BC New Condo Guide - Nov 13, 2015

INSIDE THIS ISSUE

NEW CHANGES TO VANCOUVER’S WEST END

WHY CONDOS MAKE GOOD INVESTMENTS

FORCES AFFECTING THE VANCOUVER MARKET

NOV 13 - 27, 2015VOLUME 5, ISSUE 23, FREE

METRO VANCOUVER EDITION

VISIT US TODAY FORFINAL RELEASE PROMOTIONS adera.com

YOUR LAST CHANCE TO LIVE AT THE SHORE

FINAL PHASE NOW SELLING[ ]

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#ARAGONFORWARD

PORTAGE778.398.1344 OR ARAGON.CA/PORTAGE

260 SALTER ST, NEW WESTMINSTER

Aragon Properties Ltd.

MOVE IN

READYDON’T MISS THE NEW RELEASE OF THE WEST BUILDING SAT. NOV. 14TH @ NOON SHARP

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NEW HOMES RELEASED NOV. 14TH

NOON SHARP

Aragon Properties Ltd.#ARAGONFORWARD

PORTAGEPortage is a collection of waterfront condo and loft homes. All homes feature a reclaimed brick wall and a built in Bosch coffee maker. Loft homes include rooftop patios and 20’ foot ceilings. Ask about our limited time promotions. MOVE IN READY. 1-3 Bedroom + Den Homes $299,900-$692,900. 778.398.1344 or aragon.ca/portage 260 Salter St, New West

WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.

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NOV 13 - 27, 2015 | NEW CONDO GUIDE 3

I l lustration reflects the artist’s interpretation of the project and may be noticeably different than what is depicted.This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.

CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITY

2-4 BEDROOM HOMES AVAILABLE | STARTING FROM $748,000

NOW SELLINGINFINITY POOL | WHIRLPOOL | SAUNA | STEAM ROOM | CLUB ROOM | PRIVATE THEATRE | MUSIC ROOM | PRIVATE SHUTTLE

The wait is finally over. Aspac Developments Ltd., is proud to present the second phase of their latest exclusive waterfront residences – 2 River Green. Awarded the 2014 Urban Development Institute Award of Excellence for the Best Master Planned Community, River Green is Richmond’s most valued and sought after

luxury residences. Visit our newly finished 3 level 24,000 sq.ft. Presentation Centre and experience the architectural marvel.

Presentation Centre Open Daily 12pm-5pm5111 Hollybridge Way, Richmond V7C 0A3

For more information please visit www.rivergreen.com or call us at 604.233.2633

New Westminster’s new waterfront has

spectacular views, an urban vibe, and it’s just a

25-minute SkyTrain ride from downtown Vancouver.

These are just a few of the reasons why RIVERSKY

has been one of Metro Vancouver’s fastest selling

projects of 2015. Construction is now underway.

Sales Centre open daily 12pm–5pm

659 Columbia Street, New Westminster

bosaproperties.com 604.522.2583

OVER 400 HOMES SOLD!

RiverSky is developed by Bosa Properties (RiverSky) Inc. and RiverSky2 is developed by Bosa Properties (RiverSky Land) Inc. Renderings, sketches, layouts and finishes are representational only. Prices subject to change without notice. E. & O.E.

METRO VANCOUVER’S MOST AFFORDABLE WATERFRONT

TOWER 2 TOWER 1

SUITE BEDROOM PLAN SIZE PRICE

1112 1 D1 575 sf $294,900

2608 1 C1 552 sf $307,900

609 1 E 593 sf $305,900

1109 2 F 735 sf $371,900

1402 2 G 757 sf $393,400

1909 2 L 900 sf $503,900


NEW CONDO GUIDE - FULL PAGE

DIMENSIONS: 8.0” X 10.0”

PROJECT: Station Square

MEDIA DEADLINE: Nov. 04,2015

CMYK

YOUR BEST AND FINAL OPPORTUNITY TO CALL STATION SQUARE HOME.

WORTH WAITING FOR.

REGISTER TODAY FOR ADVANCE ACCESS

STATIONSQUARE.CA

FINAL PHASE COMING 2016

The developer reserves the right to make changes and modifications to the information contained herein. This is not an offering for sale as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E. & O. E.. Station Square and the Station Square logo are registered trademarks of Metro Shopping Centre Limited Partnership, and used under license.

8 YPNEXTHOME.CA

contentsNOVEMBER 13-27, 2015 | VOLUME 5 ISSUE 23

The Shore Final phase released at this North Shore gem

ON THE COVER

property profi les

14 Encore at Bayview PlaceGet the best seat in the house in beautiful Victoria

44 MuseNorth Delta homes that make sense

46 ChromaLive life in full colour

50 WaveArchitecture as art in Surrey Centre

54 University DistrictUn-real estate

64 PortageRiverside living in Port Royal

68 SaxonLove the lifestyle in Burnaby

+ online

SEARCHHOME

NEIGHBOURHOOD

WITHDYNAMIC

MAPSLOOK FOR THE CIRCLE

+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING

MORE

18

7 7 B O U T I Q U E H O M E S

Novella’s desirable First Edition Series consists of large 2 & 3

bedroom suites designed with growing families and downsizers

in mind. This unique collection of sophisticated homes range

from 1254 to 1513 square feet and seamlessly combine smaller

suites into one large, generous layout - a process that can only

be offered during pre-sale. With construction well underway,

availability is limited. Visit us today to learn more about these

coveted homes before it’s too late.

LIVE LARGE.LIVE AT NOVELLA.

10 YPNEXTHOME.CA

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES, NATIONAL

Moe Lalani

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

EDITOR

Stephanie MacDonald

ART DIRECTOR

Tammy Leung

CONTRIBUTING EDITORS

Wayne KarlElisa Krovblit

DESIGN EDITOR

Yanic Simard

STAFF WRITER

Susan M Boyce

MEDIA CONSULTANTS

Dave Bird 604.319.7102Brenda Everitt 604.319.7103

SALES COORDINATOR

Justin Salvador

PRODUCTION MANAGER

Bala Gnanapandithan

GRAPHIC DESIGNERS

Miguel Cea, Mike Terentiev

PRODUCTION CO-ORDINATOR

Hannah Yarkony

Published by

4180 Lougheed Highway Suite 102Burnaby BC V5C 6A7T 604.519.6080 F 604.519.6088 ypnexthome.ca

ADVERTISING Call 604.519.6080 for advertising rates and information.

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 views and data expressed by columnists do not necessarily represent those of the publication.

32trending

26 A three-legged marketMichael Ferreira from Urban Analytics investigates the pillars of Vancouver’s real estate by Susan M Boyce

advice

20 Condo SenseBy losing the viaducts we have much to gainby Cameron McNeill

28 Condo ProCondo as a communityby Barbara Lawlor

32 10 Minutes With...Intracorp’s David Jacobson on the evolving charms of Vancouver’s West Endby Susan M Boyce

38 Financial Advicethings to look for in an investment condoby Andrew LaFleur

60 Mortgage AdviceThere just may be a global credit bubbleby Alyssa Richard

buyers’ resource section

48 Hot PropertiesLatest listings: A snapshot of what’s new and hot in the Lower Mainland’s condo marketplace and beyond.

72 Listings Directory

in every issue

12 Editor’s Note

district maps

16 North Shore

22 Maple Ridge/ Pitt Meadows

24 Vancouver

36 South Surrey/ White Rock

40 Surrey/Langley

58 Tri-Cities

62 Burnaby/ New Westminster

SPECIAL INSERT

Lougheed HeightsA special community on the rise in Coquitlam

+ plus


1479 Vidal Street, White Rock Open daily 12-5pm (Except Fridays)

Featuring the famous CresseyKitchenTM

Visit us today.

This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE. Prices are subject to change without notice

beverleybycressey.com or 604-560-0075

ALL THE HOME YOU DESERVE FROM $614,900 TO $683,900Beverley offers truly spacious, two-bedroom and den residences. These impeccably styled homes offer flow, ample storage and high-end appliances you would expect in a single family home. Enjoy low maintenance living with incredible amenities at the Beverley Club, including a rooftop lounge and terrace, pool and spa, concierge and so much more.

RILEY PARK

Jump into the new year in a new home

We hope you’re enjoying the

new look and feel of New

Condo Guide. As we updated

YPNextHome.ca and launched the

YPNextHome app, we also wanted

to make sure our magazines fi t

with the experience.

Whether you’re searching in print

or online, the experience is the same.

Take us on the go with you and enjoy

the magazine, but when you’ve got

the opportunity, follow the links to

YPNextHome.ca. We’re sure you’ll

be impressed with the additional

resources, such as video, more

pictures and other articles of interest.

We want the experience to be

seamless and enjoyable. We’ve

focused on bringing you the best

information, the most interesting

content and valuable news so that

you can make an informed decision

about your next home.

Don’t miss our featured

neighbourhoods – that’s a must-

read for anyone unfamiliar with a

community. Get some insight – the

good, the bad, the amenities, the

vibe – and let us help you size up a

neighbourhood before you commit.

We hope this helps on your

search!

Everyone is looking forward to the

holidays, but just because you’re

drinking rum and eggnog doesn’t

mean you should put your home-

hunting on hold. Now is the

perfect time to spend some time

visiting some of the amazing show

suites that are open all over Metro

Vancouver. You’ll likely avoid the

crowds and have an opportunity

to have an in-depth discussion

with the sales and marketing

associates who know more

about the place than anyone.

You’ll also have an opportunity

to see what the building and the

neighbourhood have to o� er

in the winter, when being close

to transit and shopping is more

important than ever.

+ get social

EXCLUSIVE PROFILE ONLINEypnexthome.ca/new-homes-for-sale/bc/vancouver/riley-park/

Interact with us on social media: ypnexthome

Editors’ Notes

SUSAN LEGGEEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge

STEPHANIE MACDONALDEditor, Yellow Pages NextHomeEmail: [email protected]: @stephmacYP

Seamless experience...

12 YPNEXTHOME.CA

CALL YOUR REALTOR FOR MORE INFORMATION

EDMONDSJUST GOT REAL. WITH HOMES AND

PRICES THAT ARE POSITIVELY UNREAL. AND IT’S ALL BACKED BY CRESSEY.

KINGSCROSSINGbyCRESSEY.COM REGISTER NOW

KINGS CROSSINGS BY CRESSEY will give homeowners a coveted Burnaby address, the convenience of transit, street level shopping & dining, views in all directions, and an exceptionally built Cressey home without paying more than they should.

This is not an offering for sale. Such an offering can only be made after filing a disclosure statement. E&O.E.

TOWN CENTRE

14 YPNEXTHOME.CA

Property Profi le | BOSA PROPERTIES

PICTURE THIS: a home overlooking

Victoria’s Inner Harbour and with views

of the Empress Hotel and sparkling lights

of the BC Legislative Buildings at night.

A home where you’re steps from the

delights of historic downtown as well as

a diverse array of eateries, boutiques, and

cultural venues.

Now say hello to Encore, a sizzling

new collection of 134 condominium

homes located in Victoria’s Bayview

Place master-planned community.

Brought to you by Bosa Properties,

this 17-storey residence immediately

captured homebuyers’ hearts with its

quality, style, and amenities — in fact,

within just two weeks, over half were

sporting bright red SOLD stickers.

Life at Your Doorstep

“There’s a reason why so many people

keep choosing Victoria,” says Daryl

Simpson, Bosa’s senior vice president.

“It’s a beautiful, lively place to be and is

connected to everything.”

He’s not exaggerating either.

Within minutes you can be cycling

the Galloping Goose Trail, jogging

The Best Seat in the House

LocationVictoria

BuilderBosa Properties

DevelopmentEncore at Bayview Place

Home TypeCondominium

Sales Centre80 Saghalie Road

Contact250.382.2672 bosaproperties.com

Encore

4 MORE PHOTOS ONLINEypnexthome.ca/encore

pit,” Daryl says. “There will also be

the convenience of a concierge to

welcome visitors and handle deliveries.”

The Encore presentation centre is

open noon to 5 p.m. every day at

80 Saghalie Road in Victoria. One- and

two-bedroom homes of 700 square feet

or more priced from $409,900 — some

incorporating BosaSPACE™ design.

A limited selection of two-bedroom

suites o� ering more than 1,000 square

feet are also available from $595,900.

For more information visit in person

or online at bosaproperties.com or

call 250.382.2672. You can also view

project details by appointment in Bosa

Properties’ downtown Vancouver

corporate sales o� ce.

the Westsong Walkway, browsing

the epicurean offerings found at the

Victoria Public Market, sampling craft

ale and appies at one of the many

local brewpubs, or discovering the

ever changing delights of the city’s

famous antique shops, restaurants

offering locally source ingredients,

or Fan Tan Alley. Oh and if you’re

looking for a new outfit, a visit to the

boutiques of Lower Johnson Street is

definitely in order.

Of course, right at home there’s

plenty to keep you fi t and engaged.

“Encore’s amenities include a heated

outdoor pool with cabanas, a full

fi tness centre, a large social lounge

with entertainment kitchen, and

outdoor barbeque terrace with fi re


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NORTH SHOREA1. DESTINY 2

590 Raven Woods Dr 604.929.1915

A2. THE SHORE Presentation Centre 238 Fell Ave 604.980.0016

A3. WEST QUAY 21 Lonsdale Ave 604-988-8856

N O R T H S H O RE

S Q UA M I S H

SEABUS

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North Shore | Squamish | Whistler

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SEARCH ONLINEypnexthome.ca

16 YPNEXTHOME.CA

1

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Exclusive creekside enclave with classic West Coast architecture, sustainable design, and personalized interiors through i.D. By Me.

Signature West Coast Piazza – a vibrant euro-styled town square with celebrated public art and water features.

Epic views of the North Shore mountains and the Vancouver skyline from your private rooftop terrace designed for your own hot tub spa*.

Newly extended Trans Canada Trail – the best outdoor public amenity in Canada and gateway to active North Shore outdoors.

Dedicated West Coast Club – fully equipped fitness centre, yoga room and social lounge.

Walking distance to the SeaBus and a full spectrum of shopping, from a master-planned community built by Adera.

THE BEST 6 WAYS TOLIVE WESTCOAST

1 BEDROOM HOMES IN FINAL PHASE STARTING FROM $254,900*

* SELECT HOMES ONLY. LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SHORE PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277

[email protected]

PRESENTATION CENTRE OPEN DAILY FROM 12PM TO 5PM

106 – 733 WEST 3RD ST., NORTH VAN

FINAL PHASE NOW SELLING VISIT US TODAY FOR FINAL RELEASE PROMOTIONS

Property Profile | ADERA

THIS IS IT. Your final opportunity to

purchase a brand new home at The

Shore in North Vancouver.

And here’s good news: this last release

of 77 homes will have some of the very

best outlooks at The Shore. “These homes

are our Elite View Collection because

there will be some amazing views in every

direction — especially in winter when

some of the trees will have lost their

leaves,” says Eric Andreasen, Adera’s vice

president of marketing and sales.

“People are often surprised when they

discover that from some of these homes

you can see all the way to the Burrard

Inlet and Lions Gate Bridge, Lonsdale

Final Phase Released at The Shore

The Shore

Quay, even the downtown Vancouver

skyline. Of course, the North Shore

Mountain views are spectacular too.

This release also has homes overlooking

the lively West Coast piazza that’s truly

becoming the community’s social hub.”

Sounds like a good thing these homes

also boast many of The Shore’s largest

decks and rooftop lanais. “Some homes

have almost as much outdoor space as

indoor living area,” Eric adds.

Experience the Tranquility

Inside, The Shore is meticulously

designed to accommodate large-scale

entertaining as easily as a romantic

cover story

LocationNorth Vancouver

BuilderAdera

DevelopmentThe Shore


Sales Centre106-733 West Third Street

Contactadera.com604.980.0016

18 YPNEXTHOME.CA

MORE PHOTOS ONLINEypnexthome.ca/the-shore

dinner for two, or a quiet movie

night with a fl ute of champagne and

a large bowl of popcorn — because

yes, it’s true, champagne actually

does go with everything. And if, like

me, you like to get cozy with ‘Al

Fresco,’ check out the rooftop lanais

and patios with optional outdoor

kitchens — a full-on culinary centre

including built-in barbeque, fridge,

and storage that’s part of Adera’s i.D.

By Me customization program — for

a whole new way to entertain and

enjoy the great outdoors.

Building Four also introduces a new

generation of Adera’s “Quiet Home”

construction technology that’s been

certifi ed as equal to or better than

concrete built to code. “When touring

the display homes, I ask people to to

stop and tell me what they hear,” Eric

says. “Usually they say ‘nothing’ and

want to know why I’ve asked. Which is

the whole point. Sound transference

between fl oor and party walls — both

airborne and impact — are signifi cantly

decreased so you can enjoy the comfort

of your new home with the peace and

quiet you deserve.”

Art in Life

Long known for their commitment to

incorporating art into every day life, Adera

took the concept one step further at The

Shore… literally. Featuring three local

artists, The Shore Art Walk is a collection

of four commissioned art pieces located

throughout the property starting at the

entryway with The Crossing by Coastal

Salish artist Jody Broomfi eld — four

curved archways that invite passers to

step through and explore.

Next, there’s Arrival, a stylized

interpretation of a tree created by a trio

of cutouts from stainless steel panels.

In the spirit of sustainability, Michael

Vandermeer then took the panels that

remained, created a second art piece

named Refl ections, and installed it

as the focal point of the West Coast

Piazza’s central water feature. Here,

surrounded by bubblers, benches

and table seating, as well as trees and

plants in massive, bright red pots, it

becomes a source of conversation

and contemplation.

Finally, step through the breezeway

that continues from the piazza toward

Mosquito Creek and you’ll discover

‘Honouring Our Cedar’ by Coastal

Salish carver John Marston. This

modern interpretation of a totem pole

combines cedar and steel to create a

grand entry for people arriving from the

Trans Canada Trail that runs along the

property’s western edge.

Discover the Lifestyle

“The North Shore is one of those special

places that people just don’t want to

leave, and if they do they often can’t

wait to come back,” Eric says as I gear

up for the ride back over Lions Gate to

Vancouver. I take a deep breath of the

fresh air and it’s easy to understand why.

In fact, on second thought, I might take

a detour via Deep Cove just to see who’s

out sailing or kayaking today.

The Shore’s on-site presentation centre

and three display homes are open

noon to 5 p.m. every day at 106 – 733

West Third Street in North Vancouver.

Walking distance to shops, dining,

and transportation too. Prices start at

$254,900. For more information visit

adera.com, call 604.980.0016, or email

[email protected].


AFTER YEARS OF STUDYING and much

debate, Vancouver council members

have voted to remove the Georgia and

Dunsmuir viaducts. The viaducts were

originally constructed in 1972 as part

of a freeway network that was never

completed, and since then these two

routes have transformed Prior Street

from a quiet neighbourhood street in to

a busy arterial route.

Present

Together, the two viaducts — one on

Georgia that carries tra c heading

east and a second on Dunsmuir St. for

westbound tra c — take approximately

40,000 vehicles per day, accounting

for 10% of vehicles entering and

leaving the downtown area. Although

this route has been widely used by

commuters, these concrete structures

have created an obstruction that limits

connectivity between the surrounding

neighbourhoods of False Creek,

Downtown, and Chinatown.

Future

City sta� and consultants have made

recommendations for the viaducts to be

replaced with at-grade streets that can

accommodate 100% of today’s tra c

volume. The proposed new networks

include reconfi guring Pacifi c Boulevard,

adding a pedestrian route on Dunsmuir,

and a ramp on Georgia Street to help

with motor vehicle tra c. City sta�

are confi dent the proposed plan will

bring benefi cial opportunities and

better access for many. Some of these

benefi ts include:

The vision for a more connected cityThe benefi ts of removing the Viaducts

» Road improvements and lower

long-run costs: At-grade streets are

seismically more stable and cost 5–10

times less to maintain.

» Better motor vehicle and pedestrian

friendly routes: Improved connectivity

within communities and providing

better access to the seawall.

» A reconnected Main Street corridor:

Connectivity between Union and

Prior St. with new retail, o ce, and

a� ordable housing opportunities

» A new waterfront district: Proposed

Georgia Street Wharf is be an active

outdoor waterfront area for leisure and

community events.

» Future Creekside Park extension: A 13-

acre, city-wide destination park adding

additional green space to the city.

» New a� ordable and market housing

opportunities: The City is hoping that,

between private developers and the

City, viaduct removal will provide

room for about 2,500 new homes.

What’s next?

Although the results are in favour

of removing the Georgia Viaduct, it

will still take some e� ort before any

construction is underway. From now

until spring 2017, city planners will

be meeting with major landowners

and crown stakeholders (the Province

and Pavco) to negotiate development

contributions and determine what will

be the best way to implement their

plan. In the coming months, it

will be important to stay tuned for

more details on this pivotal plan

for our beautiful city. Visit the City

of Vancouver’s website for more

details: vancouver.ca/home-property-

development/viaducts-study.

By Cameron McNeill

Advice | CONDO SENSE

Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing fi rms. Email him at [email protected] or follow him on Twitter @mac_marketing

MORE ADVICE ONLINEypnexthome.ca/news/advice

20 YPNEXTHOME.CA

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1. SIGNATURE AT FALCON CENTRE 11862 226th Street 604.477.1500

2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500

3. STATION ONE 12070 227th St. 778.878.1347

A4. RIVER'S EDGE 11580 223rd St 604-453-4965

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1. ARC 88 Pacific Blvd. Vancouver, BC 604.899.8800 www.arcvancouver.com

2. 1555 WEST EIGHTH 1555 W 8th 604.828 3998 1555w8.com

3. EPIC AT TOWER GREEN 1788 Columbia St 604.707.9378

4. FRAMEWORK Pender & Main Street 604.620.6223

5. PARK & METRO 688 SW Marine Drive 604.325.8111

6. TATE DOWNTOWN 1265 Howe St 604.568.8283

7. PROXIMITY 2nd Ave & Ont 604.731.3500

8. THE CREEK 95 East 1ar Ave thecreekbyconcert.com

9. STERLING 49th & West Boulevard 604.428.8858

10. RENFREW & 2ND 1831 Renfrew St 604-830-3938

11. ADDITION 1149 Hornby St 604.620.6692

12. RIVER DISTRICT 3302 North Arm Ave 604.879.8830

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This is not an offering for sale. Such an offering can only be made after filing a disclosure statement. E&O.E.

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37 UNPRECEDENTED KERRISDALE HOMES

Trending

1. Beverley (by Cressey) o� ered spacious apartment homes with all the style and space of a house.

2. RiverSky set a new benchmark for price in New Westminster and sold over 400 homes in seven months.

3. Black+Whites sold out rapidly in West Coquitlam.

4. The Ridge at Bose Farms wowed buyers with sophisticated interiors and a heritage setting.Michael Ferreira at UDI

FORGET THE HOUSING bubble, the

naysayers, and prophecies of doom

and gloom. In his annual address to the

Urban Development Institute, Michael

Ferreira, managing principal in Urban

Analytics, was enthusiastic about the

fi rst three quarters of 2015 in Metro

Vancouver’s real estate market — and

for good reason. By the end of the third

quarter (Q3) there had been more than

2,000 more sales than at same point

in 2014 — an impressive 20 per cent

increase over last year and almost two-

thirds higher than the entire year in 2013.

This year, Ferreira’s list of success

stories was longer than the list he

provided in 2014 and included The Ridge

at Bose Farms, Exchange, Verve, The

Independent, Black+Whites and RiverSky

among the highlights.

While he acknowledged there are

numerous factors driving the market,

Ferreira chose to focus on three that

impact the market most strongly: buyers,

land and municipalities.

by Susan M Boyce

Metro Vancouver’s Three-Legged Housing Market

3

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26 YPNEXTHOME.CA

— condos that are fi nished and include

parking. Plus they can get a mortgage on

their investment unit — in China they’d

have to pay cash.

SECOND LEG: Land

A ripple of laughter ran through the

room when Ferreira noted one developer

had described recent land sales as

“absolutely bonkers.”

In the increasingly competitive land

purchasing and assembly arena, some

new rules of engagement are emerging,

and Ferreira noted the days when local

developers have had the land market to

themselves are vanishing — especially

in the Inner Metro market. Here again,

the o shore buyer is contributing to this

change. Well-capitalized and increasingly

sophisticated, this demographic brings

patient money — often lots of it — and

is prepared to overpay relative to current

market values in order to establish

a foothold here.

Local developers will now need to

strap on the boxing gloves and get into

the ring with these new players. They

might choose to accept terms they

wouldn’t have considered in the past, or

look further from urban cores, or up the

focus on banking land that does come

available. Either way, Ferreira described

the upward pressure on pricing may well

be creating “the perfect storm” over land

sales in the near future.

THIRD LEG: Municipalities

Of the three legs, Ferreira noted it’s the

municipal end that’s toughest to get a

handle on.

From the industry’s perspective, lack

of fl exibility and blanket policies that

fail to anticipate a project’s unique

conditions or consider current market

conditions and land values are ongoing

sources of frustration. Bureaucratic red

tape and lack of political will when it

comes to the tough decisions about

appropriate forms of alternate housing to

address a ordability also fi gured high in

frustration factor.

From the municipalities’ side, Ferreira

said he had a sense many sta ers he

spoke with were reserved, even cautious

about how they answered his questions.

“Most indicated the system is simply not

set up to make some of the changes the

industry would like to see made quickly.

However, there was a genuine desire

to work with the industry to streamline

processes, while respecting public process

and the desires of elected o� cials.”

He also stressed that almost everyone

in the industry expressed appreciation

for the di� culties city sta ers have in this

balancing act.

And for anyone worried about often

suggested housing bubble, Ferreira’s

research revealed this astonishing

statistic: of the 21,600 concrete

condominiums scheduled to complete

by the end of 2018, a whopping 87

per cent are already sold — suggesting

there’s no need to worry about over-

supply, despite the number of cranes

dotting the urban landscape.

Michael Ferreira is managing principal

of Urban Analytics in Vancouver. More

info can be found at urbananalytics.ca.

7. Michael Ferreira, managing principal in Urban Analytics.

6. Proving sheer tenacity can pay o� , The Independent by Rize Alliance sold 258 homes in 102 days.

FIRST LEG: Buyers

Local consumers have been more

active in the past year, especially in the

growing townhouse market. Entry level

buyers, many with help from the “Bank

of Mom&Dad”, as well as empty nesters

looking for the elusive master-on-the-

main product are making their presence

known. There’s also been an increasing

demand for larger units, including

the high-end, luxury condo market

— like Cressey’s Beverley and Ridge

developments — that are aimed squarely

at empty nesters who are willing and

able to spend seven fi gures on a condo.

Not surprisingly, new immigrant and

o shore buyers, many from Mainland

China, continue to infl uence Metro

Vancouver’s market. Attracted by the

active, healthy lifestyle and quality

schooling, this demographic has been a

consistent driver in Metro Vancouver’s

market since 2009/2010, but has been

ramping their activity up even more

during the past year.

“Because the Chinese currency is tied

to the US dollar, their e ective buying

power has increased by 30 per cent,”

Ferreira explained. “One realtor I spoke

to put it into perspective this way: for

the same price as a small condo inside

central three ring roads in Beijing, they

can buy three new condos in Metrotown

5

6


28 YPNEXTHOME.CA

Condo as a community

It always pleases me to point out the many

advantages of living in a condominium. So

often we read about the carefree lifestyle

that comes along with having building and

grounds maintenance taken care of, and

the fact that the amenities such as pools,

exercise rooms and party rooms provide

a wonderful extension to the living space

you enjoy in your suite. That is all true, but

a condominium o� ers so much more –

especially a real sense of community.

By virtue of what a high-rise

condominium is, people who live under

the same roof make up a neighbourhood.

And in many ways, residents in a condo

come in contact more often than

those who live in low-rise communities

and come and go in cars all day

long. I know people who have lived

in low-rise communities for years

and still don’t know their neighbours.

In a condominium, you meet your

neighbours in the elevators, hallways

and common areas, and faces quickly

become familiar. When you travel, your

neighbours don’t have to travel far to

water your plants or feed your cat. And

in a high-rise, people are more likely to

notice if anything unusual is taking place,

which adds a level of comfort.

Community is about sharing and

togetherness, and condo amenities

are natural spots where socializing

happens. Chatting while you’re on a

treadmill in the fi tness room, relaxing

by the pool or in the sauna, throwing a

steak on the barbecue on the rooftop

patio – these are all situations that

nurture mixing and mingling with like-

minded neighbours. These fabulous

areas increase the sense of belonging

that residents feel, and they are just an

elevator ride away. And something as

small as saying “good morning” when

you step on the elevator contributes to

the camaraderie.

Another benefi t of condominium living

is the fact that rules and regulations exist

to protect people’s rights and safety.

These guidelines are enforced by the

condominium corporation to promote

mutual consideration and respect among

residents, and to protect everyone’s

investment. Whether they are rules

about noise, pets and other lifestyle

considerations, everyone in the building

is expected to follow these guidelines. It’s

an even playing fi eld. And on those rare

occasions when an issue arises, there is a

concierge to help address the situation.

Speaking of concierge services, many

condominiums today also employ

a resident services director, who

organizes social activities and groups

for fun and recreation. These may range

from exercise classes to theatre outings

or trips to the casino. Talk about a sense

of belonging!

That feeling extends to the

surrounding community, as most

urban condominiums are close to

assorted amenities such as parks,

shops, entertainment venues and more.

Some condominiums today even have

restaurants and commercial retail

venues in the podium, which really

makes the building a community in the

truest sense of the word.

Keep in mind that in a condo, you

decide how much togetherness you

want. Your suite is your private sanctuary,

and today’s gorgeous layouts and

high-quality appointments make that

an enjoyable experience. Your “home”

is more than the immediate walls that

surround you; home is also determined

by the people in your neighbourhood.

If you make the move to a condo,

make the most of the opportunities

it brings your way. Extend a hand in

friendship, and consider running for the

condominium board of directors. You

can help to make your condo a vibrant

vertical community.


Advice | CONDO PRO

By Barbara Lawlor

Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.

Average savings comparison is approximate only. Prices and incentives can change without notice. This is not an offering for sale. One can only be made by way of a disclosure statement. E.&O.E.

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VANCOUVER


CELEBRATED FOR its vibrant diversity

and pure joie de vivre, Vancouver’s

West End has long remained one

of the city’s most sought-after

neighbourhoods. There’s an energy

here, a sense of community and

respect that encompasses all

generations and lifestyles.

This issue, New Condo Guide chats

with David Jacobson, director of

development with Intracorp, about

some of the reasons for the West

End’s enduring popularity and

what’s happening in the ’hood.

Q: You’ve lived in the West End

yourself. What made this your

neighbourhood of choice?

A: I rented in three di erent buildings

early on, and I loved it. There’s so much

character and diversity to the West End.

The mixed housing is also defi nitely

part of the appeal. It’s an established

residential neighbourhood with

established trees and people who

care about their homes and their

neighbourhood — a surprising number

have lived here all their lives so they’re

emotionally invested. Many don’t

own a car because they don’t need

to — especially now with the growing

availability of car-share programs.

The only reason my wife and I moved

away was because we wanted to own

a home and there were such limited

options to purchase in the West End.

Q: The City of Vancouver recently

introduced a new neighbourhood plan

for the West End. How will this plan

impact livability and density?

Advice | 10 MINUTES WITH…

By Susan M Boyce

10 minutes with David Jacobson

Fabulous West End

Q&A

A: Several years ago the City realized

that the West End had one of the slowest

growing populations in Vancouver. There

was clearly a need to create new housing

— rental, market, and social. The West

End doesn’t have huge tracts of land

available for development, so part of the

challenge was how to execute the intent

of the City’s plan while still managing any

increase in density to preserve that sense

of character.

Q: What are some of the

solutions to increasing density

in the West Ends?

A: First, there are strict

guidelines on things like number

of storeys and how high walls

adjacent to the street can be. You’re also

only able to put up towers on the main

arterial streets — so you not only protect

the existing inner neighbourhoods, you

also reduce the migration into those

character areas.

Q: Even though there’s been a lot

of activity in the West End recently,

Intracorp is one of the very few

developers currently building non-rental

housing, so it’s perhaps not surprising

that response to your new o� ering, The

Jervis, has been strong. What were the

challenges of planning this 19-storey

tower that will replace three elderly

houses and a small rental building?

A: The Jervis will actually be the fi rst

new market residential development

announced under the City’s new West

End Community Plan. Because we

know locals are emotionally invested

in their neighbourhood, we spent a

2

3

1

32 YPNEXTHOME.CA

David Jacobson

lot of time engaging the community

to make sure we answered all their

questions and concerns. We found that

once they understood the model, the

neighbourhood was very welcoming

to new development that opened new

options for committed ownership.

Q: So what will that model look like?

A: There will be two distinct housing

styles: the residential tower that

provides 58 market homes sitting above

a white-brick podium level that will

include 28 rental unit and ground-level

retail. There’s a three-storey, red-brick

heritage building right across the street,

so the white-brick will show how you

can tie in the existing character with

new development.

The Jervis will also be di� erent

because the City will own the rentals

and the retail, so they will still be a

stakeholder and those parts of the

building will have a separate strata.

Q: What else gets you excited about the

West End?

A: There’s a really simple way of

describing the West End — it’s a

community. People are truly in love with

the place they live and it shows. There’s

a very active Business Improvement

Association here, there’s ongoing

revitalization including an approved

new plaza for the Rainbow Street, and

throughout the year there are so many

di� erent festivals and event. But for

me, it’s the mixed demographics that I

love most. You’ll see grandparents with

toddler, young professionals in suits or

jogging gear, and people who could be

the fl amboyant, younger cousin. It’s just

a fun place to be.

The Jervis will be located at Jervis and Davie

in Vancouver’s West End. Presentation

centre now open. For more information visit

thejervis.com or call 604.998.8989.

4

1. Sleek and sophisticated, The Jervis will redefi ne the corner of Jervis and Davie Streets.

2. Interiors at The Jervis are a partnership between Intra

3. The West End seen from Kits Beach.

4. Every year, “The Queen” makes an appearance the West End’s Pride Parade, one of the largest such parades in North America.

“ There’s a really simple way of describing the West End — it’s a community. People are truly in love with the place they live and it shows.”


THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. E&OE.

MAKE A STATEMENT

Visit our bold new showroom at 1772 Ontario Street

Life doesn’t wait, so why should you? This is your opportunity to live in Proximity.

Now showing 1 & 2 bedroom homes intrending South East False Creek.

P.C. HOURS12pm-5pm / Sat-Thurs

1772 Ontario Street 604.828.1029

liveinproximity.com

CONDO GUIDE - 1/2 PAGE

34 YPNEXTHOME.CA

VANCOUVER

34 YPNEXTHOME.CA

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES WITHOUT NOTICE. PRICES AND AVAILABILITY ARE SUBJECT TO CHANGE. RENDERING AND VIEW ARE APPROXIMATE ONLY. E.&O.E.

P R E S E N TAT I O N C E N T R E 12 0 4 S E Y M O U R ST R E E T · O P E N DA I LY 12 - 5 P M , E XC E PT F R I DAYS6 0 4 6 2 0 6 6 9 2 A D D I T I O N L I V I N G . C O MDOWNTOWN’S MOST AFFORDABLE LUXURY AT HORNBY & HELMCKEN

DRAKE ST

GRANVILLE ST DAVIE ST

SEYMOUR ST

INTERNATIONAL CITY. INTERNATIONAL DESIGN. 164 city homes featuring a 3-storey green screen oasis in the heart of urban Vancouver.

Bespoke cabinetry from Friul Intagli of Italy | Heating & cooling from Jaga of Belgium | An international standard of design coming to Hornby & Helmcken.

“THE TWO GREATEST STORES OF WEALTH INTERNATIONALLY TODAY IS CONTEMPORARY ART AND APARTMENTS IN MANHATTAN, VANCOUVER, AND LONDON”

– Lar ry Fink , B lackrock CEO, May 2015

NEW YORKVANCOUVERLONDON

26 HOMESREMAIN

CANADA

UNITED STATES OF AMERICA1

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SOUTH SURREY

ATHLETIC PARK

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King George Hwy

King George Hwy

1. BEVERLEY 1458 Vidol St beverleybycressey.com 604.560.0075

2. SOUTH POINT WALK 152nd St & 29A Ave 604-560-3238

3. GEMINI 15336 - 17A Ave 604.536.1663

4. ADAGIO 20th Ave. & 154th St. 604.531.6659

5. HEIGHTS CONDOS 2855 156th Street, Surrey 778.545.8737

SOUTH SURREY / WHITE ROCK

2

5

1

3

4


Pre-Completion Special! Up to $15,000 off Condo Homes.2855 156 Street, Surrey | Open Saturday & Sunday 12-5 pm (or any time by appointment) | www.theheightsliving.ca | 778-545-8737

CONDO HOMESat

BY LAKEWOOD

South Surrey | White Rock

36 YPNEXTHOME.CA


SOUTH SURREY/WHITE ROCK


SO YOU’VE DECIDED to buy an investment

condo in 2015. Congratulations! As a

fi rst-time investor, there are fi ve questions

you need to ask yourself before buying a

new condo.

1 | What are your goals?

Figure out what your goals are. Are you

looking to make a short- or long-term

investment? What kind of return are

you looking to achieve? Are you more

interested in income or capital gain – or

both? Deciding what your goals are up

front will better help you achieve them in

the long run.

2 | What can you a� ord?

Talk to your mortgage broker or

lender and get a mortgage pre-

approval before you start your

search. This will help you fi gure out

what you can a� ord, and will help

you start to narrow your search. Also,

make sure you are prepared for the


developer’s requirements with respect

to fi nancing. Most new condos will

require a 15 to 20 per cent deposit up

front, as well as a mortgage approval

letter showing you can a� ord the unit

you are purchasing.

3 | What is your exit strategy?

Will you buy, hold and rent for the long

term before selling? Will you buy pre-

construction and then fl ip (assign) your

unit prior to the fi nal closing? Will you

buy pre-construction, close on the unit,

rent it out for one or two years, and then

sell it? Will you buy, wait for completion,

and then refi nance and re-invest the

proceeds? Take time to assess the risks

and rewards associated with the di� erent

exit strategies.

4 | What should you buy?

Some units make better investments

than others. Questions to consider

include: Which locations are likely to

experience the most growth in the

next few years? What type of unit is

the most attractive to renters? Which

type of unit tends to appreciate faster

than others?

5 | When should you buy?

When buying for investment, it is

generally best to buy when a new

building launches. This is when prices are

the lowest, and availability of investor-

grade suites is highest. But there are other

great opportunities to buy, including right

before the developer meets the sales

target to secure construction fi nancing,

or during the occupancy stage. In both

of these instances developers tend to

be highly motivated to sell and this is

when they often introduce great buyer-

incentives or cash discounts.

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/NewCondoGuide

for a free gift. Contact Andrew at 416.371.2333 or [email protected]

By Andrew la Fleur

Keep your eye on the prize5 things condo investors should look for

Advice | INVESTOR INSIGHTS

38 YPNEXTHOME.CA


SOUTH SURREY/WHITE ROCK


10

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SURREY

A1. YALE BLOC 19557 64 Avenue www.yalebloc.com

A2. MANAROLA 8695 160th Street 604.800.9255

A3. MAXX AT VERVE 13913 Fraser Hwy. 604.588.3783

A4. MUSE 9015 120th Street liveatmuse.com

A5. UNIVERSITY DISTRICT 104th & University Dr 604.588.5795

A6. G3 RESIDENCES 104th Ave. & 154th St. 604.453.6688

A7. CHROMA 15628 - 104th Ave 604-581-5399

A8. THE RIDGE AT BOSE FARM 16390 64th Ave. 604.888.5514

A9. EVOLVE 13328 104th Ave. 604.497.0102

A10. THE WAVE TH 8 - 13303 103A Ave 604-951-9283

LANGLEY

B1. KENSINGTON 20678 Willoughby Town Centre Drive 604.427.3311

B2. ELEMENTS 20211 66th Ave. 604.533.7718

B3. ATHENRY GATE 8312 Street 604.882.8857

B4. MURRAYVILLE HOUSE 5020-221A Street 778-808-6563

B5. CORNERSTONE 5655 210 Street 604-534-6000

B4

Surrey | Langley


40 YPNEXTHOME.CA

THE NEW 2016 INTERIORS ARE A HIT!

$399,900

PRESENTATION CENTRE & SHOW HOMES: 13919 Fraser Hwy, Surrey

Open Daily 12–5pm (CLOSED FRI) | PORTE.CA/VERVE | 604.588.3783Pricing and promotion subject to change without notice. Sales by disclosure statement only, E&OE.

Love where you liveJUST A 6 MINUTE WALK FROM KING GEORGE SKYTRAIN

GYM, LOUNGE & GAMES ROOM ALL IN YOUR BUILDING

MODERN FINISHES TO BRAG ABOUT

Jr. 1 Bdrms FROM $187,900

1 Bdrms FROM $209,900

1 Bdrms + Den FROM $222,900

MOVE-IN NOW

Say NO to #FOMO

DON'T MISS OUT!ONLY 5 HOMESREMAIN!


SURREY/LANGLEY


Property Profile | BASSI PROPERTIES

IT’S ABOUT LIFESTYLE, convenience and proximity.

The name is Muse, and if you’re among the many

homebuyers who’s been waiting for the opportunity

to purchase a brand new condominium home in

North Delta, your patience is about to pay off.

Introducing Muse, a collection of 105 homes

located in a prime location just steps from a

diverse array of shops, restaurants, and other

urban amenities.

Interior PizzazzInside, Muse homes are sleek and modern,

boasting a wide variety of floorplans and two

professionally designed colour schemes. Many have

spectacular city and mountain views: all feature

spacious open-concept floorplans with nine-foot

ceilings, expansive windows, plus the warmth of

wide-plank, laminate wood flooring. Fixtures and

finishes are premium quality — from the stainless

steel appliances and integrated wood-paneled

refrigerator to modern flat-slab cabinetry and quartz

countertops.

Get ActiveGetting and staying active is easy at Muse. Here’s

just a hint of the many nearby amenities:

Steve Nash Fitness World, soccer and

many other team sports at the Newton

Athletic Park, or swimming and skating

at the North Delta Recreation Centre

that’s recently undergone a $10 million

renovation and now includes a new fitness

area and open-air space for spin cycling.

And since getting out in nature is

a treasured part of our West Coast

lifestyle, Muse’s covered balconies with

privacy screens expand your living space

outdoors year round. Mind you, since

you’re just minutes from cycling, hiking,

fishing and even canoeing, you might

find deciding which outdoor activity to

indulge in first is your toughest choice.

Aside: did you know Delta has over 1,350

acres of parkland? Okay, now you do.

Don’t Miss OutMuse’s presentation centre is anticipated

to open mid-November at 9015 – 120th

Street in Delta. For more information,

visit liveatmuse.com.

LocationNorth Delta

BuilderBassi Properties

DevelopmentMuse

Home TypeCondominiums

Sales Centre9015 – 120th Street (coming soon)

Contactliveatmuse.com

MuseHomes that Make Sense

44 YPNEXTHOME.CA

9015 120th Street Delta BC

LIVEATMUSE.COM

M A R K E T E D B Y

NOWSELLINGHomes from$199,900

Everything about Muse is just right – from the location and timing to the quality, variety of

floor plans, and exceptional value. The mid-rise building is centrally located in North Delta,

an area that is being revitalized with a vibrant mix of new residential and commercial

development. Suites are spacious and beautifully finished, with stunning city and mountain

views. Fitness and social amenities complete the Muse lifestyle, and there’s retail convenience

at your doorstep. It’s everything you wanted, and an opportunity you can’t afford to miss.

1 BED – 2 BED + DEN CONDOS

A HOME THAT MAKES SENSE

This is currently not an of fering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.


SURREY/LANGLEY


Property Profi le | STREETSIDE DEVELOPMENTS

BOOK THE VAN, pack up your stu� ,

and get set to move directly into your

new home at Chroma. That’s right, this

boutique collection of 29 apartment

residences is completely fi nished, so you

can be totally settled in for celebrating

the upcoming holiday season.

Now here’s the best part. All it takes

is a fi ve per cent deposit and you could

own at Chroma. “For a limited time,

the developer will buy down your

mortgage so, depending on which

suite you purchase, your monthly

payment could be as low as $699,”

explains Vanessa Isler, StreetSide’s

director of sales and marketing. “In

many cases, that’s cheaper than renting

an equivalent apartment — which is

encouraging many fi rst time buyers to

take the step from being a tenant to

being a homeowner.”

Full Spectrum LivingWhen it comes to smart design,

Chroma’s got you covered. “We

purposely kept the interior design

simple and bright, so homeowners can

incorporate punches of their favourite

colours through accessorizing,”

Vanessa says pointing out the kitchen’s

large-format tile backsplash and nine-

foot ceilings.

In the kitchen there’s a large eating

bar plus a connected, yet distinct area

for formal dining — a feature seldom

seen in condominium homes. And while

every home has private outdoor decks

or patios, the top fl oor balconies are, in

a word, astonishing — some signifi cantly

more than 300 square feet with covered

areas to allow all-weather, year round

enjoyment.

Close to Everything“The Guildford neighbourhood has

changed and evolved so much over the

past few years,” Vanessa says. “It’s got

schools, parks, shops, restaurants, and

it’s a quieter, more residential alternative

to the City Centre neighbourhood.

Plus Chroma is only a few blocks from

freeway access to the east and the

revitalized Guildford Town Centre, new

Aquatics Centre, and library to the west.

Plus there’s a direct transit link to the

SkyTrain to Vancouver right across

the street.”

Chroma’s presentation centre and

display homes are open noon to

5 p.m. daily except Fridays at 15628

– 104th Avenue in Surrey. For more

information visit liveatchroma.ca or

call 604.581.5399.

LocationSurrey

BuilderStreetSide Developments

DevelopmentChroma


Sales Centre15628 – 104th Avenue

Contactliveatchroma.ca 604.581.5399

4 MORE PHOTOS ONLINEypnexthome.ca/chroma

ChromaLive Life in Full Colour

46 YPNEXTHOME.CA


SURREY/LANGLEY


Hot Properties

LATEST LISTINGS Find your new home. This page features a few of the latest condominiums to keep your eye on in the Metro Vancouver area. Or explore more homes at ypnexthome.ca

previews and registration

57TH AND CAMBIEBy: Onni

City: Vancouver

Intersection: 57th Avenue and Cambie Street

Information is still under wraps, but priority

registration is now underway for this upcoming

addition to Vancouver’s Cambie Corridor

neighbourhood.

www.onni.com

Note: Image of one listing will

be supplied so there is some

art on the layout. If one is not

supplied, please ask for one.

PIXELBy: Thind

Starting price: All homes under $399,900

City: Burnaby

Intersection: Kingsway and Gilley

Number of storeys: 4

Keep your eye on the developer’s site as priority

registration opens soon for these condominium

homes in the Edmonds/HighGate neighbourhood.

www.thind.ca

THE LEVESON By: Coromandel Properties

Starting price: Coming soon

City: Vancouver

Intersection: Granville and 62nd Avenue

Presentation centre coming soon for this

collection of 39 luxury, Westside homes featuring

one-, two-, and three-bedroom plans. Register

today to be kept up to date.

Info: 604.880.8312

www.levesonliving.com

new releases and grand openings

ORCHIDBy: Quantum Properties

Starting price: $199,900

City: Port Coquitlam

Intersection: Wilson Avenue and Reeve Street


Info: New, onsite showhome opens November

28th at these riverside condominiums located

adjacent to the Traboulay Trails and just a few

minutes walk from the eclectic offerings of

downtown, transit, schools, and parks. Stop by the

grand opening festivities and enter for a chance

to win a FitBit

www.orchidcondos.com or 604.866.4206

THE SHOREBy: Adera

City: North Vancouver

Starting price: $254,900

Intersection: Third Avenue West and Fell Street


Info: Final phase of homes now selling with four

display homes to check out. Extra large floorplans

and decks plus some of the best views in the

community. Be sure to check out The Shore Art

Walk with four stunning sculptures commissioned

from local artists.

www.adera.com or 604.980.0016

Tell us your newsGot a new development, opening, or

other news you’d like us to feature in

Condo Market Watch? Drop me a note

at [email protected],

and we’ll do our best to get you in the

next edition.

THE SHORE BY ADERA

48 YPNEXTHOME.CA

The Ridge is the area’s most popular community with Phase One and Two already fully sold out and completed. Only 4 homes in the Third Phase remain, and now we have a great selection to choose from in our Fourth and Final Phase.

Come out today and see why The Ridge is so popular, while learning about the release of our latest homes in our Final Phase! Experience the Surrey Landmark and own your piece of history at The Bose Farm today.

4 AVAILABLE TO MOVE-IN THIS WINTER!

THE AREA’S MOST POPULAR COMMUNITY IS NOW SELLING ITS FINAL PHASE


SURREY/LANGLEY


Property Profi le | RIZE ALLIANCE

THERE’S ABSOLUTELY no mistaking

you’ve arrived at Wave. Located in

Surrey’s new downtown, this spectacular

residential tower from Rize Alliance has

an undulating façade that’s innovative,

dramatic, and totally unique — clearly

this building not only blends form and

function, it makes an artistic statement.

And here’s good news, for a limited

time when you purchase a home at Wave,

you’ll save as much as $40,000 — which

is a whole lot of cash to keep in your

pocket. Here’s a hint: with this incentive

you could own a two-bedroom, two-

bath home with den for $301,900. “Wave

is simply the most a� ordably priced, new

concrete development in this pocket of

Surrey,” says Sean Stevens, sales manager.

So it’s hardly a surprise that with

Surrey poised to surpass Vancouver

in population within the next few

years, savvy buyers see Wave as a solid

investment opportunity. “We’ve sold 12

homes last month alone — many to local

buyers. And since we’re so close to SFU,

students see this as a chance to have

a home while they’re at school and an

investment property when they move

forward with their careers.”

Celebrate Life

Wave’s amenities, too, are defi nitely

a hit with buyers. “In addition to a

rooftop deck with barbeque area and

a fully equipped gym, Wave provides a

bike workshop, a car wash, and a pet

grooming room with a tub — a feature

dog owners love,” Sean says. “Plus every

home has at least one onsite parking and

a private storage area.”

When you’re ready to talk

convenience, Wave delivers. You’re

literally steps to the new City Hall

and SkyTrain stations, there’s an ever

expanding array of shopping and dining

options, plus the Surrey Hospital, Holland

Park, and the Surrey Arts Centre are just

down the road.

And here’s a neat bonus. Wave is

where you’ll fi nd Nautilus: Surrey’s fi rst

residential public art installation. Very

cool, very contemporary.

Wave’s presentation centre is open noon

to 5 p.m. Saturday through Wednesday

at townhouse 8 – 13303 – 103A Avenue

in Surrey. Better hurry though because

only 18 homes remain.

Architecture as Art

LocationSurrey Central

BuilderRize Alliance

DevelopmentWave


Sales CentreTownhouse 8 – 13303 – 103A Avenue

Contact604.782.0821waveliving.ca

Wave

5 MORE PHOTOS ONLINEypnexthome.ca/wave

“ You’re literally steps to the new City Hall and SkyTrain stations, there’s an ever-expanding array of shopping and dining options...”

50 YPNEXTHOME.CA

www.WaveLiving.ca


SURREY/LANGLEY


A dazzling collection of 51 condominium homes designed by

award winning Creekside Architects. Located in the delightful

Fleetwood “Village” neighborhood… a vibrant, pedestrian friendly

community with everything at your doorstep, excellent schools,

proximity to great shopping, restaurants, major transportation

routes and recreational facilities galore.

INC. NET GST

PRICES START FROM

$284,900

STRATA FEES INCLUDEDFOR 12 MONTHS

604-800-9255

(Limited Time Offer)

Decorating Allowance• Net GST • Washer, Dryer and Fridge Upgrades

• $5,000*Limited Time Offer. Can be withdrawn at any time.

BONUS

www.WaveLiving.ca

52 YPNEXTHOME.CA

SURREY/LANGLEY

52 YPNEXTHOME.CA

GROUP


SURREY/LANGLEY


Property Profi le | BOSA PROPERTIES

IT’S BEEN THE TALK of the town since opening day.

And now with construction nearing the 20th fl oor,

University District continues impressing homebuyers

in the heart of Surrey’s dynamic City Centre

neighbourhood.

“We’ve had a lot of sales activity in this area

recently,” says Tasha Tylka, Sales Manager. “Sales

have remained strong since our launch, and in the

past few weeks alone we’ve sold over 15 homes.

One of the driving forces of this activity is the fact

Un-Real Estate

that University District will be the fi rst project to be

complete in this neighbourhood — so you’re not

going to be waiting for years before you can move

into your new space.”

Purchasers, she adds, have been a diverse mix

of people who plan to live at University District

themselves as well as investors and parents giving

their kids a places to call home while they’re

attending SFU just down the road. “It’s going to

create a really lively ambiance.”

Introducing BosaSPACE™

Also turning heads is the innovative BosaSPACE that

made its debut at University District and continues

redefi ning the concept of small-space living. There’s

the kitchen’s ExtendTable, a SleepTheatre that turns

into a single bed which doubles as a loveseat, plus

an unique sliding wall system that transforms the

bedroom and living room into a single open space

for entertaining on a grand scale — like a couple

of dozen friends and family. In short, this is smart

design like you’ve never seen before.

Close to What Counts

University District’s proximity to everything is also

a hit with the many young buyers who’ve fallen in

love with University District. Just a block from a new

library and the SkyTrain to downtown Vancouver, it’s

also right across the street from the new City Hall —

meaning your next door neighbour is a meticulously

maintained, architecturally head-turning, and

dynamic plaza. How cool is that?

The University District presentation center and

display homes are open noon to 5 p.m. every

day at 13409 – 104th Ave. in Surrey. Prices

start at $221,900. For more information visit

bosaproperties.com or call 604.588.5795.

LocationSurrey Central

BuilderBosa Properties

DevelopmentUniversity District


Sales Centre13409 – 104th Avenue

Contactbosaproperties.com 604.588.5795

University District

3 MORE PHOTOS ONLINEypnexthome.ca/university-district

54 YPNEXTHOME.CA

Prices, incentive offered until November 30, 2015, and availability are subject to change without notice. In order to receive the incentive a registration card must be filled out in full. See a sales representative for details. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. 604-583-2212

PRESENTATION CENTREOpen Saturday - Wednesday Noon to 5pm

20728 Willoughby Town Centre Drive, Buzz 213

This is the last opportunity to own a new home in Willoughby Town Centre for years to come.

VISIT BY NOVEMBER 30TH

AND RECEIVE A GIFT CARD

604.427.3311 liveatkensignton.ca

WILLOUGHBY. TOWN CENTRE.

LOCATION, LOCATION, LOCATION. Willoughby Town Centre is the first and only pedestrian friendly mixed-use community in Langley. Living here means you will enjoy the convenience of having all of your daily essentials at your doorstep. Dine, shop, and socialize without having to get in your car or take transit.

Homes at Kensington are move-in ready. Stop by for a tour. We think you will be impressed with the spacious layouts and quality designer finishings included with every home.


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SURREY/LANGLEY


A1. CROWN 520 Como Lake Ave Presentation Centre #104 - 522 Clarke Rd 604.939.8868

A2. CHARLAND 2102 - 963 Charland Ave 604.492.3388

A3. UPTOWN2 bosaproperties.com 604.939.2677

A4. HAZEL 827 Roderick Ave 604.937.2599

A5. EVERGREEN 3007 Dlen Drive 604.942.2672

A6. NOVELLA 711 Breslay St Presentation Centre #170 - 3355 North Rd (at Cameron St) 604.563.5777

B1. ORCHID 2455 Wilson Ave. 604.866.4206

B2. FREMONT GREEN Fremont Connector 604.468.0084

B3. PRIMA #110 - 2255 Wilson Ave 604.945.3999

COQUITLAM PORT COQUITLAM

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Lougheed Hwy

Mary Hill Bypass

Mary Hill Bypass

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REGIONAL PARKMEADOWGARDENS

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REGIONAL PARK

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Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows


58 YPNEXTHOME.CA

Quantum Properties, a British Columbia company, has been developing properties and constructing multi-family residential and commercial buildings since 2000. The Quantum Properties Group of Companies includes Quantum Realty and Quantum Properties Construction.

Marketed by Quantum Realty Inc. and Trevor Street PREC, Keller Williams Elite Realty. 778.846.9096. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O. E.

WE ACCEPT DEPOSITS PAID BY: Cheque • Credit Card • Bitcoin

Building One Occupancy: Early 2016Building Two Occupancy: 2017

*See Orchid sales staff for details

Orchid’s carefully crafted layouts showcase urban contemporary design inside and out with everything you love at your doorstep.

Orchid is just steps from the river, adjacent to the Traboulay PoCo Trail and a 5-minute walk from the West Coast Express. On-site amenities include 3 fitness rooms, a yoga studio, sauna, theatre room, pet washing room and a bicycle workshop... to name just a few.

Orchid Riverside Condos

$199,900PRICESSTARTINGFROM

GRAND OPENING DAY:Enter The Draw For A

Chance To Win A Fitbit!Roaming Dragon Food Truck On Site!

GRAND OPENING BONUS!$5000 Decorating Allowance*

AY:AY:D PENINOPEG D OPOPG INNINAN G DAY::Y::Aer The Draw Foer The Draw Forer The Draw Foehe

!bit!ce To Win A Fitnce To Wince To WiChanan iA FitWT WTn Site!gon Food Tgon Food Trgon Food TrRoama

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GRAND OPENING DAY:Enter The Draw For A

Chance To Win A Fitbit!Roaming Dragon Food Truck On Site!

GRAND OPENING BONUS!$5000 Decorating Allowance*

2495 Wilson Avenue, Port Coquitlam

TraboulayPoCo Trail Orchid

RiversideCondos

Gates Park

Coquitlam River

SHOW SUITE HOURS:Starting November 28 Open Saturday & Sunday Noon - 6 PM

NEW SHOW SUITE

GRAND OPENING!

NOVEMBER 28 AT 12PM


COQUITLAM/PORT COQUITLAM/PORT MOODY


THE FORECAST OF the global economy

fl uctuates more often than not.

One day, we hear that China’s stock

crash is causing impending doom,

and the next we’re told that everything

is just fi ne.

The International Monetary Fund

(IMF) recently issued a warning about

a weakening global economy. It says

if U.S. rates rise, the developing world

could see a plethora of corporate

failures. And although the U.S. is doing

better, their employment rates are

steady – not growing – which means

the economic superpower does not

have the strength to pull the rest of the

world out of a slump.

This is added to the emergence of a

global credit bubble. The IMF and World

Bank are meeting in Lima, but rather

than celebrating recovery and market

successes, economic thought leaders

will now be discussing a massive credit

bubble that spans over many nations.

Growth is slowing in emerging

markets, such as Latin America, and it’s

making investors wary, to say the least.

Corporate debt in emerging markets has

increased from $4 trillion to $18 trillion –

with most of that growth occurring after

the crash of 2008. The IMF believes that

corporate liabilities in emerging markets

are double their equity. (Four years ago,

they were equal.)

At home

Even if the fi nancial climate here in

Canada remains stable, that doesn’t

mean it can’t be disrupted by a region or

many regions having serious di� culties.

And if the developed world – notably

the U.S. and other strong economies,

such as Canada – raise their rates, it can

have serious consequences on emerging

markets.

The best thing for smart Canadian

investors to do is to not only pay

attention to what is happening at home

but keep an eye on what is happening

abroad. The annual meeting in Peru on

Oct. 9-11 was to be a good indicator

to how much we should actually be

concerned about the global economy

and what can be done to get things back

on the right track.

Canada has a good history of

weathering global crises. In 2008,

Canada’s economy fared better than

most. More recently, we’ve been largely

unscathed by the fallout from Greece.

And we’ve been a benefi ciary of trouble

in Asia, as wealthy Chinese investors

have turned to Canada as a safe place

to keep their money.

In housing, variable and fi xed

mortgage rates are growing closer

together, with only .53 per cent

separating the two. If the Bank of

Canada’s overnight rate rises, variable

mortgage rates could close in on fi xed

mortgage rates, making fi xed rates

infi nitely more desirable.

The good news, if you have a variable-

rate mortgage, is that the BoC doesn’t

seem to be in any hurry to raise rates.

The opposite seems to be true: two rate

cuts this year have eased Canadians’

mortgage burdens. And the major banks

have only passed a portion of those rate

cuts on to consumers, so there’s a good

chance you won’t feel the pinch as much

when rates start to trend higher.

As rates in Canada and across the

world continue to jump around, so too

will mortgage rates. And while this is

quite di� cult to predict, it’s important to

keep a watchful eye on global markets

to be sure to make the right decisions in

your own backyard.

Advice | MORTGAGE ADVICE

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.

Global credit bubble causes market to pause


By Alyssa Richard

60 YPNEXTHOME.CA

BETTER QUALITY, BETTER LOCATION, BETTER VALUE

MORE SPACE

FINAL OPPORUNITIES

SELECT YOUR HOME TODAY!

Pricing is subject to change. This is not an offering for sale. Sale can only be made by disclosure statement. E.&O.E. Renderings are an artist’s conception and are intended as general reference only.

604.939.8868 | CrownByBeedie.ca OPEN 12 – 5, SAT – THURS Burquitlam Plaza, #104 – 552 Clarke Rd

1 BEDROOMS FROM $290,000



1,022 SQ FT | 2 BED + 2 BATH + GREAT ROOM | FROM $500,000s


A3. AVIARA 4189 Halifax Street 604.291.9130

A4. MODELLO 5021 Kingsway 604.456.0688

A5. BRENTWOOD 4567 Lougheed Hwy. 604.563.8386

A6. NOVELLA 170 - 3355 North Rd 604.563.5777

A7. STATION SQUARE 4670 Assemble Way stationsquare.ca

A8. CROWN Presentation Centre #104 - 552 Clarke Rd 604.939.8868

A9. CAMERON Presentation Centre 150A - 3355 North Rd 604-379-2191

A10. MADISON & DAWSON 604.428.0210

A11. MILANO 4247 Lougheed Hwy. 604.294.8989 milanoliving.ca

A12. GOLD HOUSE 6377 McKay Ave goldhouseliving.com

A13. BROOKMERE Presentation Centre #150 - 3555 North Road B1. WESTBOURNE

1305 Cariboo Coming Soon

B2. PORTAGE PORT ROYAL 260 Salter St 778-398-1344

B3. THE SAPPERTON AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941

B4. RIVERSKY2 659 Columbia St 604.522.2583

A1. SAXON 7569 6th Street

604-515-7119

A2. REDBRICK Griffiths Dr & 14th Ave 604.527.7955

NEW WESTMINSTER BURNABY

Burnaby | New Westminster

Lougheed Hwy

GAGLARDI WAY

GAGLARDI WAY

UNIVERSITY DR W

UNIVERSITY DR EGREYSTONE DR

MARINE WAY

MARINE DRMARINE WAY MARINE DR

SOUTHRIDGE DR

HASTINGS STHASTINGS ST

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BROADWAYBROADWAY

8TH ST

8TH ST6TH ST

6TH ST

6TH AVE

6TH AVE8TH AVE

8TH AVE

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8TH AVE

BRAID STBRAID ST

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16TH AVE

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RD

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IMPERIAL STIMPERIAL ST

IMPERIAL ST

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EWEN AVE

EWEN AVE

DUNCAN STDUNCAN ST

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AY

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BOYD ST

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CENTRALPARK

CENTRALPARK

DEER LAKE PARK

DEER LAKE PARK

QUEEN’SPARK

QUEEN’SPARK

SQUINT LAKEPARK

SQUINT LAKEPARK

BURNABYMOUNTAIN

GOLF COURSE

BURNABYMOUNTAIN

GOLF COURSE

BURNABYMOUNTAIN

PARK

BURNABYMOUNTAIN

PARK

BARNET MARINEPARK

BARNET MARINEPARK

CONFEDERATIONPARK

CONFEDERATIONPARK

BURNABY LAKE REGIONAL PARKBURNABY LAKE REGIONAL PARK

SFUSFU

BCITBCIT

BRENTWOODMALL

BRENTWOODMALL

METROTOWNMETROTOWN

LOUGHEEDMALL

LOUGHEEDMALL

DEER LAKEDEER LAKE

CLARKE

RD

CLARKE

RD

CUMBERLAND ST

CUMBERLAND ST

ROYAL AVE

ROYAL AVE

KINGSWAY

KINGSWAY

SPROTT STSPROTT ST

49TH AVE

Barnet Hwy W

ILLI

NG

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WIL

LIN

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OAKLAND ST

GIL

LEY

AV

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IMPERIAL STIMPERIAL ST

GRIFFITHS DR

GRIFFITHS DR

STEWARDSON WAY

BO

UN

DA

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RD

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RD

A2A1

A3

A11

A1

A4A12

A8

A7

A9

A5

A6

A8 A13

A9

B3

B1

B4

B2

62 YPNEXTHOME.CA

LOUGHEEDWIL L INGDON

THE AMAZING BRENTWOOD THREE.MORE AMAZING HOMES. SAME FUNDAMENTAL VALUES.

SOLD OUT

SOLD OUT

We sold out towers BRENTWOOD ONE & TWO! Now we’re bringing you BRENTWOOD THREE which will continue giving homeowners unprecedented value in these 8 AMAZING WAYS:

NOW SELLING. HOMES STARTING FROM $319,900.VISIT THE 3 AMAZING NEW SHOW HOMES TODAY.

THE VIS ION:A 28-acre master-plan with everything you need

SHOPPING & DINING: 250+ shops & restaurants downstairs

VERIF IED VALUE:Get unprecedented long-term investment value

ENDLESS VIEWS:From every home in all directions

HOMES& AMENIT IES: The best home design and over 25,000 sq.ft. of extras

SERVICE & SECURITY: 24 hours a day, everyday

ARTS, CULTURE & ENTERTAINMENT:In the one-acre central event plaza

TRANSIT AT YOUR DOOR:Seamlessly integrated on-site and at your door

RENDERINGS ARE REPRESENTATIONAL ONLY. PRICES SUBJECT TO CHANGE WITHOUT NOTICE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. E.& O.E.

BRENTWOOD ONE: SOLD OUT

BRENTWOOD TWO: SOLD OUT

LEARN MORE & REGISTER AT THEAMAZINGBRENTWOOD.COM 604.563.8386 4567 LOUGHEED HIGHWAY, BURNABY (BRENTWOOD MALL). OPEN DAILY12-5PM

Property Profi le | ARAGON

FULL DISCLOSURE: I love the concept of waterfront

living and I’m a long-time fan of Port Royal. Lively

and engaging, this New Westminster master-planned

community is one I’ve watched since the very fi rst

homes were built, and every time I visit, it impresses

me more.

So when Ameet Johal, director of sales and

marketing, tells me the second building of Portage

riverside condominiums will be released on November

14th, I’m excited. “These homes are all move in

ready so you don’t have to wait — just book your

movers and get ready to settle in,” she says adding that

fl oor plans range from one-bedroom all the way to

spacious three-bedrooms with over 1,400 square feet

of living space.

Architectural Pizzazz From the street it’s clear Portage is going

to be something unique within this one-

of-a-kind community. Exteriors are an

intriguing marriage of brick, wood, and

what appears to be exposed concrete

but is really a high tech Nishiha rain

screen system. Landscaping, naturally, is

lavish and will only get better over time.

Today though, I’m here to see one of

the just released, two-level penthouses.

In a word, this home is breathtaking.

And with three balconies — including

a massive terrace o� the master

bedroom — there’s plenty of options

to enjoy views of the Fraser River, the

New Westminster city scape, and Port

Royal’s many pocket parks all spread out

directly outside.

To my delight, like all Portage homes,

the living room includes the reclaimed

red brick feature walls that’s long been

one of my favourite Aragon features. The

kitchen is sophisticated and modernist

with vertical subway tile, an eye-level

integrated microwave in addition to the

gas range, tons of storage space, and

even a built-in espresso machine —

meaning I don’t have to get out of my

PJs to savour a great morning latté. Every

detail meticulously designed to create

an ambiance of luxury with a dash of fun

and pure joie-de-vivre.

So what are you waiting for? The

Portage presentation centre and

four display homes are open noon

to 5 p.m. except Fridays at 260 Salter

Street in New Westminster’s historic

Queensborough neighbourhood.

Priced from $309,900 to $689,900.

For more information visit aragon.ca

or call 778.398.1344.

LocationNew Westminster

BuilderAragon

DevelopmentPortage


Sales Centre260 Salter Street

Contactaragon.ca or 778.398.1344

PortageRiverside Living at Port Royal

5 MORE PHOTOS ONLINEypnexthome.ca/portage

64 YPNEXTHOME.CA

*In o

ur co

ntin

uing

eff

ort t

o im

prov

e an

d m

aint

ain

the

high

est s

tand

ard,

the

deve

lope

r res

erve

s the

righ

t to

mod

ify o

r cha

nge

plan

s,

spec

ifica

tions

, fea

ture

s and

pric

es w

ithou

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Ple

ase

refe

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disc

losu

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atem

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or sp

ecifi

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erin

g de

tails

. E.&

O.E

.

NEW HOMES RELEASED NOV. 14TH

NOON SHARP

Aragon Properties Ltd.#ARAGONFORWARD

PORTAGEPortage is a collection of waterfront condo and loft homes. All homes feature a reclaimed brick wall and a built in Bosch coffee maker. Loft homes include rooftop patios and 20’ foot

ceilings. Ask about our limited time promotions. MOVE IN READY. 1-3 Bedroom + Den Homes $299,900-$692,900. 778.398.1344 or aragon.ca/portage 260 Salter St, New West

OUR DESIGN FORWARD THINKING WILL MOVE YOU TO NEW HEIGHTS.


66 YPNEXTHOME.CA

BURNABY/NEW WESTMINSTER

66 YPNEXTHOME.CA

Property Profile | CRYSTAL VIEW DEVELOPMENTS

STYLISH AND CONTEMPORARY, an intimate

collection of city homes is coming to Edmonds.

Introducing Saxon, 20 two-bedroom and two-

bedroom plus den homes that put you steps from

the diverse range of amenities that’s made this

Burnaby neighbourhood a hit with all generations.

From the street, Saxon’s contemporary, West

Coast architecture is inviting and eye-catching

with brick and glass accents, a playfully articulated

façade, plus spacious balconies or terraces. Inside,

Saxon homes are sunny and bright with all the

sophisticated features you deserve —premium

stainless steel appliances, wide-plank flooring, and

quartz countertops. It’s all designed to make it easy

to live life well.

Welcome to the ’Hood“This is such a walkable, connected neighbourhood,”

says Charmaine Betcher, project marketer. “The

SkyTrain is about a five-minute drive and other

transit connections are excellent. There are great

restaurants in every direction, plus there are

several movie theatres, or the Massey Theatre if

you prefer live performances. You’re close to the

Robert Burnaby Outdoor Pool, Moody Park Arena,

Edmonds Community Centre, and Queen’s Park

where they have sports fields, a water

spray park and even petting farm, in

addition to all kinds of family-oriented

activities year round. Or for a change of

pace when you want to reconnect with

nature, check out the hiking, canoeing

and kayaking at Burnaby Lake.”

Local shopping, she adds, is

amazing. How’s this for a start? Within

10 minutes you could be browsing at

Metrotown, Royal City Centre, or the

New Westminster Quay. Just a little

farther, and you’ll discover Lougheed

Mall and Brentwood. “There’s also all

kinds of local, boutique retailers plus

Saxon will add some new, street-level

retail of it’s own.”

Saxon offers 20 two-bedroom and

two-bedroom plus den homes located

at 7604 Sixth Street in Burnaby.

Presentation centre now open noon

to 5 p.m. daily except Fridays at 7569

Sixth Street (corner of Sixth Street and

15th Avenue). For more information visit

saxonliving.com or call 604.515.7119.

LocationBurnaby

BuilderCrystal View Developments

DevelopmentEdmonds


Sales Centre7569 Sixth Street

Contactsaxonliving.com 604.515.7119

Saxon Love the Lifestyle

68 YPNEXTHOME.CA

Site Address 7604 6th Street, Burnaby Corner of 6th Street & 15th Ave

Presentation Centre Opens early Fall 2015 7569 6th St, Burnaby

saxonliving.com 604.515.7119

COMING SOON

SPACIOUS 2 BED & 2 BED + DEN HOMES Saxon is an intimate collection of city homes situated in the very convenient Edmonds area of Burnaby. It’s a walkable neighbourhood, close to transit, shops, parks and schools. The 20 spacious 2 Bed & 2 Bed + Den homes are quality built and have all the modern luxuries you expect. And timing couldn’t be better to get into this rapidly growing neighbourhood.

QUALITY BUILT. PRIME LOCATION.

This is currently not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.

NOON–5PM (CLOSED FRIDAYS)

[email protected]

THEBREWERYDISTRICT.CA

604.525.3941

SALES CENTRE

285 NELSON’S COURT

AT SAPPERTON SKYTRAIN STATION

NEW WESTMINSTER

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This is not an offering for sale. One can only be made by way of a disclosure statement. Prices and incentives are subject to change without notice. E.&O.E.

1 B E D S F R O M $ 2 7 9 , 9 0 0 2 B E D S F R O M $ 3 7 5 , 9 0 0

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PRESENTATION CENTRE


BURNABY/NEW WESTMINSTER


ABBOTSFORD

Abacus Uptown LR 604.309.7155 Call

Mahogany at Mill Lake HR 778.255.9990 Call

Waterleaf LR 604.850.3694 From $179,900

BURNABY

Aldynne on the Park HR 604.541.9517 Call

Altitude HR 604.456.8883 From $239,900

Aviara HR 604.291.9130 Call

Brentwood HR 604.563.8386 From $299,90

Brookmere HR 604.259.5991 Call

CentreBlock at Univercity HR libertyhomes.ca From $239,900

Gold House HR goldhouseliving.com Coming Soon

Kings Crossing HR cressey.com/kingscrossingbycressey/ Coming Soon

Madison & Dawson LR 604.428.0210 Coming Soon

Midori HR 604.439.8852 $467,900

Milano HR 604.294.8989 From $298,900

Modello HR 604.456.0688 Call

Novella MR 604.563.5777 Call

OakTerra LR 604.431.6033 Call

Redbrick LR 604.527.7955 From Mid $200’s

Savile Row LR/TH 604.833.1606 From Low $200’s

Saxon LR 604-515-7119 Coming Soon

Solo District HR 604.298.8800 From Low $300’s

Station Square HR 604.438.1113 Call

Subora LR 604.807.4353 From $279,900

Trio LR 604.218.3338 From $249,900

The Park Metrotown HR 604.936.1888 From $340,900

Solo District HR 604.298.8800 From Low $300’s

Wall Centre Central Park HR 604.874.9232 From $299,000

COQUITLAM

Brookmere HR 604.259.5991 Coming Soon

Charland LR 604.492.3388 Call

Crown HR 604.939.8868 From $280,000

Evergreen HR 604.942.2672 From $284,900

Grand Central 3 HR 604.617.5570 Call

Hazel LR 604.937.2599 From $220,900

Mackin Park LR 604.939.8874 From $234,900

The Windsor HR 604.941.8305 From $363,900

Uptown2 HR 604.939.2677 From $278,900

NORTH DELTA

Delta Rise HR 604.594.7473 From $189,000Muse LR Liveatmuse.com Coming Soon

LANGLEY

Athenry Gate LR 604.882.8857 From $137,500Cornerstone LR 604.534.6000 CallElements LR 604.533.7718 From $159,900Focal Point LR 604.377.7000 Coming SoonKensington LR 604.427.3311 From $199,900Murrayville House LR 778.808.6563 CallVarsity LR 604.539.2200 From $139,900Yorkson Creek LR yorksoncreek.com From $179,900

MAPLE RIDGE

Meadows Pointe LR 604.807.2423 From $189,900Signature at Falcon Centre LR 604.477.1500 CallParc Vue LR 604.467.8884 CallReflections LR 604.467.0692 CallRivers Edge LR 604.453.9278 From $157,900Station One LR 778.878.1347 From $164,900Wellington Station LR 604.380.0300 From $189,900

NEW WESTMINSTER

The Sapperton at Brewery District HR 604.525.3941 From $279,900Duo at Port Royal LR 604.520.9890 From $218,900Glass House Lofts LR 604.520.9890 CallGrove, The LR 604.523.0733 CallLookout at Victoria Hill, The LR 605.523.0733 CallParkside at Victoria Hill HR 604.523.0733 CallPortage MR 778.398.1344 CallRiverSky HR 604.523.0733 From $289,900The Royal at Victoria HIll LR 604.523. 0733 Coming SoonWestbourne LR westbourneliving.com Coming soon

NORTH VANCOUVER

x61 LR/TH 604.971.3181 CallAnchor, The HR 604.988.8800 From $379,900Atrium at the Pier MR/TH 604.983.9065 CallAve Boutique Res., The LR 778.985.4676 CallCates Landing LR/TH 604.929.5746 CallCentreView HR 604.988.8540 CallDestiny 2 MR 604.929.1915 From $259,900

Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Townhouse (TH)

CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER

N E W H O M E S A L E S A N D M A R K E T I N G E X P E R T I S EFIFTHAVE.CA

B R I N G I N G P E O P L E H O M E

P R O J E C T T Y P E C O N T A C T P R I C E P R O J E C T T Y P E C O N T A C T P R I C E

BRITISH COLUMBIA’S NEW CONDO DEVELOPMENTS

72 YPNEXTHOME.CA

Cates Landing LR/TH 604.871.4126 CallMaplewood North LR 604.727.1594 From $378,900Northlands LR 604.800.2120 From $244,900Pinnacle Residences at the Pier MR 604.983.9065 CallTatlow LR [email protected] Coming SoonThe Drive 1177 LR 604.986.8138 CallThe Residences at Lynn Valley MR lynnvalleyresidences.com Coming SoonTrophy at the Pier MR 604.983.9065 CallSeylynn Vilage HR 604.980,5000 From Low $300’sSeymour Village TH 604.924.0818 From $699,900Shore, The MR 604.980.0016 From Low $200’sWest Quay MR 604.988.8858 From $469,900

PITT MEADOWS

Cedar Downs LR 778.846.3200 CallLiv42 LR 604.460.6601 From $134,900

PORT COQUITLAM Altura LR 604.552.5887 From $158,900Amanti on Welcher LR 604.657.9288 CallCarmandy LR 604.435.9477 From $209,900Fremont Green LR 604.349.9245 CallOrchid LR 604.866.4206 From $159,900Prima Residences LR 604.945.3999 CallShaughnessy, The HR 604.468.8252 CallSouth Verde LR 604.468.8252 Call

PORT MOODY

Station, The HR 604.492.3338 Call

RICHMOND

Alexandra Court LR 604.278.5809 From $349,900Alfa HR 604.276.2532 CallAvanti LR/HR 604.276.9186 From $359,900Camber LR/HR 604.276.0677 CallConcord Gardens HR 604.233.7748 From $300,000’sElle HR 604.273.1313 From Low $300’s Gardens, The LR 604.271.3331 From $389,900Mandarin Walk LR/TH 604.278.0808 CallOpal at Richmond Centre HR 604.303.7575 From $464,900Ora HR 604.278.8838 CallOrchid by Beedie HR [email protected] Coming SoonOxford Lane TH oxfordlane.ca Coming Soon

Parc Riviera MR 604.231.5900 From Low $200’s

Park Residences at Minoru HR 604.303.8878 Call

Pier, The LR 604.274.7326 Call

Pinnacle Living at Capstan HR/MR/TH 604.303.0148 Call

Pinnacle Living Sorrento MR/HR 604.303.0148 Call

Quintet HR 604.303.8878 Call

Riva MR 604.278.8825 Call

River Green MR 604.233.2633 Call

River Inlet MR/TH 604.233.2633 Call

Tempo HR 604.276.8885 Call

SQUAMISH / WHISTLER

Aqua TH/LR 1.877.344.5566 From $239,000

Elaho TH 604.898.2232 Coming Soon

ParkHouse LR 604.568.5433 From $167,900

University Heights LR 1.888.852.7575 Call

SURREY

3 Civic Plaza HR 604.957.3331 Call

Balance LR tiensher.com Coming Soon

Chroma LR 604.581.5399 From $169,900

Connect LR 778.395.1886 From $118,800

Esplanade at Waterstone LR 604.530.5399 From $219,900

G3 Residences HR 604.453.6688 Call

Evolve HR 604.497.0102 Call

Manarola LR 604.800.9255 From $189,900

Park Ave West HR 604.583.9866 From $250,000

Park Central LR 604.817.5852 From $289,900

Prime HR liveprime.ca Coming Soon

Prime on Plaza HR 604.498.3888 Call

Quattro LR 604.581.8000 From $159,900

Ridge at Bose Farms LR 604.888.514 From $174,900

University District HR 604.588.5795 From $221,900

Verve LR 604.588.3783 From $160’s

Wave HR 604.951.9283 From $291,900

CLOVERDALE

Grove, The LR 604.523.0733 From $279,900

One92 LR 604.576.1772 From $199,900



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. 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]


VANCOUVER & AREA

DOWNTOWN

188 Keefer LR 604.620.2018 CallAddition HR 604.620.6692 From $349,900Burrard Place HR burrardplace.ca Coming SoonThe Charleson HR 604.689.8535 CallEventide LR 604.783.1044 Call Fairmont Pacific Rim Estates HR 604.781.4303 CallMark, The HR 604.687.4353 CallPrivate Residences at Hotel Georgia, The HR 604.682.8107 CallTate Downtown HR 604.568.8283 From $399,900Trump International Hotel and Tower® Vancouver HR 604.568.7888 CallVancouver House HR 604.893.8958 Call

EAST SIDE

188 Keefer HR 604.893.1736 CallEast Park LR/CH 604.879.3257 CallGem, The LR liveatthegem.com Coming SoonKensington Gardens MR 604.620.7886 Call Local LR 604.688.5527 From $349,900Main Street LR 604.877.1116 From $339,900The Oxford LR 604.779.0091 From low $200sParagon MR 604.688.5566 Coming SoonOne Town Centre at River District HR 604.879.8830 $299,900Three Town Centre at River District LR 604.879.8830 $299,900Rhythm MR 604.437.5315 From $364,900Skyway HR 604.436.1100 CallView338 LR 604.303.8838 From $219,900Vya MR 604.559.1070 CallWall Centre Central Park HR 604.874.9232 From $299,900

WEST SIDE

1555 West Eighth LR/MR 604.828.3998 Call35 Park West LR 604.563.8336 Call41 West MR 604.563.8336 Call6th & Yukon LR cressey.ca Coming Soon99 West MR 604.620.8600 From $528,800Aperture LR/TH 604.345.9000 CallArbutus Ridge MR 604.738.0001 CallBinning Tower HR 604.646.1111 From $499,900Block 100 HR 604.682.8801 CallBoulevard Private Residences LR 604.685.5778 From $367,400Cambie Star MR 604.876.9222 CallCanvas MR 604.875.8508 CallCentral HR 604.662.3373 CallCitti MR 604.880.6880 CallThe Creek/Voda HR 604.733.2010 CallEpic at Tower Green HR 604.707.9378 Coming Soon Flora TH 604.418.6809 Call

Granville at 70th HR 604.687.2298 Call

Henry MR 604.715.6060 Coming Soon

Kerrisdale Gardens MR 604.559.9848 From $540,900

Livingstone House LR 604.998.8988 From $639,900

MC2 HR 604.638.9998 Call

Parc 26 MR/TH 604.336.6380 Call

Midtown LR 604.563.3330 Call

Monarch MR/TH 604.568.6883 From $444,900

Northwest HR 604.325.5151 Call

Parc Elise MR/TH 604.336.6380 Call

Park&Metro LR 604.325.8111 Call

Pinnacle Living Broadway MR 604.739.2080 Call

Pinnacle Living False Creek MR 604.874.8368 Call

Prodigy MR 604.221.8878 From high $300s

One Town Centre at River District HR 604.879.8830 Now Previewing

Two Town Centre at River District LR 604.879.8830 Coming Soon

Shannon Wall Centre Kerrisdale LR 604.267.8882 Call

Sota HR 604.671.1025 From 2.5 million

Sterling LR 604.428.8858 Call

The Ivy LR 604.566.5888 Coming Soon

The Leveson LR 604.880.8312 Call

The Laureates HR 604.221.4450 Call

The One HR 604.874.8368 Call

The Spot MR 604.568.6886 From $269,900

Tower Green at West HR 604.707.9378 Call

W10th & Maple MR/TH 604.739.2080 Call

TSAWWASSEN

Brio LR 604.943.8811 Call

Cityhomes LR 604.948.2345 Call

Tsawwassen Springs SF/LR 604.948.HOME Call

WEST VANCOUVER

23rd and Bellevue HR Cressey.com Coming Soon

Evelyn MR 604.922.0330 Call

Galleries on the Bay LR 604.836.7355 From $490,000

Kerrisdale by Cressey LR cressey.com Coming Soon

WHITE ROCK / SOUTH SURREY

Adagio LR 604.531.6659 From $288,900

Beverley MR 604.560.0075 Call

Gemini LR 604.536.1663 Call

Heights, The LR 778.545.8737 From $364,900

Newport at West Beach LR 604.536.0256 From $289,900

Royce LR 604.538.8028 Call

Sausalito LR 604.538.3237 Call

South Point Walk LR 604.560.3238 From $230’s


www.macmarketingsolutions.com We sell the homes you want to buy.

/MacMarketingSolutions @MAC_Marketing /MACMSTube


74 YPNEXTHOME.CA

ONE OF METRO VANCOUVER’S fastest growing

urban hubs, West Coquitlam is a neighbourhood

with exceptional connectivity to everywhere. And

right at the heart of this desirable neighbourhood

is Lougheed Heights, three elegant highrise

residences that represent a partnership between

Bosa Properties and BlueSky Properties — a

community where progressive design is backed

up by a solid reputation, leading insight, and over

50 years of homebuilding experience. In short, it’s

quality you can count on.

Then there’s Lougheed Heights’ proximity to —

well, to everything. Want a few hints? Okay. Let’s

start with shopping at Lougheed Town Centre just

down the road, schools at all levels — including

SFU, Douglas College and BCIT — parks, and transit

including the existing Millennium Line as well as

the upcoming Evergreen Line. “Our

buyers are looking for accessibility, and

Lougheed Heights puts them in the

perfect location,” says Daryl Simpson,

Bosa Properties’ senior vice president.

Dazzling AmenitiesBack at home, the list of unbeatable

amenities continues. “Club BlueSky will

be located over three levels and will

provide over 24,000 square feet of onsite

amenities,” Daryl explains. Here are just

some of the features that are thrilling

homebuyers starting from the outside:

outdoor pool with cabanas, barbeque

area, al fresco dining space, firepits, and

a kids’ play area.

Owners will also have access to a state-of-the-art fitness

centre with gym, sports courts and both sauna and steam

rooms. “There will be a social lounge, formal dining room with

chef’s kitchen, and two acoustically engineered music rooms

for private recitals or practice,” Daryl says. “Since so many of

today’s entrepreneurs are running home-based businesses,

we’ve also included a full business centre with boardroom

and individual workstations. It’s all about making life easier no

matter how you live it.”

Homes to DelightInside, these homes showcase the modern aesthetic. Italian

cabinetry, integrated appliances, a gas cooktop, and quartz

counters give kitchens a distinctly gourmet outlook. Ensuites

are luxurious retreats, and balconies are expansive for

savouring the spectacular views to the North Shore Mountains

or across the Fraser Valley.

“The first, 39-storey tower offers homes ranging from one-

to three-bedrooms, so there are options for first time buyers,

upsizing families, and downsizers,” Daryl says. “And most of

our one-bedroom homes incorporate the transformational

BosaSPACE™ design that’s been so popular at University

District and RiverSky.”

Lougheed Heights will be located at North Road and Foster

Avenue in Coquitlam. Register now to be first in line for

priority access. For more information, visit blueskyproperties.

ca or call 604.939.2677.

LocationCoquitlam

BuilderBosa Properties/ BlueSky Properties

DevelopmentLougheed Heights


Sales Centre104 – 552 Clarke Road

Contactblueskyproperties.ca604.939.2677

Lougheed HeightsA Community on the Rise

“ Our buyers are looking for accessibility, and Lougheed Heights puts them in the perfect location.”—Daryl Simpson

Special Feature

PRICING AND AVAILABILITY SUBJECT TO CHANGE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION CONTAINED HEREIN WITHOUT PRIOR NOTICE. E.&.O.E.

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Spacious TownhomesSTARTING AT $699,900

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WWW.SEYMOURVILLAGE.COM | 604 924 0818590 RAVEN WOODS DR | NORTH VANCOUVEROPEN DAILY 12 - 5, EXCEPT FRIDAYS

NOW SELLING | PURE NORTH SHORE LIVING

BC New Condo Guide - Nov 13, 2015

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Transcript of BC New Condo Guide - Nov 13, 2015