JAN 20 FEB 3, 2017 VOLUME 2, ISSUE 2, FREE
METRO VANCOUVER EDITION
ABOVE ALL ELSE LIVEATHAWTHORNE.COM
LEGACY EDITION OF THE CAMBIE COLLECTION
INSIDE GOING FOR GOLD: HONOURING WHY 2017 IS A GOOD SECONDARY SUITES THIS ISSUE BC’S HOME BUILDING INDUSTRY YEAR TO BUY A HOME ARE THE “NEW NORMAL”
New Year Bonus On Now COMING SOON
2 + 3 BEDROOMS
200 ST 80 AVE 84 AVE 82 AVE
208 ST 1 HWY
FREEHOLD MEANS FREEDOM
NOW SELLING
NOW SELLING PRICED FROM $879,900*
Many people ask what is the difference between a rowhome and a townhome - isn’t it the same thing? There are in fact many differences between a rowhome and a townhome. Freedom is among the many benefits that a rowhome provides that a townhome simply can’t.
You own your home and the land No strata fees to pay! Not part of any strata corporation Main level entry and finished basement for single family feel Homes start from approximately 2,300 sq.ft.
Visit us at the Hycroft sales centre to choose your home! Open daily from 12-5pm (except Fridays)
16467 24 Avenue Surrey BC V3S 0C4 604 541 2495 hycroftrowhomes.com Any prices exclude taxes. StreetSide Developments reserves the right to make modifications and changes to the building designs, specifications and features should they become necessary. Floor plans, elevations, room sizes and square footages are based on preliminary architectural drawings and may vary from the actual built home. E.&O.E. Sales by Qualico Realty. *Before applicable taxes. contents JANUARY 20 – FEBRUARY 3, 2017 | VOLUME 2 ISSUE 2
16 ON THE COVER
Hawthorne: Above all else
+ online project profiles trending
MORE 22 The Smithe 13 Sales Stats +PHOTOS Refined city living Third-highest selling year NEIGHBOURHOOD +VIDEOS on record, Vancouver home +ADVICE 38 Kindred sales hot in 2016 HOME +INSPIRATION A sense of place SEARCH +TRENDING 29 Survey Says... 56 The Guildford Increase in mortgage fraud, at Town Centre “suspicious” applications WITH The right place to DYNAMIC LOOK MAPS FOR THE call “home” 30 Finance CIRCLE Secondary suites are 60 The Belmont at Heritage the “new normal” Made in Murrayville by Sonia Bell + plus
2 DESIGNER SHOWHOMES - NOW OPEN 2 DESIGNER SHOWHOMES - NOW OPEN
relaxing after a long day at the office to a whole new level. Before I leave, we take a quick tour of the second showhome where I notice a few of Summit’s standard features that I missed in my haste to get to the rooftop deck: side-by-side garage, main floor powder room, air conditioning on the main living level and master bedroom, luxurious Carrera- VICE PRESIDENT & CHIEF PUBLISHING OFFICER inspired tile in the ensuite, as well as pre-wiring for audio and security camera on the rooftop patio. Kitchens also include walk- in pantries, centre islands with 40 Homebuyers’ Help magazine rack on one end, and even a built-in wine fridge. So be honest, Caroline Andrews when did you see a townhome with a wine fridge as a standard? Just my kind of culinary and social hub.
AWARD WINNING BY DESIGN Why 2017 is still a good “Last year, Hayer Builders Group was awarded a Canadian Home Builders’ Association (CHBA) PUBLISHER & GENERAL MANAGER National Award of Excellence in the attached home category for Exchange in Langley,” Brandon says as he walks me to my car. SPECIAL year to buy a home “At Summit, they’ve taken all that knowledge plus feedback from their buyers, then kicked the quality and Shawn Woodford design up another notch.”
by Wayne Karl Location Surrey Builder/Developer INSERT Hayer Builders Group DIRECTOR OF SALES Development Summit Presentation Centre Home Type and Two Display Homes Townhomes Open noon to 5 pm 64 AVE 142 ST Sales Centre Except Friday 138 ST 14058 – 61st Avenue, Surrey Moe Lalani 14058 – 61st Ave, Surrey Contact 140 ST hayerlifestyle.com or hayerlifestyle.com 61 AVE 778.591.6685 778.591.6685 60A AVE 66 Going For Gold 60 AVE Honouring the best of BC’s SENIOR MANAGER, CONTENT residential building industry Summit Jennifer Reynolds by Susan M Boyce Serious “wow” factor SENIOR EDITOR Lydia McNutt inspiration ART DIRECTOR 47 Winter White Megan Pike One of the season’s 62 What’s Online CONTRIBUTING EDITORS More stories, videos hottest trends Sonia Bell and photos by Elisa Krovblit Wayne Karl Elisa Krovblit 74 Hot Properties advice Find out what’s new and CONTRIBUTING WRITER hot in Metro Vancouver’s Susan M Boyce 18 Home Sweet Home real estate marketplace Housing affordability DESIGN EDITOR by Susan Boyce Yanic Simard deteriorates... Again. by Lydia McNutt 80 Listings Directory MEDIA CONSULTANTS Dave Bird 604.319.7102 34 Mind Over Mortgage Ricardo Hernandez 604.319.7103 The four types of home district maps ownership SALES COORDINATOR Vancouver Justin Salvador by Alisa Aragon 14 28 Burnaby/New Westminster PRODUCTION MANAGER 46 Condo Sense Helen Pearce Expect the unexpected 32 Tri-Cities Don’t be blindsided by GRAPHIC DESIGNER “surprise” costs 36 North Shore/Squamish Miguel Cea by Cameron McNeill PRODUCTION CO-ORDINATOR 42 Richmond Hannah Yarkony in every issue 48 South Surrey/White Rock Published by 12 Editor’s Note 54 Surrey/Langley 26 Neighbourhood Profile 72 Maple Ridge/Pitt Meadows Yaletown 4180 Lougheed Highway Suite 102 by Sara Duck Abbotsford/Chilliwack 76 Burnaby BC V5C 6A7 T 604.519.6080 F 604.519.6088 ypnexthome.ca
ADVERTISING Call 604.519.6080 for rates and information.
CIRCULATION Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.
COPYRIGHT 2017 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada.
EDITORIAL Editorial submissions from interested parties will be considered. Please submit to the editor 66 by email to [email protected]. The views and data expressed by columnists do not necessarily represent those of the publication Editors’ Notes
Mortgage fraud is on the rise
IT LOOKS LIKE RISING HOME PRICES are bringing out the ugly side – or, at least the dishonest side – in some people. Credit reporting agency Equifax Canada reported a 52-per-cent increase in mortgage fraud compared to 2013. Of the mortgage applications that were flagged, 67 per cent were from Ontario and 12 per cent from B.C. Coincidence? Equifax’s survey also found that one in five Canadians who do not have a mortgage are worried they’ll never own a home because of rising prices, and want to buy a home but can’t because of the down payment. Here’s another interesting tidbit – 13 per cent of Canadians said a “little white lie” on a mortgage application is okay, if it’ll get you the home you want. To the fibbers out there: aside from being a crime, by lying on your mortgage application, you’re just kidding yourself. If you weren’t approved based on your actual numbers, then what makes you think that you LYDIA MCNUTT can afford it? It’s no wonder that the Bank of Canada is waving a red flag about rising household debt and Canadians’ ability (or, more aptly, Senior Editor inability) to pay up. Yellow Pages NextHome Here’s a word to the wise – make a budget and stick to it. Consider Email: [email protected] your existing debts, expected mortgage payments, bills and taxes, Twitter: @LydiasTweets expenses and lifestyle. Are you secure in your job? How do you envision your life in five years? In 10 years? At retirement? Don’t forget to factor in a potential increase in mortgage interest rates. All things considered, can you afford it? Don’t overextend yourself in the interest of some extra square footage. You want to live in your home, not for your home.
YALETOWN
SEE MORE PHOTOS ONLINE
Once dominated by warehouses and rail yards, Yaletown is now one of BC’s hottest ‘hoods boasting revitalized heritage buildings turned fashion and design shops, uber hip restaurants and bars, marinas and parks, lending a beautiful backdrop to the highrise buildings that surround them. Read the full story…
nexthome.yp.ca/yaletown
+ get social Interact with us on social media: ypnexthome
12 YPNEXTHOME.CA Trending Third-highest selling year on record Vancouver home sales hot in 2016
TOWNHOMES IN ’16 APARTMENTS IN ’16 Active listings - 826 Active listings - 1,808 Sales - 258 Sales - 915 Benchmark Price - $661,800 Benchmark Price - $510,300 DETACHED IN ’16 Avg. Days on Market - 40 Avg. Days on Market - 33 Active listings - 3,711 Sales - 541 Benchmark Price - $1,483,500 Avg. Days on Market - 49
VANCOUVER AREA HOME SALES hit “The supply of homes for sale couldn’t keep up 39,943 by year end 2016, marking the third-highest year for sales on record. with homebuyer demand for much of 2016. This This represents a 5.6-per-cent drop allowed home sellers to raise their asking price. from 42,326 sales tallied in 2015, and It wasn’t until the last half of the year that prices a 20.6-per-cent jump from the 33,116 home sales recorded in 2014. began to show modest declines.” This puts 2016 in third place when it comes to record sales, behind only The MLS Home Price Index (HPI) December 2016 stats behind only 2015 and 2005. composite benchmark price for all at a glance Dan Morrison, president of the Real residential properties in Metro Vancouver Estate Board of Greater Vancouver ended the year at $897,600, down 2.2 per Total homes sold: 1,714 DOWN 39.4% from Dec. 2015 (REBGV) attributes the hot sales and rising cent over the past six months, but up 17.8 DOWN 22.6% from Nov. 2016 prices to low supply and high demand, per cent over December 2015. which “brought more attention to the “As prices rose in the first half of the Sales 8.1% below 10-year average market than ever before,” he said in the year, public debate waged about what New listings: 1,312 REBGV December sales report. was fuelling demand and what should DOWN 35.1% from Dec. 2015 Metro Vancouver saw 57,596 homes hit be done to stop it,” Morrison said. “This DOWN 58.3% from November 2016 the market in 2016, up 0.6 per cent over led to multiple government interventions 2015 and representing a 2.6-per-cent rise into the market. The long-term effects of Total listings in Dec. 2016: 6,345 from 2014. these actions won’t be fully understood UP 5.3% from Dec. 2015 DOWN 24.3% from Nov. 2016 “The supply of homes for sale couldn’t for some time.” keep up with homebuyer demand for much of 2016. This allowed home sellers to raise their asking price. It wasn’t until MORE TRENDING ONLINE the last half of the year that prices began ypnexthome.ca/news to show modest declines,” Morrison said.
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 13 Vancouver | Downtown Vancouver
SEABUS BURRARD INLET E HASTINGS ST
NW MARINE DR 11 14 VENABLES ST CHANCELLOR BLVD 4 1 12 6 JERICHO POINT GREY RD TERMINAL AVE BEACH CORNWALL AVE 5 PARK E 1ST AVE
WESTBROOK MALL W 4TH AVE W 6TH AVE W 10TH AVE 2 COMMERCIAL DR W BROADWAY E BROADWAY
UBC W BROADWAY E BROADWAY RENFREW ST W 12TH AVE
ALMA ST ALMA MCDONALDST W 16TH AVE W 16TH AVE BURRARD ST KINGSWAY E 12TH AVE 9
MAIN ST
OAK ST
CAMBIE ST PACIFIC W KING EDWARD AVE SPIRIT E KING EDWARD AVE PARK 16 22 E 29TH AVE ARBUTUS ST 18 QUEEN E 33RD AVE 15 ELIZABETH KNIGHT ST PARK
DUNBAR ST SW MARINE DR GRANVILLE ST W 41ST AVE E 41ST AVE 3 W 49TH AVE 7 E 49TH AVE
MAIN ST 20 VICTORIA DR W 57TH AVE OAK ST 13 21 19 23
8 BOUNDARY RD SE MARINE DR W 70TH AVE
SW MARINE DR
NEW CONDOS: 6. THE CREEK 11. 1335 HOWE 16. THE REGENT AT KING 21. INTRACORP 95 East 1ar Ave Downtown Vancouver EDWARD STATION TOWNHOME 1. ARC thecreekbyconcert.com Onni.com 523 W. King Edward Ave 88 Pacific Blvd. COLLECTION, 604-273-1313 7302-7358 GRANVILLE 604-899-8800 7. STERLING 12. AVENUE ONE www.intracorp.ca/ 2. 1555 WEST EIGHTH 49th & West Boulevard Presentation Centre 17. OAK + PARK 604-428-8858 88 Pacific Blvd. townhomes/c/granville59th/ 1555 W 8th 604-558-5851 avenueone.ca 604-891-1288 604-828-3998 8. AVALON PARK 18. PRIMROSE 1555w8.com River District 13. BELPARK West 33rd and Cambie 22. BROWNSTONES Neighbourhood Vancouver Westside 4344 Knight 3. AVALON MEWS PrimroseVancouver.com 604-879-8830 604 891 1281 604-620-6616 5808 Wales 19. SHAUGHNESSY 604-438-5050 9. ETON 14. THE SMITHE RESIDENCES 23. TUDOR HOUSE 4. TATE DOWNTOWN 5696 Berton Avenue 1035 Seymour Street 8123 Shaughnessy Street 1511 W 8th Ave 604-221-8598 604-689-7003 778-939-9280 1265 Howe St 604 558 5848 604-568-8283 10. THE GREY 20. MCKINNON Dunbar and 16th NEW HOMES: 5. PROXIMITY 15. ASTON West Blvd & 48th Ave. thegreyliving.com mckinnonbycressey.com 2nd Ave & Ont Oak and 38th 604-731-3500 604-418-6809
14 YPNEXTHOME.CA ABOVE ALL ELSE
ELITE MODERN RESIDENCES ADJACENT TO QUEEN ELIZABETH PARK ON CAMBIE STREET
Contemporary design and bold architecture intersect as Pennyfarthing Homes introduces Hawthorne – the legacy edition of their distinguished Cambie Collection. A new benchmark for luxury living rising 7 storeys above the park, 1 to 4-bedroom homes are marked by meticulous finishes and tailored detailing. Expansive windows offer sweeping natural light throughout homes with unobstructed views from upper floors.
PRESENTATION CENTRE 3373 CAMBIE STREET
604.558.1907 LIVEATHAWTHORNE.COM
SALES BY MLA CANADA REALTY. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERINGS MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT. E.&O.E. Property Profile | HAWTHORNE
cover story
Hawthorne Above all else
THE WAIT IS OVER AND IT’S OFFICIAL: featuring extensive window glazing appliances. Select homes will also savvy homeowners have fallen in love and progressive architectural elements feature exquisite marble islands with with Hawthorne. Located at West — creates an impressive statement of waterfall edge. 34th Avenue and Cambie Street in modern style. Bathrooms incorporate a blend of Vancouver’s prestigious Westside, polished Quartz counters, rich wood this newly released collection of 44 Elite modern style cabinetry and seamless glass shower exquisitely appointed residences is Hawthorne’s display home is a showcase enclosures to create a sleek, minimalist poised to become a new benchmark of of the sophisticated finishings and aesthetic — a timeless, harmonious sophisticated living that continues the meticulous attention to the luxurious sense of sheer luxury. It all adds up to an success of Bennington House and The quality that Pennyfarthing is known for. enviable lifestyle in one of Vancouver’s Grayson. It’s no wonder attendees at In short, it’s a must see for anyone who most sought-after neighbourhoods. the grand unveiling on January 14 were wants to celebrate the delights of a In addition, owners will have exclusive impressed. sophisticated, urban lifestyle. access to Hawthorne’s 1,600-sq.-ft. The Legacy Edition of Pennyfarthing’s Over-height ceilings and expansive common rooftop terrace. A great place Cambie Collection, Hawthorne will windows throughout allow every room to relax and entertain, this lavishly rise an unprecedented seven storeys to be filled with natural light. landscaped amenity will overlook Queen — making it the highest residence Kitchens offer a modern distinction Elizabeth Park and provide unobstructed in this part of the Cambie Corridor achieved with contemporary flat-panel views of the North Shore Mountains neighbourhood. Its striking façade — cabinetry and premium Bosch integrated and downtown Vancouver cityscape.
16 YPNEXTHOME.CA Features include an outdoor dining area, communal barbecue, a shared urban garden, and a children’s play area.
Quality you can rely on Built by Pennyfarthing Homes, a trusted local developer with more than three and a half decades of experience in the Metro Vancouver market, Hawthorne continues the tradition of building superior homes that reflect an elevated sensibility and taste: higher quality finishes and construction to give every homeowner increased satisfaction over the years. It’s a legacy that Pennyfarthing Homes — and the people who live in them — can be proud of.
Hawthorne will be located at 4988 Cambie St. adjacent to Queen Elizabeth Park. The presentation centre and display home are open from noon to 5 p.m. daily except Fridays at 3373 Cambie St. in Vancouver. One- to four-bedroom residences that range from 613 to 1,625 sq. ft. as well as an exclusive penthouse collection are available. Be sure to visit soon Enjoy an enviable lifestyle in one of Vancouver’s because time is of the essence — most sought-after neighbourhoods both Bennington House and The Grayson by Pennyfarthing sold out quickly. For more information, visit LiveAtHawthorne.com, email [email protected] or call 604.558.1907.
Location Cambie Corridor, Vancouver
Builder Pennyfarthing
Development Hawthorne
Home Type Midrise
Sales Centre 3373 Cambie St.
Contact LiveAtHawthorne.com or 604.558.1907
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 17 Advice | HOME SWEET HOME Housing affordability deteriorates... Again.
“New mortgage insurance rules may help By Lydia McNutt affordability over time, but 2017 is likely to see a tug of war between these market-cooling policy measures and rising longer-term interest rates,
MORE ADVICE ONLINE pulling affordability in opposite directions. The net ypnexthome.ca/news/advice effect of this on the costs of owning a home is unclear at this point.”
SKYROCKETING HOME prices dominated the headlines in 2016, and it’s no surprise other debt payments, must not exceed even more. Then, don’t forget about that housing unaffordability remains 44 per cent. those retirement savings! the news of the day as we kick off a What does this mean? Canadians Only now can you think about the new year. Affordability hit an eight- dreaming of a single-detached, two- home itself. Really think about it. Who year low in the third quarter of 2016, storey life should expect to shell out says the key to happiness is a 2,500-sq.- according to the latest Housing Trends 49.4 per cent of their pre-tax income – ft. detached house? Maybe your lifestyle and Affordability Report issued by RBC providing they earn at least an “average” is better suited to an urban condo, Economics Research. income. This leaves a 10 per cent gap where you may not need a car and its Despite the new mortgage between the actual cost of home associated expenses. Weigh the pros and qualification rules and policy changes in ownership and Ottawa’s new GDS ratio cons, then decide. The perfect home is BC, which had an overall cooling effect of 39 per cent. out there, with something suited to every on Canada’s housing markets, RBC Add to this taxes, living expenses and budget. Maybe you’ll just have to explore reports that housing affordability has other debts, and that doesn’t leave much some different definitions of “home” to continued to deteriorate. for your rainy-day fund, never mind find the right one. RBC’s housing affordability measure retirement savings. “The third quarter could be a turning rose for the sixth consecutive quarter To afford a home, Canadians will need point toward improving affordability in nation-wide – up 1.3 percentage points to increase their income, or decrease the Vancouver area in light of a recent to 44.3 per cent. The higher the measure, their housing budget – and expectations. easing in detached home prices, but the worse the affordability. Leading the Today, more than ever, creating a further deterioration is likely to occur pack once again, single-detached homes realistic budget is key. This will be your in the near term in Toronto,” according rose by 1.3 percentage points to 49.4 first step on the road to home ownership to Craig Wright, RBC’s chief economist. per cent, followed by condos, up 0.8 – before you start making your wish list. “New mortgage insurance rules may percentage points to 35.6 per cent. Your budget will define what area you can help affordability over time, but 2017 is To put these numbers in perspective, afford to live in, the type of home, and the likely to see a tug of war between these when you’re applying for a mortgage, lifestyle you’ll lead long after your offer is market-cooling policy measures and lenders combine your total housing costs accepted and your boxes unpacked. rising longer-term interest rates, pulling and calculate what percentage they are Determine what you can comfortably affordability in opposite directions. The of your gross monthly income, known as afford. This doesn’t mean the mortgage net effect of this on the costs of owning your Gross Debt Service ratio (GDS). amount you’ve been pre-approved a home is unclear at this point.” Under the new mortgage rules, your for. Calculate your monthly mortgage Gross Debt Service (GDS) ratio – total payments, property taxes and utility Lydia McNutt is an award-winning writer housing costs including mortgage, costs. Then, add your other expenses: and senior editor of New Home and Condo property tax and heating – must not student loans, car expenses, and daily Guide. Lydia’s love of architecture, interior design and the written word have landed her exceed 39 per cent of your gross income. costs like groceries, clothes, medical/ happily at YP NextHome, where real estate The Total Debt Service (TDS) ratio, which dental and the like. Do you have kids, rules. Email [email protected], includes total housing costs plus any or are you planning to? That’ll cost you and follow Lydia on Twitter @LydiasTweets
18 YPNEXTHOME.CA PEOPLESCAPE A COMMUNITY DESIGNED FOR LIVING.
River District Vancouver is designed to bring people together. People who want space to play and walk, with places to gather and talk and relax and be part of a cohesive neighbourhood. Featuring pedestrian-friendly streets, european inspired plazas, urban retailers, parks and other modern amenities, River District Vancouver is designed with human-centred principles that make everyday living easy and enjoyable. It’s a community you’ll love to come home to.
Avalon Park homes now selling. Phase two homes will be released soon. WWW.RIVERDISTRICT.CA
This is not an offering for sale. One can only be TOWN CENTRE RETAILERS OPENING 2018. + MORE made by way of a disclosure statement. E.&O.E.
SALES AND MARKETING BY ICON MARKETING INC. PRICES ARE SUBJECT TO CHANGE. THIS IS NOT AN OFFERING FOR SALE. SALE CAN ONLY BE MADE BY DISCLOSURE STATEMENT. E&O.E. RENDERINGS ARE ARTIST’S CONCEPT ONLY.
COMMEMORATING BRITISH TRADITIONS IN ARCHITECTURE
Known for their dedication to quality and timeless design, Formwerks Boutique Properties presents Tudor House: an exquisite collection of fifteen homes nestled within the tranquil neighbourhood of South Vancouver. These one to three-bedroom and den stacked townhomes are a portrait of classic Tudor-style architecture offering spacious floorplans and stately interiors with convenient proximity to schools, parks, shops and the Marine Drive Canada Line Station.
NOW SELLING BY REGISTER TODAY PRIVATE APPOINTMENT [email protected] SALES GALLERY LOCATED AT 778.939.9280 3-1151 WEST 8TH AVENUE TUDORLIVING.CA VANCOUVER, BC V6H 1C5 SKYTRAIN 2 BLOCKS Property Profile | THE SMITHE
The Smithe Refined city living by Susan M Boyce
ELEGANT, GRACEFUL, IMBUED with a prestigious in the very heart of Vancouver’s dynamic Arts combination of high design and amenities, The and Events District. Here, you’re within walking Location Downtown Vancouver Smithe’s sales gallery is now scheduling exclusive distance to the diverse array of theatres, previews. Meaning, whether you’re a local galleries, and cultural venues that have helped Builder homebuyer or visiting Vancouver to celebrate set Vancouver firmly centre stage as one of the Boffo Developments Chinese New Year, this is the opportunity you’ve world’s great cities. Home Type been waiting for. From the long-beloved Orpheum and Queen Highrise Elizabeth Theatres, to stylish newcomers like Iconic location the Scotiabank Dance Centre, live performances Contact TheSmithe.ca or Inspired by the rich heritage of adjacent Yaletown in every genre are just steps away. Movie lovers 604.689.7003 and the contemporary aesthetic of Crosstown, this can be amazed by international offerings found highly anticipated residence is perfectly situated at silver screen venues like the Vancouver
22 YPNEXTHOME.CA International Film Centre or the intimate interior design is, in a word, exquisite. are dramatic and unique — inspired by Cinematheque. Honed natural stone flooring throughout, an exotic palisander, or heavily grained As the perfect start to an evening out Sub-Zero and Wolf appliances including walnut. Exterior finishes reference the at the theatre, why not savour dinner at an integrated wine temperature- heritage of nearby historical buildings one of the many award-winning dining controlled storage system, imported from the early 1900s. destinations nearby? Later, perhaps a custom Italian cabinetry from Binova, The Smithe’s 6,000-sq.-ft. sales gallery late-night, signature cocktail before plus ensuites featuring a frameless glass with 1,400-sq.-ft. display home is now strolling home to The Smithe. shower with flush-set composite stone open by appointment only at 1035 All this, plus ever-changing exhibits slab basin and under-lit dual vanities are Seymour St. in Vancouver. Be sure to found at the renowned Vancouver Art just a few of the delights that await. check the next issue of New Home and Gallery or the emerging art sensations “The hallmark of this residence is Condo Guide of an insider’s look at the displayed at the galleries including Boffo’s meticulous commitment to display home. Kostuik Gallery and the Contemporary quality and luxury,” says Scott Trepp, Art Gallery. principal of Trepp Design Inc. “The result Don’t miss this rare opportunity. For is a showcase of the sophisticated, classic more information and to book your Elevated lifestyle design found in single-family residences private viewing, contact The Smithe Poised to become one of Vancouver’s yet with a modern, urban aesthetic.” sales team at 604.689.7003 or visit true destination addresses, The Smithe’s He adds that even the colour palettes TheSmithe.ca.
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 23
24 YPNEXTHOME.CA
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JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 25
BOF_EnglishNewCondoGuideAd_16x10_FA.indd 1 1/12/17 4:25 PM Neighbourhood Profile | YALETOWN
YALETOWN By Sara Duck
ONCE A HEAVILY INDUSTRIAL AREA The vibe In the area dominated by warehouses and rail Urban, upscale and hip are three words You just need to walk outside your door yards, Yaletown is now one of British that describe this highly sought-after to find major amenities like shopping, Columbia’s hottest neighbourhoods neighbourhood. Yaletown’s vibe is restaurants, parks and more. This area and a frequent stomping ground for fun, young and happening, which has a Walk Score of 97 – it’s a walker’s celebs. Old heritage buildings have been explains why so many people and paradise! Of course, you can’t expect revitalized into top fashion and design businesses are flocking to this up-and- to live in such a hip, happening and shops, along with uber-hip restaurants coming neighbourhood that combines convenient area without paying a hefty and bars. The marinas and parks provide Vancouver’s natural beauty as well as its price. Plain and simple, properties don’t a beautiful backdrop to the highrise shiny new offerings. come cheap here. buildings that surround the ‘hood. Meet the neighbours Dollars & sense Lifestyle While the majority of Yaletown residents Vancouver isn’t considered Canada’s Like many other Vancouver locales, are young professionals between 20 and most expensive housing market for Yaletown benefits from being 40 years old, posh penthouse dwellers, nothing – and Yaletown is a classic surrounded by beautiful, natural scenery. families and a growing number of example of how expensive it can be. An Another added perk is that this upscale empty-nesters also call this area “home.” average home is $718,000, which will and trendy area is all about the amenities With so much development taking most likely buy you a bachelor or one- that surround it. Gorgeous landscape, place and slotted to take place over the bedroom suite at best. Renting the same the hottest restaurants, the best shops upcoming years, it’s obvious why the bachelor or one-bedroom unit here and everything within walking distance – face of this neighbourhood is changing will cost you anywhere from $1,200 to it’s the place to see and be seen. so rapidly. $2,500 a month.
26 YPNEXTHOME.CA Hot Spots
Coo Coo Coffee Touted as the best cafe in Yaletown, Coo Coo Coffee has built a strong reputation for its relaxed vibe, fab java and delish Planes, trains & automobiles homemade goodies. With so much hype, Leave your car behind because Yaletown is a pedestrian paradise. The area it’s a must try! also boasts world-class public transit and excellent bike lanes. This urban neighbourhood is an easy walk from the centre of downtown Vancouver, Minami or a quick ferry ride to Granville Island. This sushi joint is all about creating a relaxed, calm atmosphere as you enjoy amazing, fresh food. The extensive sake selection is a must-try when visiting this Quick Facts delicious restaurant! minamirestaurant.com » Distance from City Hall: 2.4 kilometres » Average household income: $96,870 Ganache Patisserie This is a small taste of Paris in the heart » Most common housing type: highrise of Yaletown. Ganache Patisserie is known for its beautiful French-inspired desserts, from pain au chocolat to macarons and Real Estate Market everything in between. ganacheyaletown.com Yaletown has everything going on for its residents, but of course that means that residents pay a premium to live in this exclusive area. Expect big prices but not much square footage. The Cross Because Yaletown consists of many highrise buildings, there are lots of rental options This interior decor shop will take your breath away and inspire endless ideas for available. Prices for rental accommodations in this area are exorbitant. The trade-off: you are your home. Enjoy a beautifully curated paying for a lifestyle, not just a rental. collection of furniture and accessories, bedding, lighting, and even baby items. thecrossdesign.com Street Corner Sugarbox “Yaletown is a fabulous place to live. It has everything I need all in one spot, and that’s a big Let the professionals at Sugarbox take part of the reason I love living here. The surrounding nature is quite beautiful too!” –Sharon care of all your aesthetics needs. From manicures and pedicures to waxing and “The prices may be over the top here, but I feel like I have everything I need at my disposal, facials, this chic and girlie salon has and that to me is priceless.” –Tom you covered and will leave you feeling “Great vibe, great shops and restaurants, great nightlife. It’s the perfect place to live for me.” pampered! mysugarbox.com –Hannah
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 27 Burnaby | New WestminsterBARNET MARINE PARK
BURNABY CONFEDERATION MOUNTAIN Barnet Hwy PARK PARK A11. LUMINA UNIVERSITY DR W HASTINGS ST INLET DR A12 Brentwood A12 A5 A1 luminabrentwood.com SFU A12. PACIFICO A11 GREYSTONE DR 7180 Barnet Rd. A10 GAGLARDI WAY
UNIVERSITY DR E CLIFFAVE CLIFFAVE 604-294-3802
HOLDOM AVE SPERLINGAVE
BRENTWOOD SPERLINGAVE WILLINGDONAVE A9 WILLINGDONAVE A1 MALL SQUINT LAKE PARK A3 BURNABY MOUNTAIN GOLF COURSE CLARKE RD NEW HOMES: A8 BROADWAY GAGLARDI WAY A13. IVORY MEWS
A7 7385 Edmonds Ave @ Fulton Ave NORTHRD NORTHRD A4
LOUGHEED 604-528-6935 Lougheed Hwy MALL SPROTT ST AUSTIN AVE BCIT A14. THE CITY OF LOUGHEED A14 North Road & Lougheed
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3908 HastingsBOUNDARY RD St 150A - 3355 North Rd 604-298-9965 B6. THE COLUMBIA 604 563 3020 604-379-2191 A2. KINGS CROSSING Sales Centre 7350 Kingsway A6. STATION SQUARE A9. GOLD HOUSE 285 Nelson's Court 604-533-3033 4670 Assemble Way 6377 McKay Ave 604-525-3941 stationsquare.ca goldhouseliving.com A3. FULTON HOUSE 2338 Madison Ave., A7. CROWN A10. CONCORD 604-299-8573 Presentation Centre BRENTWOOD #104 - 552 Clarke Rd Lougheed & Beta A4. BROOKMERE 604-939-8868 604-435-1383 Presentation Centre #150 - 3555 North Road
Sales Center Open Sat & Sun 2-4pm or by appointment
28 YPNEXTHOME.CA Trending
Increase in mortgage fraud, “suspicious” applications
THE LATEST DATA FROM credit reporting “There are serious consequences for making false agency Equifax Canada suggests high- risk and suspected fraudulent mortgage or inaccurate claims on any loan or mortgage activity is on the rise noting a 52 per applications. Not only will it stretch your finances, cent increase in suspected fraudulent mortgage applications since 2013. it is in breach of your contractual obligations with According to data from Equifax’s the lender, and simply put, it’s against the law.” enterprise fraud management solution, ‘Falsified Account Statements’ and ‘Falsified Documents’ were the Little white lies cent versus 42 per cent for all other most prominent application tags, as With respect to mortgage fraud, the provinces, respectively) reported by investigators. The other survey showed: was ‘Conflicting Information’. Of those Examining trust applications flagged, 67 per cent were 13% of Canadians indicated they felt it When asked about who they trust from Ontario while the next highest was was okay to tell ‘a little white lie’ when in the home-buying experience, the 12 per cent from B.C. applying for a mortgage to get the house survey showed: Equifax also conducted a survey to they want. chart the attitudes and perceptions of 44% of Canadians trust real estate Canadians with respect to the current 16% said they believe mortgage fraud is agents the least during the home- housing market. One-in-five Canadians, a victimless crime buying experience who do not have a mortgage, indicated they are nervous they will never own a 8% admitted to misrepresenting the facts About 25% also distrust homeowners home because of rising prices and want on a credit or loan application (27 per cent) and home inspectors (26 to buy a home but can’t because of the per cent) down payment. The cost of buying a home “We’re certainly seeing more mortgage When asked about housing prices, the 20% distrust mortgage brokers, applications being flagged as suspicious results of the Equifax survey showed: another 16 per cent don’t trust their by our reporting institutions,” said Tara bank and equally 16 per cent have little Zecevic, vice-president, Customer 84% believe that the cost of home trust in their insurance agent Insight at Equifax Canada. “While we ownership is too high for first-home cannot entirely attribute these increases buyers today 9% said they trust all professionals to consumers overstating personal involved in the home-buying income or falsifying applications, we do Nearly 30% of Canadians cite ‘more experience want to remind people that there are demand than supply’ (29 per cent) and serious consequences for making false ‘foreign buyers’ (27 per cent), as the main or inaccurate claims on any loan factors driving up home prices or mortgage applications. Not only will it stretch your finances, it is in breach BC residents were most likely of your contractual obligations with (compared to other provinces) to cite MORE TRENDING ONLINE the lender, and simply put, it’s against foreign buyers as the top reason for ypnexthome.ca/news the law.” home prices being driven up (75 per
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 29 Trending
Secondary suites are the “new normal”
By Sonia Bell
WITH THE COSTS OF buying and maintaining a home on the rise, Canadians are increasingly relying on secondary suites to help mitigate the costs of home ownership. According to a new report by Mortgage Professionals Canada, Canadians who purchased their home within the past two years reflect a “new normal” in the Canadian housing market. Thirty-four per cent of first- time buyers think it’s important to generate income from their properties, and 13 per cent of homeowners undertook renovations to add space for MORE TRENDING ONLINE a rental unit. ypnexthome.ca/news The report contains data obtained from various sources, including an online survey of 2,000 Canadians. According to the respondents, current amortization period is 22.4 years. The most recent buyers expect that, on average, homeowners renting a secondary they will repay their mortgages in 18.8 years, which is 3.6 years shorter than their suite indicated that it was a necessity, average contracted period. with 24 per cent stating, “I need to There are multiple factors contributing to this “new normal.” Of course, rising rent a room/unit in my home to house prices, especially in hot markets like Greater Vancouver, have put added afford my mortgage,” and 15 per cent pressure on first-time homebuyers to save a larger down payment. Moreover, the acknowledging that they “would have new mortgage stress test implemented in October 2016, which has a benchmark to make major lifestyle changes if [they] rate of 4.64 per cent (far and above today’s actual interest rates), means plenty of did not have rental income.” prospective homeowners will either have to lower their budget, or continue saving. “Creating income remains a useful “It is too soon to measure the impacts of this policy change,” says Will Dunning, tool for first-time homebuyers,” says chief economist at Mortgage Professionals Canada and author of the Annual State Paul Taylor, president of Mortgage of the Residential Mortgage Market in Canada report. “The survey finds that among Professionals Canada. “People are potential homebuyers who expect to be subject to that test, their ability to buy looking for ways to make owning a a home will be impaired. As a result, they also expect that there will be negative home more affordable. Generating impacts in the overall housing market and in the broader economy.” income allows them to reduce their Homebuyers are seeking various avenues to achieve their down payment. Personal mortgage more quickly.” Each year savings is still the primary source of their down payments, but homebuyers are more more than one-third of mortgage likely now than ever before to rely on other sources, including loans from financial holders take actions that will shorten institutions and withdrawals from RRSPs (via the Home Buyers’ Plan). There is also a their amortization periods, such as larger dependence on the “Bank of Mom and Dad,” where new homebuyers receive creating and renting a secondary suite. funds from parents and family members who have enjoyed rapid increases in their For homes purchased between 2014 home values in the past decade and a half, affording them the ability to assist their and 2016, the average contracted children.
Sonia Bell is the digital editor at Yellow Pages NextHome with the inside scoop on what’s trending in real estate, renovation and décor. She has her Masters in Communications, specializing in media, and loves writing about all things real estate.
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32 YPNEXTHOME.CA JANUARY 28TH OPENS
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REGISTER NOW: Mantyla is the final collection of apartment residences polyhomes.com within Windsor Gate, Polygon's vibrant master-planned community in the heart of central Coquitlam. Experience or 604.871.4192 sophisticated two and three-bedroom homes and a private, five-star clubhouse within Coquitlam’s most sought-after community. Outside, a range of amenities await — from top-rated schools and the new Evergreen SkyTrain extension, to scenic Lafarge Lake and Coquitlam Centre.
This is currently not an offering for sale. Any such offering may only be made by way of a disclosure statement. E.&O.E. Advice | MIND OVER MORTGAGE
The 4 types of home ownership
By Alisa Aragon
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THERE ARE FOUR MAJOR TYPES of home ownership and it is important to have an understanding of what each of them entails. This type of ownership is used for duplexes, apartment blocks, townhome complexes, Freehold ownership: buildings with residential and retail units (mixed-use properties), warehouses and Freehold, or fee simple, properties are many other types of buildings. There are some single-family properties that are part one of the strongest forms of home of a bare-land strata development, where the owners share the common space and ownership in Canada. The owner of a expenses for maintaining those areas that are shared. freehold interest property has full use and control of the land and the buildings Co-operative ownership: on it, subject to the use of their property Co-operative ownership is very similar to strata title where the owner owns a which is originated from the zoning property containing a number of housing units along with its common area, which bylaws, and permit restrictions set in some or all members can utilize. The major difference between strata title and co- place by the local city or municipality. A operative ownership is that, in co-operative ownership, individuals own shares of the freehold property remains with the title entire building and each shareholder is assigned one particular unit in which to reside. holder unless they transfer it out of their name (sell it) or die. Leasehold ownership: Leasehold ownership most commonly occurs on University Endowment Lands, First Strata title: Nation reserve land and other areas where the city owns the property. The leasehold There is a high increase in the amount interest in an area of land, means that you have the exclusive use of the property of condos and townhomes available occupying that land for a designated period of time. Normally the original leasehold to purchase in Metro Vancouver and ownership in BC is set for 99 years. It is important to note that this time period is strata ownership is quickly becoming not reset with each new buyer of the property. When buying a leasehold property, one of the most common forms of it is extremely important to check how much time is remaining on the lease. This home ownership. The strata title form is particularly important at the end of the lease, as the owner of the property can of ownership is designed to provide the choose to resell the leasehold interest, redevelop the land entirely or leave the land exclusive use and ownership of a specific vacant. unit or lot within a larger building or development. While the owner of that strata title has full ownership of all the Alisa Aragon is a Mortgage Expert who develops short & long term strategies that are interior elements of their unit, they also customized for each client. Her strategies include the best mortgage with the most share ownership of common areas like favourable terms and rates to suit your needs. DLC Mountain View. www.YMSG.ca or halls, grounds, parkades, elevators, etc. [email protected]
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36 YPNEXTHOME.CA 2 SHOWHOMES NOW OPEN Property Profile |KINDRED
Kindred A sense of place by Susan M Boyce
THIS IS IT. Your first opportunity Located on a sunny, south-facing slope just east of Location to be part of an evolution in Lonsdale, the two five-storey buildings wrap around Moodyville, North Vancouver North Vancouver’s Moodyville a lush, south-facing terrace where you’ll find walking neighbourhood. Introducing Kindred, a paths, a barbecue and dining area, kids’ play area, a Builder collection of 96 condominium homes bocce lawn and community garden plots. “And the views Fairborne brought to you by Fairborne. are going to be amazing — downtown Vancouver and Development “Moodyville is just emerging as right across the Burrard Inlet,” Edmonds says. Kindred a dynamic, pedestrian-oriented Inside, homes are bright and spacious with nine-ft. neighbourhood,” says Cristy Edmonds, ceilings, two-toned cabinetry, entertainment-sized Home Type director of sales and marketing at balconies and private decks, plus laminate hardwood Lowrise Fairborne. “People love it because it’s flooring throughout main living areas. Kitchens feature Sales Centre close to transit and popular Lower quartz countertops and stainless steel appliances by 133 West 1st St. Lonsdale, there’s easy access to KitchenAid and Fisher & Paykel. And no matter what Contact shopping and restaurants, and the sized home you decide fits you best, you’ll have a centre kindredmoodyville.ca outdoor recreation is fantastic.” island with bar seating for casual entertaining. or 604.770.0791 Edmonds adds that since this will Got gear like bikes, skis, skates and camping stuff? No be the first lowrise built in Moodyville, problem. In addition to secure underground parking, there’s a huge pent-up demand from each Kindred home comes with bike storage and buyers who want an affordable, stylish individual gear lockers. Sounds like Fairborne’s thought alternative to a concrete highrise. of everything. Kindred delivers. Kindred will be located in the 600 block of East Celebrate style 3rd Street in North Vancouver. Previews start Sat., Like every Fairborne home, Kindred is Jan. 21 at 133 West 1st St. Homes are priced from built with meticulous attention to the the low $400,000s. For more information visit details that make life easy. kindredmoodyville.ca or call 604.770.0791.
38 YPNEXTHOME.CA NORTH SHORE/SQUAMISH/WHISTLER PREVIEWING NOW
1 & 2 BEDROOM PREMIUM APARTMENT RESIDENCES Kindred embraces the best of life in North Vancouver. Situated in Moodyville, a well-established, family friendly neighbourhood, the premium 1 & 2 bedroom apartment homes boast stunning views, direct access to parks, greenways and transit, and the convenience of being a short stroll from Lower Lonsdale’s shops, restaurants and entertainment.
PRESENTATION CENTRE NOW OPEN 133 West 1ST Street, North Vancouver
This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.& O.E.
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 39 Trending Why 2017 is still a good year to buy a home MORE TRENDING ONLINE By Wayne Karl ypnexthome.ca/news
CANADA’S VARIOUS HOUSING markets The Canadian Real Estate Association were regular headline newsmakers provides one, in the form of its average last year, and not always for the most price forecast for this year. For BC, it positive reasons, from skyrocketing sees prices in Vancouver falling 7.8 per prices in Vancouver and Toronto, to cent, compared to 8.1 per-cent-growth continuing soft conditions in Alberta, in 2016. For Ontario, it foresees prices to yet further mortgage rule changes climbing just one per cent, versus courtesy of the federal government. shooting up more than 15 per cent All of it makes for a growing list of last year. challenges for prospective homebuyers, “There will certainly be opportunity and might discourage some to delay for first-time buyers in both markets,” their purchase. ReMax Vice-President Elton Ash told YP Rest assured, however, there are NextHome. “The challenge will be in the reasons why 2017 is still a good year higher qualification rates for high-ratio to buy a home. (One important caveat, mortgages. Once first-time buyers reset though: If you can afford it.) their affordability expectations, they will see price advantages in buying in 2017.” 1. Pause for the cause Slowing price growth in Vancouver 2. Big Brother is in your and Toronto is actually a positive corner – really development for would-be buyers. The latest mortgage rule changes Spared from year after year of double- introduced by the federal government digit home price growth, purchasers will late last year were intended to stabilize no doubt appreciate a pause, as it may “overheated” housing markets, mostly in crack open a window of opportunity for Vancouver and Toronto, slow home price them to buy. growth and keep mortgage indebtedness Affordability is a serious concern in under control. these two markets. Underlining the president of the Real Estate Board of What the changes also do, however, matter was a warning from Canada Greater Vancouver. is make it more difficult for young Mortgage and Housing Corp. (CMHC) Personal finance guru Gail Vaz- Canadians to take that important first in October which highlighted that Oxlade has a slightly different view. It’s home-buying step. most Canadian housing markets were not lack of supply that’s driving prices Homebuyers who apply for a high- overvalued, and price growth was to up, but rather a shortage of grey matter. ratio mortgage (less than 20 per cent slow through 2018. Home prices have “(Supply) is not what is pushing new down payment) now have to undergo a risen ahead of economic fundamentals homes to record prices – stupidity is,” “stress test” by qualifying at a rate (4.64 such as personal disposable income and she wrote in a recent Twitter exchange. per cent) you may not even actually have population growth, CMHC says, resulting “#MoreMoneyThanBrains.” to pay (if you qualified for a mortgage at in overvaluation in many markets. Easy credit, CMHC mortgage some of the current better rates, say 2.5 And then there’s the low supply, high backing and “banks’ greed” are the real per cent). demand reasoning behind rising prices. causes, she says. A significant market These changes may mean that your “Escalating prices caused by low correction might be the only solution, buying power is reduced, but it’s for your supply and strong homebuyer demand “but that’ll just leave a whole lot of own good. The stress test is intended brought more attention to the market people upside down.” to assure lenders – and yourself – that than ever before,” said Dan Morrison, Pause for the cause, instead. you could still afford your payments if
40 YPNEXTHOME.CA interest rates rise. In other words, the changes are intended to protect you from the “stupidity” (Vaz-Oxlade’s words) of borrowing more easy money than you should. MORE TRENDING ONLINE You can also look forward to Ottawa ypnexthome.ca/news releasing the National Housing Strategy some time in 2017. It is intended to address multiple and varied issues, from affordable housing to rental markets to home ownership, and execute a vision that is equitable across differing economies, markets and conditions. It’s a tall order, indeed. Such complex and far-reaching challenges are why some critics are skeptical that Ottawa can deliver anything meaningful in the strategy. But we’ll take a more positive outlook. Canada has never had a national strategy, and given the growing importance – and challenges – of housing, only good can come from the process. 4. Alberta rebound Canadian Home Builders’ Association 3. Economic mettle Housing markets in Calgary and – Alberta, told YP NextHome. “That Canada has proven its economic mettle Edmonton remained relatively stable in optimism likely reflects gains of almost time and time again over the last several 2016, with moderate declines in sales 50 per cent in oil prices last year that years. In its Financial System Review in and average prices as a result of the are raising consumer comfort levels December, the Bank of Canada says extended recovery of the oil sector. after a couple of tough years for the the Canadian financial system remains The average residential sale price economy.” resilient, as the nation’s economy in Edmonton decreased by two per improves. cent year-over-year, while in Calgary 5. Interest rates The proof is in the pudding, in the it dropped by four per cent, according Vaz-Oxlade’s concerns notwithstanding, way of Statistics Canada’s Employment to ReMax. Buyer activity is expected it’s fair to say Canadians have benefited Report from December, which says to pick up slightly in the second half from the prolonged period of historical employment rose by 54,000 for the this year, with improving employment low interest rates. Most experts don’t month, with the unemployment rate opportunities in the oil sector. see any significant change here for at 6.9 per cent. For the fourth-quarter For the province as a whole, the 2017, though some lenders recently of 2016, employment increased by 0.6 Canadian Real Estate Association says inched up rates on some mortgage per cent – the largest increase since 2016 and 2017 will finish up largely flat products. the second quarter of 2010. For 2016 in terms of price growth – but this is “It’s no secret that fixed mortgage as a whole, employment gains totaled actually an improvement over a 1.9-per- rates are closely correlated with bond 214,000 or 1.2 per cent, compared to cent decline in 2015. yields,” says Andrew C. MacDonald, a 0.9-per-cent growth over the same Alberta, no doubt, will take it. client account manager at Calum Ross period a year earlier. The consensus is that real estate in the Mortgage. Just a bunch of numbers, right? Not province is poised to begin to rebound in He adds, “We’ve already seen an exactly. the second half of 2017. upward movement in bond yields from Housing markets cannot thrive without On the new home front, housing starts historical lows, and most lenders have a strong economy. Economic growth – an important sign of economic health started to raise interest rates slightly, leads to employment growth, which – are starting to rise. as a result. The good news is rates leads to wage growth, which leads to “A member survey showed home are still hovering just above historical consumer confidence – which all leads starts are expected to rise a modest 5.7 lows, which makes now a great time to to buying homes and household goods. per cent in 2107,” Donna Moore, CEO of purchase (or refinance) a home.”
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 41 AAAAAAA
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www.rivergreen.com
ONLY A FEW FEATURED WATERFRONT HOMES REMAINING COMPLETION 2017
This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
Presentation Centre Open Daily 12pm-5pm www.rivergreen.com 5111 Hollybridge Way, Richmond V7C 0A3 604.233.2633 % SOLD 90
NEW TOWERS REGISTER NOW
FOR THE UPCOMING TOWERS AT 2 RIVER GREEN
www.rivergreen.com
ONLY A FEW FEATURED WATERFRONT HOMES REMAINING COMPLETION 2017
This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
Presentation Centre Open Daily 12pm-5pm www.rivergreen.com 5111 Hollybridge Way, Richmond V7C 0A3 604.233.2633 Advice | CONDO SENSE Expect the unexpected Don’t be blindsided by “surprise” costs
By Cameron McNeill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
IN TODAY’S ACTIVE real estate market, you may be required to make a decision on buying your dream home sooner than what you’re comfortable with, as another family could be looking to make an offer on the same home. In fear of losing the home you’ve fallen in love with, you make a quick offer and the home is yours. Overwhelmed with the excitement of the purchase of your new home, you may have overlooked a few items that you didn’t think about. Unfortunately, it’s usually these overlooked items that will end up costing you money. Here are just a few things to keep an eye out for:
Closing costs: A costly oversight is typically closing costs. Most purchasers know what you can afford. As a first- to make sure there are no surprises. If understand that there are closing costs, time homebuyer, your lender may ask buying resale, go through any available but underestimate the transaction you to pay toward your property taxes strata council documentation and amount. A good rule of thumb is to set every month. The other option is to ensure you hire a solid home inspector. aside three per cent of the purchase set money aside so you can make the Purchasing a home can be a very price for closing costs. payment when it is due in July. stressful yet exciting time in your life. Although you may need to make a Utilities and maintenance: There are Furnishing your home: Can you furnish quick decision on your offer on a home, a number of online calculators that the space? Will the furniture you have you should ensure that you’ve asked can help you calculate your estimated fit, or will you have to buy new items? yourself these questions ahead of time. monthly expenses. This exercise should It’s a great way to protect yourself from be completed before you begin looking Safety: Is the home equipped with an any surprises after you’ve committed to for a new home, so you know what to alarm system? What is the crime rate making a decision this big. Good luck! expect. in the neighbourhood? How are your neighbours? MAC Marketing Solutions and BLVD Property taxes: Property taxes are to Marketing Group are excited to announce that they are now operating under their new be paid by every homeowner. The taxes Disclosure statement: If buying new, brand – MLA Canada. Visit Mlacanada.com vary from city to city, so it’s important to read through the Disclosure Statement to stay up to date on real estate news.
46 YPNEXTHOME.CA Inspiration
Acrylic and chrome bar cart Stockholm sofa, $499 Röstånga white homesense.ca $999 ikea.ca
Shaping up to be one of the season’s hottest trends, white on white is clean and elegant. Interest WINTER comes from combining pattern, textiles, objects and texture. It’s whimsical, sophisticated, and fills WHITE the space with personality. By Elisa Krovblit
Memphis white rug White hashtag $399-$1,999 $5.50 crateandbarrel.ca chapters.indigo.ca
Klere bookcase $899 eq3.com MORE INSPIRATION ONLINE ypnexthome.ca/news/inspiration
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 47 58TH AVE
56TH AVE 10
King George Hwy
152ND ST 176TH ST 176TH
168TH ST ST 176TH 184TH ST
40TH AVE
SERPENTINE South SurreyFEN NATURE | White Rock RESERVE
1 99a 99 32ND AVE CRESCENT RD CRESCENT BEACH / 1 BLACKIE SPIT 9 6 4 26TH AVE
CRESCENT SUNNYSIDE 8 PARK ACRES URBAN 5 FOREST PARK 7 11 King George Hwy 3
24TH AVE 24TH AVE 164TH ST 24TH AVE
SOUTH SURREY ATHLETIC 8 20TH AVE PARK
168TH ST 176TH ST 176TH 176TH ST 176TH 184TH ST
128TH ST 16TH AVE 16TH AVE 140TH ST 16TH AVE 152ND ST
2 15
148TH ST
MA 160TH ST RIN 10TH AVE E D R 8TH AVE 8TH AVE 10 SOUTH SURREY / WHITE ROCK
NEW CONDOS: 4. GREENWAY AT 7. HUDSON CANADA SOUTHRIDGE CLUB 2427 164th St. 1. PRESCOTT COMMONS 15828 Mountainview Dr 604-542-7088 15168- 33rd Avenue 604-582-1113 UNITED604-541-8092 STATES OF AMERICA 8. WESTSIDE 5. SOHO 16422 26th Ave Grandview Heights 604-372-0383 778-945-2050 NEW HOMES: 6. PLATEAU AT 9. OLIVIA 1. DAWSON + SAWYER GRANDVIEW HEIGHTS Presentation Centre 2855 158th St Surrey OLD SCHOOL Preselling from 604 536 9333 15268 28 Ave 15879 29A Avenue, Surrey 604-560-6438 2. DAWSON'S CREEK 10. THE CROSSING 16321 15th Ave., Surrey 288 171 Street 3. HYCROFT 2 604-542-2883 16467 - 24th Ave. 604-541-2495 11. ZIRKON 2528 156th St 604-298-3000
48 YPNEXTHOME.CA SOMETIMES YOU CAN HWY #99
JUDGE A BOOK BY IT’S COVER. HWY #15
4 AVE 67 Spacious 2, 3, and 4 bedroom townhomes in South Surrey’s Douglas neighbourhood. Located on a tranquil country road and backing onto natural park land, The Crossing has been designed to be a respite from the busy world around it. With numerous walking trails nearby and safe residential CANADA 171 ST UNITED STATES streets, The Crossing harkens back to a time when kids played freely, and parents were free from worry. Presentation Centre OPEN 12 TO 5 PM DAILY (CLOSED FRIDAYS) 288 171 Street, Surrey gramercy.ca/thecrossing 604.542.2883
In our continuing effort to improve and maintain the high standard of The Crossing development, the developer reserves the right to modify or change specifications, features and prices without notice. Renderings are an artist’s conception and are intended as a general reference only. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd.
Client: Evolve Print Ad Date: 10/18/2016 REVISION / ISSUE DATE: New Home Guide - FP #199491r1 Description: Job No: 1 10170120 LC 6 133 LPI TrSz: 8x10” LvAr:7.25x9” Screen: Evolve_NHG-8x10 Size: 4CBld:8.5x10.5” 2 10180060 LC 7 File: Colour: 3 8 Proof 1 Proof 2 PMS: 4 9 Note 5 10
PLEASE check artwork/proofs carefully for errors and omissions. Fax: 604.876.1862 Copyright reserved. All design(s) show on this page are at all times remain the exclusive property of IRIX Design Group Inc. and may not be used or reproduced without consent. Approve. Approve with changes. Disapprove. Signed by: Resend Art Work
SOUTH SURREY/WHITE ROCK
Finely Appointed 3-Bedroom Townhomes
Settled on a quiet residential street in South Surrey, minutes from the heart of Grandview Heights, this collection of 30 finely-appointed townhomes offers an exquisite finishing package. With more than 2,000 square feet of living space, these homes were designed for entertaining, with grand-scale interiors, rich with modern elegance and contemporary fixtures. This unique and private community of well-designed homes provide an opportunity to live a lock-and-go lifestyle without giving up the luxury of a custom single-family home. Coming Soon Sign up for first in line access. EssenceLiving.com/Evolve
Proud to be Local Brought to you by Essence Properties, a family-run company with over a decade of history building quality homes in the Fraser Valley.
This is currently not an offering for sale. Such an offering can only be made by way of disclosure. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 53 116TH AVE
Surrey | Langley112ND AVE
GROSVENOR RD 108TH AVE
120TH ST A3 A1 A2 A4 A6 104TH AVE 104TH AVE A11 S Fraser Way GREEN TIMBERS URBAN FOREST TYNEHEAD REGIONAL PARK GOLDEN EARS 96TH AVE PARK 96TH AVE BRIDGE
Fraser Hwy 96TH AVE
216TH ST ST 216TH 216TH 88TH AVE 88TH AVE
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99a King George Blvd 1a 80TH AVE 80TH AVE A9 B1
SUNNYSIDE 144TH ST 152ND ST 160TH ST 232RD ST 240TH ST ACRES URBAN
200TH ST KING GEORGE HWY 208TH ST
168TH ST FOREST PARK 184TH ST 192ND ST 216TH ST 24TH AVE 112TH ST 120TH ST 128TH ST A8 B3 72ND AVE 72ND AVE B7 B4 A8 B9 10 99a B8
176TH ST 176TH
64TH AVE A11 64TH AVE WATERSHED GLOVER RD PARK 61A 60TH AVE LANGLEY 58TH AVE BYPASS 56TH AVE 56TH AVE Fraser Hwy
10 A10 B2 GRADE RD
48TH AVE SURREY SERPENTINE LANGLEY FEN NATURE RESERVE NEW CONDOS: A6. DAWSON + SAWYER NEW CONDOS: B5. EVERLY GREEN GUILDFORD THE GREAT II 8217–204B Street A1. UNIVERSITY DISTRICT 10463 158 St, Guildford Dr. B1. THE WEX 604-371-383240TH AVE 104th & University Dr 778-293-2222 20829 77A Ave
604-588-5795 99 604 513 8655 B6. GABRIOLA PARK A7. ASHBURY + OAK 20298 82nd Ave A2. HQ 8138 204th Street B2. BELMONT Surrey City Centre 604-539-6281 778-277-1611 B7. ZETTER PLACE porte.ca/hq 22084 Fraser Hwy. 8508 204th St. A8. SYNC 778-298-2252 A3. EVOLVE 14555 - 68th Ave 13328 104 Ave. 778-590-7283 NEW HOMES: B8. LATTICE AT 604 497 0102 MILNER HEIGHTS A9. SUMMIT B3. ARCHSTONE #1-7059 210 St. Panorama Heights #4 7672 209th Street 604-371-0928 NEW HOMES: 778-591-6685 604-888-9671 B9. CREST A4. DAWSON + SAWYER A10. WESTPOINTE B4. PRESTWICK AT 199938 70 Ave GUILDFORD THE GREAT Presentation Centre MILNER HEIGHTS essenceliving.com/crest 15340 Guildford Dr 604-833-9193 #1-7059 210 St. 778-293-2222 604-371-0928 A11. HARVEST AT BOSE FARMS A5. DAWSON + SAWYER 16488 64 Ave KINGS LANDING 604-576-7722 8130 - 136A Street A12. THE GUILDFORD 15351 101 Avenue www.theguildford.ca
54 YPNEXTHOME.CA
Property Profile | THE GUILDFORD
Location Surrey
The Guildford Builder Tangerine Developments Ltd. at Town Centre Home Type One- and two-bedroom The right place to call “home” condos plus 12 two-level townhomes by Susan M Boyce Contact theguildford.ca or GUILDFORD – it’s a community rich in package, and plenty of storage space. 778.394.8867 diversity and cultural expression. This is Be sure to pick up an extra barstool or a neighbourhood where everything you two as well, because you know you in this neighbourhood. Stay fit in any crave can be found minutes from your can expect your friends to come calling season at the Guildford Rec Centre that front door. It’s also where you’ll find The when you call The Guildford “home.” counts the city’s only indoor running Guildford at Town Centre, a five-storey track among its many enticements. Zip collection of 90 homes coming soon to Celebrate life down to the trails at Green Timbers 101st Avenue, between 152nd and 154th Get ready for an active, engaged lifestyle Urban Forest, or hop on your bike to get Streets in Surrey. at The Guildford. Shopaholics will find almost anywhere via Surrey’s extensive plenty to satisfy any craving at more than cycling network. Stand out from the crowd 200 stores in nearby Guildford Town The Guildford offers a selection of The Guildford’s dramatic white, grey Centre, or among the retail offerings one- and two-bedroom condominium and black facade is an eye-catching that line 152nd Street. Restaurants from homes plus 12 two-level townhomes. marriage of traditional and contemporary casual breakfast to candle-light dining Prices are anticipated to start in the high elements, designed to complement the offer a culinary extravaganza sure to $200,000s. surrounding, mature neighbourhood keep your taste buds excited, or check while still making a bold statement of out the many international marketplaces If this community excites you, register individuality. It’s a home to be proud of. including T&T Market when you want to today to receive more information Kitchens are the heart of these homes get cooking at home. by visiting theguildford.ca or call with spacious islands, a sizzling appliance Recreation opportunities, too, abound 778.394.8867.
56 YPNEXTHOME.CA PING OP H S
TIAL EN S S S
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FOOD FU guildford’s got IT. N
HOMES @ TOWN CENTRE
1, 2, + 3 BEDROOM HOMES COMING EARLY 2017 | REGISTER TODAY THEGUILDFORD.CA
In our continuing effort to improve and maintain the high standard of The Guildford, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. Door swings are approximate and may change. As reverse and/or mirrored plans occur throughout the development, please see architectural plans for exact details if this is material to your decision to purchase. Renderings are an artist’s conception and are intended as a general reference only. Please refer to disclosure statement for specific offering details. E.&O.E. 64 AVE 142 ST 138 ST 140 ST 61 AVE
60A AVE 60 AVE SURREY/LANGLEY
New Year Bonus On Now For A Limited Time!
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 59 Property Profile | THE BELMONT
The Belmont at Heritage
Made in Murrayville by Susan M Boyce
IT’S BEEN WINNING hearts and turning popular — the two-bedroom-and-den heads from day one. And it’s no wonder. E1 plan. Location Murrayville, Langley Located in the heart of Murrayville — “How often do you find a condo with still one of my favourite Fraser Valley a Great Room that’s 21 ft. wide?” he asks. Builder neighbourhoods — The Belmont at “And that centre island is 10 ft. long — Infinity Properties Heritage builds on the success of the perfect for anyone who loves cooking Development award-winning Heritage townhome and entertaining. Plus, you’ve still got The Belmont community built right next door, and room for a formal dining table that will offers a rare opportunity to purchase an comfortably seat eight to ten people.” Home Type Condominiums executive condo residence that lives like a Personally, I confess I instantly fell single-family home. in love with this plan’s enormous Sales Centre balcony — 21 ft. wide by 10 ft. deep, 22084 Fraser Highway Space for your life Trent tells me. With a natural gas outlet Contact “So many people who raised their for a barbecue or heater, this is where madeinmurrayville.ca or families here in Murrayville have told us you’d find me savouring the sunsets and 778.277.1611 they want to stay in the neighbourhood, dining alfresco in all four seasons. And but they want more space than a typical here’s another unexpected bonus — a condo,” says Brandon Trent, senior true laundry room with side-by-side project manager with Fifth Avenue Real washer/dryer and more storage space. lunch at Porters Bistro or a decadently Estate Marketing. “We’ve responded with Clearly, Infinity Properties has thought of tasty, home-baked confection from larger-than-average floor plans — one everything. Tracycakes — two of Murrayville’s most with over 1,500 sq. ft. of flexible, efficient The Belmont Home Store and model treasured eateries. space — [resulting in] homes that live like home are now open from noon to 5 a single-family residence but offer the p.m. daily except Fridays, at 22084 Fraser For more information, visit convenience of lock’n’go living.” Highway in Langley. When you visit, be madeinmurrayville.ca or call Trent points to one of Belmont’s most sure to allow time to have coffee and 778.277.1611.
60 YPNEXTHOME.CA UNIT E1 2 Bedroom, 2 Bath x,xxx sf BELMONT OCTOBER 26, 2016
C4 C2 C2 E2 B1 E1 C3
C6 C2 C1 E1 A1 E1 C4
LEVEL 2 - 3
C5 C2 C2 B2 B1 E1 C3
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55 LEVEL 1 What’s Online Trending now The latest real estate news from across Canada
Fitness focus in your condo gym
WATCH THE VIDEO ONLINE nexthome.yp.ca/get_fit Does your Chinese zodiac sign match your home?
TAKE THE QUIZ ONLINE nexthome.yp.ca/Chinese_zodiac
Top 5 celebrity home sales of 2016
READ THE STORY ONLINE nexthome.yp.ca/2016_celeb_homes
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Visit our website:
62 YPNEXTHOME.CA TRANS -CANAD A HWY
80 AVE 200 ST 208 ST 72 AVE
68 AVE 210 ST 64 AVE Client: CREST Date: 10/07/2016 REVISION / ISSUE DATE: CREST PRINT - NHG #199431 Description: 133LPI Job No: 1 1004090 LC 6 Crest-NHG-8x10 TR:8x10 LA:7.25x9 1005060 LC Screen: Size: 4C 2 1006030 7 LC File: Colour: 3 1007010 8 LC Proof 1 Proof 2 PMS: 4 9 Note 5 10
PLEASE check artwork/proofs carefully for errors and omissions. Fax: 604.876.1862 Copyright reserved. All design(s) show on this page are at all times remain the exclusive property of IRIX Design Group Inc. and may not be used or reproduced without consent. Approve. Approve with changes. Disapprove. Signed by: Resend Art Work
V2
Single-family sized hillside townhomes
Crest, located in the heart of Langley is a collection of 16 well- appointed 4-bedroom townhomes. Fully loaded with top of the line features every home comes with large designer kitchens, KitchenAid appliances, quartz counters and natural gas features including high efficiency furnace, condensing water heater, range and barbecue outlet.
NOW PREVIEWING 72 Ave BY APPOINTMENT 70 Ave
Act now to be one of 16 register with 201 St 200 St EssenceLiving.com/Crest 68 Ave 19938 70 Ave., Langley
Proud to be Local Brought to you by Essence Properties, a family-run company with over a decade of history building quality homes in the Fraser Valley.
*Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. Renderings are an artists conception and intended as general reference only. E.&O.E.
Trending
GOING FOR GOLD Honouring the best of BC’s residential building industry
by Susan M Boyce
DIVERSE, INNOVATIVE AND RESPECTED around the world, there’s no question that BC’s residential construction industry has what it takes to stand out on the global stage. As a province, it’s known for innovation and commitment to sustainable, intelligent development. So it’s no wonder BC has a robust awards scene to honour the crème de la crème of builders, renovators and marketers who continue to raise the bar on building excellence. Here’s an overview of the notable awards throughout the province.
OVATION AWARDS Tuscan Reflections by Jaheny Custom Homes wowed the 2016 Georgie judges with its Who: Greater Vancouver Home Builders’ lavish outdoor amenities that includes a two-acre trout pond and outdoor dining room Association (GVHBA) with pizza oven Where: ovationawards.ca Inside scoop: Celebrating its eighth year these awards are presented. The the City will get the word out more anniversary in 2017, the Ovations have website is a bit difficult to navigate, and in 2018 when the second awards are grown steadily year over year and now although at press time the gala was scheduled. have more than 40 categories including less than a month away, no finalists highrise, lowrise, rowhomes, heritage had been announced. Presumably VIBE AWARDS renovations and accessible renovations. these are just growing pains, though, Who: Canadian Home Builders’ GVHBA has also taken a number of and everything will simply get better Association – Vancouver Island bold, innovative steps including a for 2018. Where: vibeawards.ca specific category for in-fill multi-family Inside scoop: Rapidly taking Vancouver projects, another for building science, VANCOUVER URBAN Island by storm, 2017 marks the third and one honouring excellence in the DESIGN AWARDS year for the Vancouver Island Building growing market for small-scale homes Who: City of Vancouver Excellence awards. Held in Nanaimo, like laneway housing — all showcasing Where: Vancouver.ca/design-awards this competition is rapidly becoming creativity in a highly demanding Inside scoop: Launched in 2016, the the Island’s premier housing event. marketplace. inaugural competition honoured 13 examples of architectural excellence CARE AWARDS FRASER VALLEY HOUSING and vision that highlight why Who: Victoria Residential Builders’ AWARDS OF EXCELLENCE Vancouver is a city others look to for Association Who: Canadian Home Builders’ inspiration. It was a quiet celebration Where: careawards.ca Association – Fraser Valley with virtually no advance publicity or Inside scoop: Originally a chapter Where: chbafv.com media coverage — which was a shame of CHBA, this association is now Inside scoop: Aimed specifically at because the sheer beauty, innovation, independent, allowing the CARE the Fraser Valley subset of the Metro and outside-the-box design of these Awards to now focus exclusively on the Vancouver market, 2017 will be the first entries were outstanding. Hopefully talent found in Greater Victoria.
66 YPNEXTHOME.CA After a strong showing at the 2016 Georgie Awards, Royce by White Rock-based Forge Properties was named best Multi-Family Low to Mid Rise at the CHBA National Awards for Housing Excellence
years, this prestigious, province-wide competition has two unique features: finalists are not announced ahead of time and, whenever possible, judges actually visit shortlisted projects to see them for themselves. There’s a strong emphasis on sustainable, pedestrian- friendly design that integrates public spaces, community amenities and transportation alternatives to reduce private vehicle use.
CHBA NATIONAL AWARDS FOR HOUSING EXCELLENCE Who: Canadian Home Builders’ Association Where: chba.ca Inside scoop: New name, same high standards of excellence. Originally known as the SAM Awards that were established 38 years ago, these awards are a highlight of CHBA’s annual national conference and members responded enthusiastically to the new 2016 program with a record Located in the heart of Murrayville, Heritage Innovative movable screens that created number of nearly 700 entries. Often by first-time entrant Infinity Properties took a dynamic, ever-changing façade helped considered somewhat a west-versus- top honours for Best of the Fraser Valley at 999 Seymour by Townline get gold in the east competition, the 2016 Multi- the 2016 UDI Awards inaugural Vancouver Urban Design Awards Family Low to Mid Rise category was noteworthy in that all five finalists were TOMMIE AWARDS GEORGIE AWARDS from Metro Vancouver. Who: Canadian Home Builders’ Who: Canadian Home Builders’ Association – Central Okanagan Association – BC REAL ESTATE FOUNDATION Where: chbaokanagan.ca Where: georgieawards.ca LAND AWARDS Inside scoop: With more than two Inside scoop: One of the oldest Who: Real Estate Foundation decades of history, the Tommies take housing competitions, a record- Where: refbc.com place in Kelowna and draw entries breaking 700+ people were on hand Inside scoop: With only four categories from throughout the Okanagan. Savvy, at the Hyatt Regency to applaud — private, public, non-profit and Land sophisticated, and innovative, many last year’s 49 Gold Georgie award Champion — the Land Awards are of the winners have gone on to strike winners. The Georgies attract entries arguably the most diverse and difficult gold at the Georgies. from around the province, many of to judge. A fundraiser for non-profit them companies who were previously organizations that enable positive KEYSTONE AWARDS honoured at a local level. change and innovative, sustainable Who: Canadian Home Builders’ land use in BC communities, the Association – Central Interior UDI AWARDS FOR EXCELLENCE focus is on leadership, innovation and Where: chbaci.ca Who: Urban Development Institute collaboration. It’s a night that honours Inside scoop: Kamloops is home base Where: udi.bc.ca integrity — doing what’s right, but not for these awards that turn 12 in 2017. Inside scoop: Held once every two necessarily easy.
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 67 NATURAL LIVING ON YORKSON PARK
Spacious move-in ready townhomes now available!
A collection of 3 and 4 bedroom BC cottage style townhomes on Yorkson Park by local award winning developer, Royale Properties. Presentation Centre 1,400 to 2,200 Sq. Ft. of living from just $469,900* Open Daily 12 to 5pm (closed Fridays) Visit our 2 designer display homes today. 20298 - 82nd Ave gabriolapark.com Langley
*Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. Renderings are an artists conception and intended as general reference only. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca
Canadian Vancouver | Toronto | Ottawa | Calgary | Edmonton PROPERTYCanadian PROPERTYINVESTOR Vancouver | Toronto | Ottawa | Calgary | Edmonton INVESTORON STANDS NOW! ON STANDS NOW!
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designedAvailable at these locations: for the savvy investor PICK UP A • YP NextHome • Airport lounges • Newspaper street boxes • Transportation hubs insertions COPY TODAY! Available at these locations: • Street retail racks • Select hotels • Direct mail PICK UP A • YP NextHome • Airport lounges • Newspaper COPY TODAY! street boxes • Transportation hubs insertions • Street retail racks • Select hotels • Direct mail
Read the digital issue on
Read the digital issue on yorkson yorkson 3 &4 BEDROOM DELUXE TOWNHOMES
NOW SELLING Don’t miss this opportunity to own a new home in the highly sought-after Yorkson Neighbourhood. Shops at Willoughby Town Centre and Richard Bulpitt Elementary for growing families. YOU GET REGISTER TODAY • 3 or 4 Bedroom Deluxe Townhome ranging in size from 1,497 to 1,810sq ft. • Oversized side-by-side garages for big trucks archstone.ca or extra storage Contact us 604-888-9671 • Move in ready homes • Walk-out rear yards (select homes) • Modern exteriors with hardi-panel siding • Gas cook top and oven with hoodfan • Custom wine rack built into cabinetry • Built-in coee system with coee, espresso or cappuccino options • Double sink in all ensuites • In floor heating in all bathrooms
PLUS SO MUCH MORE. 4-7665 209TH Street, Langley, BC
In our continuing eort to improve and maintain the high standard of Archstone Yorkson, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Materials may be substituted with equivalent or better at the developer’s sole discretion. All dimensions and sizes are approximate and are based on Architectural measurements. Door swings are appoximate and may change. As reverse and/or mirrored plans occur throughout the development, please see architectural plans for exact details if this is material to your decision to purchase. Renderings are an artist’s conception and are intended as a general reference only. Please refer to disclosure statement for specific oering details. E.&O.E. PLATEA
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NEW CONDOS: NEW HOMES: 1. FALCON HOUSE 2. RUXTON VILLAGE Presentation Center Burnett Street & Haney Bypass 12011 224th Street 604-380-0300 604-477-1500
SEARCH ONLINE ypnexthome.ca
72 YPNEXTHOME.CA OVER 65% SOLD
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PRESENTATION CENTRE DEWDNEY TRUNK RD
DOWNTOWN MAPLE RIDGE LOUGHEED HIGHWAY 7 Hot Properties
LATEST LISTINGS: Find your next home! These pages feature a few of the latest condo, townhome and single-family properties to keep your eye on in the Metro Vancouver area. Find more homes at ypnexthome.ca by Susan M Boyce
THE SMITHE
The Smithe brings new urban sophistication and convenience to life in Vancouver’s Arts and Events neighbourhood
and 26 storeys). Trend-setting amenities plus a Club West, Westerleigh’s residents-only clubhouse commercial podium comprised of retail and office featuring outdoor pool, hot tub, cinema, and gym. previews and spaces. Register now. registration BRISTOL HEIGHTS Home type: Townhomes new releases and Developer: Polygon grand openings SUN TOWERS On the Street: Westridge Place, Abbotsford Home type: Highrise On the Web: polyhomes.com Developer: Belford Properties Contact: 604.871.4241 On the Street: Silver Avenue and Beresford Street, Info: Newest collection of townhomes within the THE SMITHE Burnaby master-planned community of Westerleigh. These Home type: Highrise On the Web: SunTowersMetrotown.com family-oriented, two- and three-bedroom homes Developer: Boffo Developments Info: Great location directly across the street are thoughtfully designed with gourmet kitchens, Presentation Centre: 1035 Seymour St., Vancouver from Metrotown Mall and the newly renovated spa-inspired bathrooms, and stylish laminate On the Web: TheSmithe.ca Metrotown SkyTrain station. A total of 479 richly hardwood flooring — functional residences that Contact: 604.689.7003 appointed one-, two- and three-bedroom don’t compromise beauty. Step outside your door Info: Honed natural stone flooring, SubZero and homes will be offered in two towers, (41 storeys to run, walk or cycle the Discovery Trail or enjoy Wolf appliances including an integrated wine
74 YPNEXTHOME.CA THE PEAK AT MULGRAVE PARK SUN TOWER
Final offering of condominium residences at Mulgrave Park is anticipated this spring
BRISTOL HEIGHTS
The Sun Tower community is coming soon the Metrotown
Contact: 604.498.4444 Info: The second of three, six-storey buildings in the HQ community is about to begin sales. Features include a central courtyard and clubhouse with gym, lounge, party room, outdoor wet bar, and barbecue terrace. Steps to parks, SkyTrain and Surrey City Centre. Register now for more information as it becomes available.
QUEENS PARK ESTATE Home type: Townhomes Developer: Gord Dhillon and Associates Starting price: $560,900 On the Street: 1110 Ewen Ave., New Westminster Bristol Heights is the newest addition to Polygon’s master-planned community On the Web: queensparkestate.com of Westerleigh Contact: 604.274.3829 Info: Nine-ft. ceilings, family-friendly kitchens, fridge, and imported custom Italian cabinetry are dazzling Mulgrave Park community from West wide plank laminate flooring and double garages just a few of the exquisite features that define the Vancouver-based British Pacific Properties is are just some of the features that make these new level of luxury this residence will introduce now selling fee simple, duplex-style homes 32 townhomes a winner in the Queensborough to Vancouver’s Arts and Events neighbourhood. as well as executive condominium residences neighbourhood. Trendy outlet-style shopping at Experience the lifestyle for yourself at the (some penthouse homes still available). The Queensborough Landing is a mere 10-minute walk spectacular 6,000-sq.-ft. sales gallery with final collection of 39 homes in an eight-storey away, as are local cafés and conveniences. 1,400-sq.-ft. display home that’s now open by tower that’s unofficially named The Courtney appointment. is anticipated to begin sales this spring. Register today at either website to receive more information as it’s released. THE PEAK AT MULGRAVE PARK Home type: Midrise Developer: British Pacific Properties DOMAIN On the Street: 2989 Cypress Bowl Lane, West Home type: Lowrise Tell Us Your News: Got a new Vancouver Developer: Porte Homes development you’d like us to showcase? Drop On the Web: thepeakatmulgravepark.com or Starting Price: $204,900 me a note at [email protected], mulgravepark.com On the Street: 140th Street and 105th Avenue, and we’ll do our best to get you in the next Contact: 604.925.8002 Surrey edition. Info: Located in a private, 10-acre enclave, the On the Web: porte.ca/hq
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 75 Abbotsford | Chilliwack
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76 YPNEXTHOME.CA
CONNECT WITH EVERYTHING YOU LOVE.
RIVERSIDE LIVING IN THE HEART OF THE FRASER VALLEY
Family. Nature. Community. Heritage. Everything you value is everything we’ve incorporated into this intimate, pedestrian-oriented neighbourhood. Situated on over 43 acres beside the Vedder River in Chilliwack, River’s Edge naturally blends a country lifestyle with urban amenities. Close to schools, shopping, and recreational facilities, there’s a central pathway connecting to water, allowing you to enjoy natural, unspoiled beauty just steps from your front door. River’s Edge. See it soon. Shaped by people. Connected by nature.
NOW SELLING LiveRiversEdge.ca 1.604.824.5062
H W Y 1
KEITH WILSON RD 40 MIN FROM METRO VAN PEACH RD DYKE RD HWY 1 EXIT NO. 3 RD TYSON PITT MEADOWS/MAPLE RIDGE
REFINED PARKSIDE LIVING 1 to 4 Bedroom Residences Arriving Early 2017
Mill District enjoys a premier parkside location in Abbotsford’s Mill Lake neighbourhood. Peaceful and connected, nature is at your doorstep with urban conveniences just steps away. Intelligently designed and impeccably crafted, Mill District brings a new level of sophistication to everyday living.
REGISTER TODAY MillDistrict.ca | 604.621.5888
PRESENTATION CENTRE – COMING SOON Unit 2 - 33323 South Fraser Way, Abbotsford BC
This is not an offering for sale. Any such offerings may only be made with a Disclosure Statement. E.&O.E.
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 79 BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS
PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE
ABBOTSFORD The Ridge at Burke Mountain Phase 2 SF foxridgehomes.ca Coming Soon Allwood Place TH 604-260-6797 Call DELTA Cedar Landing TH 604-850-5040 From 274,900 inc net GST Eagle Estates SF 604-859-3141 From $599,900 Delta Rise HR 604-594-7473 Call Eagles Gate SF 604-309-7729 From $373,500 Fairwinds TH 604-946-8812 From $599,900 Falcon Ridge SF 604-309-0540 From $789,000 Muse LR liveatmuse.com From $199,900 Foxwood SF 604-850-5040 From $524,900 South Pointe SF 604-584-2908 From $699,900 Mahogany at Mill Lake HR 778-255-9990 Call Sunstone TH sunstonevillage.ca Call Mill District MR 604-621-5888 Coming Soon Mount Waddington TH 604-618-1555 Call TSAWWASSEN Straiton Estates SF 604-850-5040 Call Brio LR 604-943-8811 Call BURNABY Harbour Walk LR 604-274-7326 Arcola TH 604-671-8805 Coming Soon Pelican Cove TH/DU 604-943-6677 From $589,900 Churchill TH 604-363-2627 Coming Soon Tsawwassen Heights SF 604-271-7288 Call The City of Lougheed HR 604-328-7128 Call Tsawwassen Shores SF 604-943-6677 From $499,900 Concord Brentwood HR 604-435-1383 From $299,900 The Dawson HR dawsonbyamacon.com Coming Soon Tsawwassen Springs SF/LR 604-948-HOME Call Fulton House HR 604-299-8573 From $419,900 LANGLEY Gold House HR goldhouseliving.com Coming Soon Archstone Yorkson TH 604-888-9671 Call Imperial HR imperialbyamacon.com Now Selling Ivory Mews TH 604-528-6935 From $289,900 Argyle TH liveatargyle.com Coming Soon Kings Crossing HR cressey.com/kingscrossingbycressey Coming Soon Ashbury + Oak TH 604-539-6281 From $499,900 Lougheed Heights HR 604-939-2677 Call Crest TH 604-318-5167 Call Lumina HR luminabrentwood.com Coming Soon The Belmont at Heritage LR 778-277-1611 Call Milano HR 604-294-8989 From $298,900 Everly Green TH 604-371-3832 Call Novella MR 604-536-5777 Call Gabriola Park TH 604-371- 1892 Call OakTerra LR 604-431-6033 Call Pacifico TH 604 294 3802 Call Grace MR Coming soon Paddington Mews TH 604-438-9922 From $334,900 Hutton TH huttontownhomes.ca Coming Soon Pixel LR pixelburnaby.com From $399,900 Lattice at Milner Heights TH 604-371-0928 Call Savile Row TH 604-833-1606 Call Prestwick at Milner Heights TH 604-371-0928 Call Solo District HR solodistrict.com Coming Soon Walden TH 604-561-0889 Coming Soon Station Square HR 604-438-1113 Call The Peak HR 604-559-5795 Call The Wex MR 604-513-8655 Coming Soon Trio LR 604-218-3338 From $249,900 Willoughby West SF 604-371-0733 Call Triomphe HR 604-828-1373 Coming Soon Willow TH Coming soon Veritas LR 604-298-9965 From $389,900 Zetter Place TH 778-298-2252 Call Verdi on the Heights MR 604-563-3020 Call MAPLE RIDGE COQUITLAM 1123 Westwood HR 604-472-1123 Call The 222 LR 604-767-5913 From $184,900 Amberleigh SF 604-514-4359 Coming Soon Edge on Edge 2 LR 604-466-8783 Call Brookmere HR 604-259-5991 Now Previewing Falcon House LR 604-477-1500 Call Charland LR 604-492-3388 Call Kanaka Hill TH Coming soon Dwell24 TH 604-620-6616 From $759,900 Magnolia Grove TH 604-534-1234 Call Foster Ave Rowhomes TH intracorp.ca Coming Soon Maple Ridge - Kingston SF 604-514-4359 Coming Soon Lougheed HR 604-939-2677 Call Willow TH lifeatwillow.com Call Mont Bleu HR montbleu.ca Coming soon Ridgemont TH 604-476-1777 Coming Soon Nelson on Foster LR 604-998-8998 Call Ruxton Village TH 604-380-0300 Call Novella MR 604-563-5777 Call Station One LR 778-878-1347 From $164,900 Parker House LR 604-945-8741 From $429,900 Stanton House 604-871-2439 Coming Soon MISSION / HARRISON Sterling SF 604-464-2260 From $689,900 Horizons TH 1-888-826-1177 From $319,800
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
BRINGING PEOPLE HOME
CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER
NEW HOME SALES AND FIFTHAVE.CA MARKETING EXPERTISE
80 YPNEXTHOME.CA The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email [email protected]
PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE
NEW WESTMINSTER Park Residences at Minoru HR 604-303-8878 Call Brewery District – The Columbia HR 604-525-3941 From $289,900 Pier, The LR 604-274-7326 Call Elliot HR 604-662-8009 Call Pinnacle Living at Capstan HR/MR/TH 604-303-0148 Call Lotus LR 604-782-1706 Coming Soon Pinnacle Living Sorrento MR/HR 604-303-0148 Call Parkside at Victoria Hill HR 604-523-0733 Call Quintet HR 604-303-8878 Call The Peninsula MR 604-544-2258 Call Riga TH 604-715-1250 Call The Royal at Victoria Hill LR 604-523-0733 Coming Soon Thompson Landing SF 604-520-3226 From $476,900 Riva MR 604-278-8825 Call River Green MR 604-233-2633 Call NORTH VANCOUVER River Park Place MR 604-356-7719 Call Atrium at the Pier MR/TH 604-983-9065 From $379,900 River Inlet MR/TH 604-233-2633 Call CentreView HR 604-998-8540 Call Vogue TH 604-715-1250 Call Connaught Edgemont Village LR/TH 604-699-0036 Call Westminster Terrace TH 604-204-1077 Call Grosvenor Ambleside HR 604-922-1380 Call Juniper at Timber Court LR 604-988-3617 Coming Soon SQUAMISH / WHISTLER Kindred MR kindredmoodyvill.ca Coming Soon Breeze TH 604-313-4228 Call Latitudes TH 604-435-9477 From $469,900 Elaho TH 604-898-2232 Coming Soon Maplewood North LR 604-727-1594 From $378,900 Ocean Crest SF 604-896-2235 From $1,298,000 Northlands LR/TH 604-800-2120 Call ParkHouse LR 604-567-5433 From $167,900 Pinnacle Residences at the Pier MR 604-983-9065 Call Ravens Plateau SF 1-888-852-7575 Call Promenade at the Quay HR 604-986-8862 From $698,000 Ravenswood SF 604-670-7862 From $800,000 Tatlow LR Coming Soon Trophy at the Pier MR 604-983-9065 Call Seven Peaks TH 604-871-4191 Coming Soon Seymour Village TH 604-924-0818 From $699,900 Summits View TH 604-892-5888 From $559,900 x61 LR/TH 604 971 3181 Call Aqua TH/LR 1-877-344-5566 From $239,000 University Heights LR 1-888-852-7575 Call PITT MEADOWS Orion LR www.orionliving.ca Coming Soon SUNSHINE COAST PORT COQUITLAM SECHELT Fremont Indigo TH 604-552-0319 Call Edgewater at Porpoise Bay TH 604- 885-8556 From $309,900 Parc East LR 604-472-9499 Call SilverStone Heights SF 604-741-1877 From $479,900 Salisbury Lane TH 604-475-1172 Call SURREY PORT MOODY 3 Civic Plaza HR 604-951-3331 Call Station, The TH 604-492-3338 Call Esplanade at Waterstone LR 604-530-5399 From $219,900 RICHMOND Evolve HR 604-497-0102 Call Alfa HR 604-276-2532 Call Greenwood Townhomes TH 604-621-3331 Coming Soon Calla at the Gardens MR 604-271-3331 From $300,000s Guildford The Great TH 778-293-2222 Call Concord Gardens HR 604-233-7748 From $300,000’s The Guildford LR theguildford.ca Coming Soon Dahlia at The Gardens MR 604-271-3331 Coming Soon Harvest at Bose Farms TH 604-576-7722 Call Elle HR 604-273-1313 From low $300’s Empire Living TH 604-244-9622 Call Heights TH 604-618-6175 From $339,900 Grand, The HR 604 278 3880 Call Highcrest TH 604-584-7273 From $345,900 Jasmine at The Gardens TH 604-271-3331 Coming Soon HQ LR porte.ca/HQ Coming Soon Kenstone Gate TH 604-218-3338 From $529,900 The Links Residences TH infinityproperties.ca Coming Soon Kingsley Estates TH 604-821-1384 Call Panorama 62 TH 778-885-6700 Call Kingston Gate TH 604-760-6024 Call Park Avenue West HR 604-583-9866 From $250’s Livia TH 604-364-2159 Call Park Place Village TH 604-617-7763 From $359,000 Mandarin Walk LR/TH 604-278-0808 Call Prime on Plaza HR 604-498-3888 Call Monet HR 604-233-7748 From $300,000’s Opal at Richmond Centre HR 604-303-7575 From $464,900 Sync TH 778-590-7283 Call Ora HR 604-278-8838 Call Summit TH 778-591-6685 From mid $600’s 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 2015-01-16 11:37 AM Orchid by Beedie HR [email protected] Coming Soon University District HR 604-588-5795 From $233,900 Parc Riviera MR 604-231-5900 From Low $200’s Westpointe TH 604-833-9193 Call
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
JAN 20 - FEB 3, 2017 | NEW HOME & CONDO GUIDE 81 PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE
VANCOUVER & AREA Livingstone House LR 604-998-8988 From $639,900 DOWNTOWN MC2 HR 604-638-9998 Call 1335 Howe HR Onni.com Coming Soon McKinnon by Cressey LR/TH 604-428-8858 From $2.2 Million 188 Keefer LR 604-620-2018 Call Monarch MR 604-568-6883 From $444,900 Addition HR 604-620-6692 Call Oak + Park TH 604-558-5851 Call Avenue One HR avenueone.ca Coming Soon One, The HR 604-874-8368 Call Burrard Place HR burrardplace.ca Coming Soon Parc 26 MR/TH 604 336 6380 Call The Charleson HR 604-689-8535 Call Parc Elise MR/TH 604-336-6380 Call Eventide LR 604-783-1044 Call 35 Park West LR 604-563-8336 Call Fairmont Pacific Rim Estates HR 604-781-4303 Call Pinnacle Living at False Creek MR 604-874-8368 Call Oak Flats LR bold.ca Coming Soon Pinnacle Living Broadway MR 604-739-2080 Call Private Residences at Hotel Georgia, The HR 604-682-8107 Call Tate Downtown HR 604-568-8283 Starting at $399,900 Primrose TH PrimroseVancouver.com Coming Soon Trump International Hotel and Tower® Vancouver HR 604-568-7888 Call Prodigy MR 604-221-8878 From high $300s Vancouver House HR 604-893-8958 Call Q16 TH 604-263-8090 Call Shaughnessy Residences TH 604-558-5848 Call EAST SIDE Sterling LR 604-428-8858 Call Avalon Mews TH 604-438-5050 Call Sota HR 604-671-1025 From 2.5 million Belpark TH 604-891-1281 Call The Kirkland TH 604-808-0886 Call Brownstones TH 604-464-4764 From $869,900 The Leveson TH 604-88-3012 Call Focal LR 604-563-6777 Coming Soon The Spot MR 604-568-6886 From $269,900 Francis TH 604-330-8848 Call The Ivy LR 604-566-5888 Call Gem, The LR liveatthegem.com Coming Soon The Creek/Navio HR 604-681-8282 Call Grandview Cascades TH grandviewcascades.com Coming Soon The Grey MR thegreyliving.com Coming Soon Kensington Gardens LR 604-620-7886 Call The Regent TH 604-273-1313 Call Paragon LR 604-688-5566 Coming Soon Tisdale TH 778-846-5990 Call Renfrew & 2nd LR 604-830-3938 From $259,900 Tudor House TH 778-939-9280 Register now River District - Avalon Park HR/MR/CH 604-879-8830 Call W10th & Maple MR/TH 604-739-2080 Call R+R LR 604-434-2205 $534,900 Skyway HR 604-436-1100 Call Strathcona Gardens TH 604-328-9940 Call WEST VANCOUVER Triumph TH 604-563-6200 Call Evelyn MR 604-922-0330 Call View338 LR 604-303-8838 From $219,900 Galleries on the Bay LR 604-836-7355 From $490,000 Woodshire TH 604-719-1700 From $420,900 Kerrisdale by Cressey LR cressey.com Coming Soon VICTORIA WEST SIDE Black & White MR/PH 778-265-3464 From $324,900 7302-7358 Granville TH 604-891-1288 Call 1555 West Eighth LR/MR 604-828-3998 Call WHITE ROCK / SOUTH SURREY 41West MR 604-563-8336 Call Blu TH 604-691-5160 From $679,000 Inc. GST 6th & Yukon LR cressey.ca Coming Soon The Crossings TH 604-542-2883 Call 8X On The Park HR 604-801-6861 Call Dawson Creek TH dawsonsawyer.ca Coming Soon 99 West MR 604-620-8600 From $528,800 Edgewood Gate SF foxridgehomes.ca Coming 2017 W10th & Maple MR/TH 604-239-2080 From $429,900 Evolve at the Hamptons TH EssenceLiving.com/Evolve Coming Soon Aperture LR/TH 604-345-9000 Call Grandview Heights TH discovergrandviewheights.com Arbutus Ridge MR 604-738-0001 Call Hudson TH 604-542-7088 Call Aston TH 604-418-6809 Call Hycroft 2 TH 605-541-2495 Call Boulevard MR 604-685-5778 From $367,400 Kichener RH 604-538-8895 Call Cambie Star MR 604-876-9222 Call Old School TH www.dawsonsawyer.ca Call Cambridge Mews TH 604-808-3058 Call Olivia TH 604-536-9333 Call Canvas MR 604-875-8508 Call Pacific Heights SF foxridgehomes.ca Coming Soon Cardero HR 604-568-5888 Call Plateau at Grandview Heights SF 604-560-6438 Call Citti MR 604-880-6880 Call Edward LR 604-325-2216 Call Prescott Commons TH 604-541-8092 From $299,900 Epic at West HR 604-707-9378 Call SoHo TH zenterra.ca/soho Coming Soon Eton LR/HR 604-221-8598 From $888,000 South on 16th TH 604-720-7478 From $609,900 Granville at 70th HR 604-687-2298 Call South Ridge Club TH 604-582-1113 From $420’s Hawthorne TH 604-558-1907 Coming Soon Westpointe SF 604-833-9193 Call Henry TH/MR 604-715-6060 Coming Soon Westside at Orchard Grove SF 604-372-0383 Call Kerrisdale Gardens MR 604-559-9848 From $540,900 Zirkon TH 604-298-3000 Call
Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
82 YPNEXTHOME.CA start your search here. Whether you’re renting or buying, fi nding your next home has never been so easy. 2 DESIGNER SHOWHOMES - NOW OPEN 2 DESIGNER SHOWHOMES - NOW OPEN
relaxing after a long day at the office to a whole new level. Before I leave, we take a quick tour of the second showhome where I notice a few of Summit’s standard features that I missed in my haste to get to the rooftop deck: side-by-side garage, main floor powder room, air conditioning on the main living level and master bedroom, luxurious Carrera- inspired tile in the ensuite, as well as pre-wiring for audio and security camera on the rooftop patio. Kitchens also include walk- in pantries, centre islands with magazine rack on one end, and even a built-in wine fridge. So be honest, when did you see a townhome with a wine fridge as a standard? Just my kind of culinary and social hub.
AWARD WINNING BY DESIGN “Last year, Hayer Builders Group was awarded a Canadian Home Builders’ Association (CHBA) National Award of Excellence in the attached home category for Exchange in Langley,” Brandon says as he walks me to my car. “At Summit, they’ve taken all that knowledge plus feedback from their buyers, then kicked the quality and design up another notch.”
Location Surrey
Builder/Developer Hayer Builders Group
Development Summit Presentation Centre Home Type and Two Display Homes Townhomes Open noon to 5 pm 64 AVE 142 ST Sales Centre Except Friday 138 ST 14058 – 61st Avenue, Surrey 14058 – 61st Ave, Surrey Contact 140 ST hayerlifestyle.com or hayerlifestyle.com 61 AVE 778.591.6685 60A AVE 778.591.6685 60 AVE 2 DESIGNER SHOWHOMES - NOW OPEN 2 DESIGNER SHOWHOMES - NOW OPEN
relaxing after a long day at the office to a whole new level. Before I leave, we take a quick tour of the second showhome where I notice a few of Summit’s standard features that I missed in my haste to get to the rooftop deck: side-by-side garage, main floor powder room, air conditioning on the main living level and master bedroom, luxurious Carrera- inspired tile in the ensuite, as well as pre-wiring for audio and security camera on the rooftop patio. Kitchens also include walk- in pantries, centre islands with magazine rack on one end, and even a built-in wine fridge. So be honest, when did you see a townhome with a wine fridge as a standard? Just my kind of culinary and social hub.
AWARD WINNING BY DESIGN “Last year, Hayer Builders Group was awarded a Canadian Home Builders’ Association (CHBA) National Award of Excellence in the attached home category for Exchange in Langley,” Brandon says as he walks me to my car. “At Summit, they’ve taken all that knowledge plus feedback from their buyers, then kicked the quality and design up another notch.”
Location Surrey
Builder/Developer Hayer Builders Group
Development Summit Presentation Centre Home Type and Two Display Homes Townhomes Open noon to 5 pm 64 AVE 142 ST Sales Centre Except Friday 138 ST 14058 – 61st Avenue, Surrey 14058 – 61st Ave, Surrey Contact 140 ST hayerlifestyle.com or hayerlifestyle.com 61 AVE 778.591.6685 60A AVE 778.591.6685 60 AVE “Every Summit home has a rooftop patio, and every one of them is structurally engineered to be hot tub friendly.” - Brandon Trent
A LIFESTYLE AS UNIQUE AS YOU generously-sized additional bedrooms plus the “Summit’s location on a sloped property allowed a split- convenience of side-by-side laundry with built-in fold/ level design that’s unique in Panorama Heights,” says sorting counter that’s an intelligent design feature I Brandon Trent, senior project manager with Fifth Avenue seldom see except in single-family homes. Now here’s Real Estate Marketing, as he opens the door to the first of the coolest part. The master suite is situated at the top two display homes. It takes only seconds for me to realize of a four-step stairway creating the effect this adult oasis he’s not exaggerating. occupies its own, private wing. Sweet… and definitely not Immediately to my right is a comfortably sized den what I’d expect. that I’d instantly be claiming as my home office, but it’s Still, I know there’s one final detail I just can’t wait to when we arrive at the kitchen where I discover the first of see. I guess my eagerness is showing, because Brandon Summit Summit’s truly big surprises. In addition to a well-sized, simply points and says, “it’s up there.” Scampering up the Serious Wow Factor casual family lounging area that opens directly onto final staircase, I open the door and step onto a massive LET’S GET ONE THING STRAIGHT RIGHT the walk-out back patio, there’s a sunken living room rooftop deck with barbeque and counter space, picnic FROM THE BEGINNING. If you’re on the quest spanning the entire front half of this home. table, plus comfy outdoor sofa setting. The view of the for a brand new home with some big-time Wow And if you’re thinking “sunken” means a six-inch dip, North Shore Mountains truly is, as Brandon puts it, “jaw Factor, you owe it to yourself to check out Summit think again. This beauty allows a soaring 11-foot ceiling dropping.” I hear myself give a sigh of sheer appreciation. in Surrey’s Panorama Heights neighbourhood. and is filled with natural light from oversized windows This is definitely where you’d find me spending many, Seriously, these three-bedroom and flex with transoms above. There’s even a cool pass-through- many happy hours. townhomes have a whole lot of personality and style opening to the kitchen above so the family cook can “Every Summit home has a rooftop patio, and every attitude plus some super-cool features you just enjoy all that sunshine too. one of them is structurally engineered to be hot tub don’t see elsewhere. Next we head up to the bedroom level. Two friendly,” Brandon says. Now that takes the concept of “Every Summit home has a rooftop patio, and every one of them is structurally engineered to be hot tub friendly.” - Brandon Trent
A LIFESTYLE AS UNIQUE AS YOU generously-sized additional bedrooms plus the “Summit’s location on a sloped property allowed a split- convenience of side-by-side laundry with built-in fold/ level design that’s unique in Panorama Heights,” says sorting counter that’s an intelligent design feature I Brandon Trent, senior project manager with Fifth Avenue seldom see except in single-family homes. Now here’s Real Estate Marketing, as he opens the door to the first of the coolest part. The master suite is situated at the top two display homes. It takes only seconds for me to realize of a four-step stairway creating the effect this adult oasis he’s not exaggerating. occupies its own, private wing. Sweet… and definitely not Immediately to my right is a comfortably sized den what I’d expect. that I’d instantly be claiming as my home office, but it’s Still, I know there’s one final detail I just can’t wait to when we arrive at the kitchen where I discover the first of see. I guess my eagerness is showing, because Brandon Summit Summit’s truly big surprises. In addition to a well-sized, simply points and says, “it’s up there.” Scampering up the Serious Wow Factor casual family lounging area that opens directly onto final staircase, I open the door and step onto a massive LET’S GET ONE THING STRAIGHT RIGHT the walk-out back patio, there’s a sunken living room rooftop deck with barbeque and counter space, picnic FROM THE BEGINNING. If you’re on the quest spanning the entire front half of this home. table, plus comfy outdoor sofa setting. The view of the for a brand new home with some big-time Wow And if you’re thinking “sunken” means a six-inch dip, North Shore Mountains truly is, as Brandon puts it, “jaw Factor, you owe it to yourself to check out Summit think again. This beauty allows a soaring 11-foot ceiling dropping.” I hear myself give a sigh of sheer appreciation. in Surrey’s Panorama Heights neighbourhood. and is filled with natural light from oversized windows This is definitely where you’d find me spending many, Seriously, these three-bedroom and flex with transoms above. There’s even a cool pass-through- many happy hours. townhomes have a whole lot of personality and style opening to the kitchen above so the family cook can “Every Summit home has a rooftop patio, and every attitude plus some super-cool features you just enjoy all that sunshine too. one of them is structurally engineered to be hot tub don’t see elsewhere. Next we head up to the bedroom level. Two friendly,” Brandon says. Now that takes the concept of NOW SELLING
VISIT THE PRESENTATION CENTRE TODAY TAILORED LIVING AWAITS 4700 IMPERIAL STREET BURNABY 1, 2 AND 3 BEDROOM HOMES & TOWNHOUSES OPEN DAILY 12-5PM (CLOSED FRIDAY) IN THE HEART OF METROTOWN 604 436 5550 | imperialbyamacon.com The developer reserves the right to modify the information contained herein without notice. Renderings, views, layouts, specifications, finishes, sizes and prices are subject to change and may not be accurate. $374,900
One, two and threebedroom homes priced from just $380,00
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Oakridge Presentation NOW SELLING Centre 1 Bedroom $699,900 · 2 Bedroom $989,900 · 3 Bedroom $1,950,900 PRESENTATION CENTRE AT OAKRIDGE MALL LOCATED AT 41ST AVE & CAMBIE ST. (ENTRANCE OFF OF 41ST) OPEN DAILY NOON – 6PM EXCEPT FRIDAYS Interested parties please register at belparkliving.com or call 604 891 1281 THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION HEREIN WITHOUT PRIOR NOTICE. E&OE.