen Noon to 6pm daily(except Friday)Phone 604.434.2205

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

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Investment in BC New Home Building Continues to Go Up: StatCan

BC’s new home building investment rose 14.3 per cent year over year in January to $695 million, according

to Statistics Canada fi gures released March 21.

Total spending on detached home con-struction was highest of the four property types at $315 million, a rise of four per cent over January 2015, although this was a month-over-month drop of 3.2 per cent.

Close second in total investment were condo-apartments, at $291 million invested in January. But this fi gure was again a much steeper pace of annual growth, at 30 per cent more than January 2015. The fi gure

was a decline of four per cent compared with December.

Townhouse and row home construction investment, although much lower in totals, also continued to rise strongly, up 20.6 per cent year over year to $67 million in January. This was an increase of 8.3 per cent compared with December 2015.

As has been the recent trend, the only new property type to see an annual drop in total spending was again duplex hous-ing. Investment in duplexes fell nearly 16 per cent year over year in January to total less than $22 million, a drop of 4.5 per cent from December.

For the fi rst time in many months, BC’s total $695 million investment in home building outstripped that of Alberta, to become the second-highest-investing prov-ince after Ontario.

BC’s 14.3 per cent annual increase in January was again the second-sharpest rise in new home investment, with only Ontario outpacing the province, as Alberta’s total was a near-20 per cent drop compared with January 2015.

Nationwide, spending on new home building increased at a far gentler rate than that of BC, with its total of $3.67 billion in January a rise of 3.9 per cent from the same

month a year earlier, and a drop of 6.1 per cent compared with December.

Like in BC, the sharpest growth in over-all Canadian construction investment was seen in multi-family home buildings, which rose nearly 20 per cent year over year. There was also some increased spending on townhomes and row homes, up 7.6 per cent since the previous January.

Once more, there were year-over-year declines in investment in single-family housing and duplexes across Canada in January, with spending on these housing types dropping four per cent and 16.4 per cent respectively.

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VANCOUVER EASTSIDE Mar 31, 2016 Real Estate Weekly