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TIps from our realTors!Meet them on page 10
Office 604.565.0135 Cell 604.716.4201
residential, CommerCial & development opportunities!60+
spring 2012
investment property vs. mutual fundshow to invest your money
p.17
p.09 bank of canadainterest rate decision
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nasser fazli524 sq.ft 1 bedroom & 1 bath
Luxury finishing, open floor planCity & garden views
$419,800
#1406 565 Smithe St, Vancouver
soroush babaeian
jenny wang
610 sq.ft 1 bedroom, 1 bath Fully updated with laminate
flooring
Custom TV unit, open floor plan
816 sq.ft 2 bedrooms, 2 bathsPenthouse at URBA building
Mountain, water and city views
$469, 000
$489, 900
#1003 1188 W Pender St, Vancouver
#2705 5380 Oben St, Vancouver
saleem dhalla750 sq.ft 2 bedroom, 2 baths
Rarely available floor planClose to transit, shopping
$484,900
#409 1212 Howe St, Vancouver
moe khalilbeigi592 sq.ft 1 bedroom & 1 bath
Partial water and mountain viewsMany upgrades
$425,000
#2203 1200 W Georgia St, Vancouver
karim lalji612 sq.ft 1 bedrooms & 1 bath
Penthouse level condo, open plans Views of city skyline
$449,000
#2322 938 Smithe St, Vancouver
tyler gump676 sq.ft 1 bedroom & 1 bath
High-end finishing, laminate Fully renovated suite in trendy
area
$285,000
#104 1420 E 7th Av, Vancouver
thomas chung1,125 sq.ft 2 bedrooms & 2 baths
Adjacent to Olympic VillageClose to shopping and transit
$948,000
#1101 1833 Crowe St, Vancouver
karim laiji1,222 sq.ft 2 bedroom & 2 baths
Well laid-out with luxurious finishingsCity view, close to
everything
$1,215,000
#3401 1028 Barclay St, Vancouver
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tel: 604.728.6898email: [email protected]:
www.cartoccirealestate.com
Paolo Cartocci
1108 Highland Place, W. Vancouver
"Assurance in Real Estate, Confidence in Clients."
SOLD $2,475,000
not intended to cause or induce breach of an existing agency
agreement
Spectacular views from every principal room of this beautifully
appointed traditional home. Recently remodelled and situated on a
quiet child-safe cul-de-sac, bright open floor plan with formal
& informal living, a gourmet kitchen, elegant master &
ensuite, 5 spacious bedrooms, 3 1/2 bathrooms, super games room and
an unparalleled ambiance by use of tasteful up-grades. Truly a most
impressive home!
View! View! View! Unobstructed, immaculate, breathtaking views
of full Ocean, Downtown, West Vancouver, Islands and North
mountains! Over $30K has been invested into renovating this
one-of-a-kind unit including Fir built-in cabinets and dressers
that have been mounted in the bedrooms, living room home-theatre
system and bathrooms. Electric fireplace has been removed and
turned into a mantle to open and intensify the gorgeous view. Dark
laminate floors, stainless appliances and large granite
counter-tops for the perfect cozy-home feel. Well priced for your
first home or RENTAL INVESTMENT OPPORTUNITY located in Central
Lonsdale!
3 Beds 3 Baths9 ft ceiling
2 parking spots & one storage
$1,550,000
3 Beds 2 Baths, 1,413 SqFtNewly renovated
New floorings, carpets, bathrooms
$599,000
1104 1320 Chesterfield Av,N. Vancouver
2 BED, 2 BATH844 SqFT
$619,000
3004 1211 Melville StVancouver
21 251 W 14th StN. Vancouver
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1,917 sq.ft 5 bedrooms & 4 baths Brand new house
Contact agent for more info
$899,000
1410 E 1st St, Vancouversahar barati
1,165 sq.ft 3 bedroom & 2 baths2 story home with
basementContact agent for more info
1,165 sq.ft 3 bedroom & 2 baths2 story home with
basementContact agent for more info
1,920 sq.ft 5 bedrooms & 4 baths Brand new house
Contact agent for more info
$789,000 $789,000
$899,000
3641 Knight St,Vancouver
3643 Knight St,Vancouver
1408 E 1st St, Vancouver
sahar barati sahar barati
sahar barati
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milad khavari ghazal igani2,500 sq.ft 3 bedrooms & 3 baths
Beautiful modern/open penthouse
270 degree view of inlet
2,320 sq.ft 2 bedrooms & 3 baths Fantastic ocean & city
viewsTop-of-the-line appliances
$3,488,000 $3,798,000
#3001 1205 W Hastings St, Vancouver
#3706 1011 W Cordova St, Vancouver
saleem dhalla868 sq.ft 1 bedroom & 2 baths
Nice floor planClose to everything
$544,900
#608 1008 Cambie St, Vancouver
hida zand1,310 sq.ft 1 bedroom & 1 bath Spacious &
meticulously updated
Excellent amenities
$639,900
#903 1790 Bayshore Dr, Vancouver
jenn kwok980 sq.ft 1 bedroom, 2 baths
Luxurious 2-level loft18 ft ceilings, floor-to-ceiling
windows
$498,800
#204 919 Station St, Vancouver
hossein yazdi nasser fazli816 sq.ft 2 bedrooms & 1 baths
Spectacular water and city views
Bright spacious corner unit
1,220 sq.ft 2 bedrooms & 2 baths Executive layout with open
denCompletely renovated in 2004
$750,000 $775,000
#3003 838 W Hastings St, Vancouver
#2101 388 Drake St, Vancouver
irina novinska855 sq.ft 2 beds & 1 bath
Best value in West EndRecently updated, close to beach
$539,000
#202 1819 Pendrell St, Vancouver
hida zand1,174 sq.ft 2 bedrooms & 2 bathsOverlooking Stanley
Park, MarinaHardwood floors, A/C, and insuite
$929,900
#701 1710 Bayshore Dr, Vancouver
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dan preston870 sq.ft 2 bedrooms & 1 bath
Bright and very spaciousClose to everything, view of river
$329,900
#905 200 Keary St, New Westminster
mahmood ahamed1,236 sq.ft 2 bedrooms & 2 baths
Great Town Center locationBedrooms separated on each side
$335,000
#207 74 Miner St, New Westminster
amy nguyen1,242 sq.ft 2 bedrooms, 2 baths
Steps to skytrain, schools, & MetrotownGreat layout with a
large kitchen
$418,000
#202 5078 Irving St, Burnaby
adrian pereira1,234 sq.ft 3 bedroom & 2 baths
SW corner/end unitBright, spacious, quiet
$328,000
#208 8860 No1 Rd, Richmond
sam sahmani981 sq.ft 2 bedroom & 2 bath
Excellent layout, spacious floor-planSought after NE corner unit
with views
$525,000
#606 9133 Hemlock Dr, Richmond
meysam soltani628 sq.ft 1 bedrooms & 1 baths New appliances,
freshly painted
Show room condition$238,800
#309 8451 Westminster Hy, Richmond
adrian pereira1,060 sq.ft 2 bedroom & 1 baths
Newly renovated corner unitClose to mall and transit
$248,000
#328 8860 No1 Rd, Richmond
mike fujimahmood ahamed2,372 sq.ft 4 bedroom, 4 bath
Huge sun deck in very private yardMany upgrades
2,494 sq.ft 5 bedroom & 3 bathTotally renovated, quiet
streetPopular Sunshine Hills location
$598,000$566,000
10963 64th Av, Delta
7024 Barkley Dr, Delta
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kam nouri sahar barati1,720 sq.ft 2 bedrooms & 1 baths
7000 sq ft lot in desirable AmblesidePartial ocean views, close
to everything
3,444 sq.ft 8 bedrooms & 6 baths Large bright rooms,
laminate floors
Radiant heating$1,348,000 $1,299,888
1450 Fulton Av, West Vancouver
7718 Mayfield St, Burnaby
shahin behroyan2,000 sq.ft 2 bedrooms & 3 baths
Luxury apartment, high-end appliancesOcean and city view
$1,536,000
#601 3355 Cypress Pl, West Vancouver
milad khavariiman mogadam iman mogadam842 sq.ft 2 bedrooms, 2
baths
Open concept floor planCovered balcony
618 sq.ft 1 bedroom, 1 bathSteps to skytrain, shopping
Spacious open layout
2,000 sq.ft 3 bedrooms, 3 bathsRenovated home in Roche Point
Sitting on 4520 sq.ft lot$386,000$265,000 $808,000
#314 4833 Brentwood Dr, Burnaby
#1806 1178 Heffley Cr, Coquitlam
3460 Garibaldi Dr, North Vancouver
omid khorsravi omid khorsravi omid khorsravi3,753 sq.ft 6 bed, 6
bath
Single family craftsman style homesWalking distance to shopping,
transit
3,753 sq.ft 6 bed, 6 bathSingle family craftsman style homes
Walking distance to shopping, transit
3,753 sq.ft 6 bed, 6 bathSingle family craftsman style homes
Walking distance to shopping, transit$799,000 $869,000
$854,000
3410 Gislason Av, Coquitlam
3402 Gislason Av, Coquitlam
3424 Gislason Av, Coquitlam
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brad soltani2,706 sq.ft 4 bed. 4 baths
Well-maintained quiet & safe neighborhood
$889,900
123 Maple Dr, Port Moody
farid hosseini667 sq.ft 1 bedroom and bathViews of downtown and
bridge
Close to Capilano Mall, Marine Dr$377,000
#505 1677 Lloyd Av, North Vancouver
shahin behroyan1,700 sq.ft 2 bedrooms & 1 baths
High density 12,236 sq.ft lotHeart of downtown Port
Coquitlam
$1,237,000
2275 Kelly Av, Port Coquitlam
pedram naimioscar barreraBeautifully updated 1 bed 1 bath
Brand new roof and paintWalking distance to tranit, sfu
1,400 sq.ft 3 bedrooms & 2 bathBright & cozy rancher on
corner lot
Vaulted ceiling, fully fenced yard$168,500$325,900
#315 10082 132nd St, Surrey
5748 Emily Wy, Sechelt
arun dua1,283 sq.ft 2 bedrooms & 2 baths
Excellent lot to build your dream home2 blocks away from
beach
$577,000
949 Stayte Rd, White Rock
omid khosravi2,052 sq.ft 4 bedrooms & 1 bath
Beautiful 5 acres, designated heritage5 years of tax
exemption
$675,000
28594 104th Av,Maple Ridge
jeannie gagne jeannie gagne5 Acres Unique Southwest lot
Iron Mountain Golf CourseBuild your dream home!
5 Acres Lot access by half a cul-de-sacUnique shape
Build your dream home!$525,000 $560,000
28702 104th Av, Maple Ridge
28650 104th Av, Maple Ridge
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Mortgage Cheat Sheet 2% 2.25% 2.5% 2.75% 3% 3.25% 3.5% 3.75% 4%
4.25% 4.5% 4.75% 5% 5.25% 5.5% 5.75% 6% 6.25% 6.5% 6.75% 7%$424
$436 $449 $461 $474 $487 $501 $514 $528 $542 $556 $570 $585 $599
$614 $629 $644 $660 $675 $691 $707
Mortgage Rate Monthly Payment (for every $100,000 loan and 300
installments)
The Bank of Canada left its overnight rate unchanged at 1 per
cent for the twelfth consecutive meeting. In the statement
accompanying the decision the Bank noted that while heightened
uncertainty in the global economy has decreased in recent weeks,
global economic growth is likely to remain below trend. The Bank
also noted that it expects Canadian households to add to their debt
burden in 2012, which in the Bank's judgement is the biggest
domestic risk to the Canadian economy. Finally, the Bank is
forecasting slightly firmer inflation than previously anticipated
as a result of reduced economic slack and higher oiler prices.
The Bank of Canada has lately been stressing the word
flexibility in reference to its inflation target which can be read
to mean that it will tolerate inflation above 2 per cent, at least
in the short-run. The situation in Europe along with concerns over
rising Canadian household debt is obviously taking precedence over
mild inflationary pressures in the minds of monetary policy-makers.
Given recent weakness in Canadian labour markets and the extent of
downside risks to the Canadian economy, it is unlikely that the
Bank of Canada will move on interest rates in 2012.
Bank of Canada Interest rate DecIsIonMarch 8, 2012
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michael t. hickey
justin yvon cote
farhood hashemian
mike mehin
sher nima
omid mashinchi
mahmood ahamed
omid khosravi
mohammadvaziri
iman seifi
bita aghahossein
thomas chung
hamidreza ahmadian
saleemdhalla
reza mousavy
mimi lauzon
hida zand
sara nouri kam nourimana erfani
hosseinyazdi
samersahmani
paolo cartocci
farid hosseini
jennifer kwok
maryamhassanian
adam mazaheri
maria belanaic
shahinbehroyan
iman mogadam
leigh walker
jenny wang
christinamodonese
&
naser fazliemilia gonzales
robertpatyk
hossein soltani
shaun raffie mohammadkhalilbeigi
arun duanaghmeh manshadi
david snider
jeremy bakema
farshad nasirbeigi
kiaffar ghaffari
irina novinska
omid tehrani
jan-michael flores
heather kim
ashley cadman
salar sar salari
karim lalji
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managing broker
Soroush Babaeian604.729.4534
ron sanyalhamid teimoori
soroush zonuzi
fayecheveldave
farbodabtin
alan charlton
bruce keshavarz
milad khavari
randy rudland
amir soltani
tesina lejune
mel mcconnell
amy nguyensonia osullivan
farhad sanai naser sardari
steven corcoran
danielpreston
farzad kossari
vince nazaribradsoltani
yuri vlasenko
linda yurechko
alnasir jessa adrian pereira
leiha fiddler
kieth grace
shoichi fujii moyez pirani
shoeleh behinfar
meysam soltani
henry win
mary rose kotyakova
naheed walji
azadeh sazegarian
homayoun taheri
fara ghafari
rashid lalani
oscar barrera
farzin dian
desiree monsurate
britneyfremeau
arash bahmani
elena vinarskaia
tyler gump
pedram naimi
christine xuconrad schwandner
ghazal ighani
arman khabbaz
don ackerman
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Omid's love of houses and real estate extend back over 7 years.
Omid has built many homes on Vancouver Island and in the Vancouver
Area, ranging from mid-range single family units to Luxurious
Homes. Omid has learned the housing business from the "ground" up.
He operates his own building company "M Lux Homes Inc". and acts as
a Project Manager. Several homes in "Sentinel Ridge" Mill Bay area
and West Vancouver proudly wear the "Built By M Lux Home"
badge.
Born in Iran and raised in Germany. Omid has been in Canada
since 1999. He has vast contacts throughout Europe, United States
and the Middle East. Omid fluently converse in several languages
(German and Farsi) in addition to English.
Omid's achievements include membership in the "Medallion Club"
of the Greater Vancouver Real Estate Board. He is continually in
the Top 10% of all Realtors in the Lower Mainland and one of the
top Realtors at
our realtor
Omid Mashinchi
Royalty Group Realty. He started his Real Estate career at
Sutton Group West Coast Realty (West Vancouver) and within a year
he is one of the top agents in his office.
Omid looked for a new challenge and in August of 2010, he joined
the Royalty Group Realty company. Omid has always respected the
professionalism and support that this organization offers their
agents and he looks forward to utilizing this support to take his
business dealings up and over the next "mountain".
Almost a decade in Real Estate Business, Omid has sold hundreds
of homes in the Vancouver and Lower Mainland Area. He has built his
reputation on providing the customer with outstanding service at
all levels. He has strong negotiation skills and believes in
providing excellence in all business transactions.
Call Omid today at 604.771.6996 or email [email protected].
3712 Venables, Burnaby
$948,800
2,217 sq.ft 4 bedrooms & 3 bathsWell kept Vancouver Special
in quite Willingdon Heights with southwest views featuring hardwood
laminate flooring, tiles, granite entry, granite & marble
countertops, new stainless steel (counter depth Jenn-Air) fridge,
new stainless steel Bosch dishwasher, new washer & dryer,
Jacuzzi tub, 2 marble fireplaces, built-in vacuum, alarm &
video camera intercom, radi-ant heat, tile roof, double garage.
Walk out to a beautiful wood deck in your fully fenced backyard
with a private rolling driveway gate. Basement is suitable. Close
to schools, transit, shopping. All measurements approxi-mate, to be
verified by Buyer.
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omid mashinchi854 sq.ft 2 bedrooms & 2 baths Ground floor
with a nice patio
Close to everything$208,800
#121 12238 224 Av, Maple Ridge
omid mashinchi omid mashinchi1,070 sq.ft 2 bedrooms & 2
baths
Mountain + City ViewsWell-designed open floor plan
1,340 sq.ft 3 bedrooms & 2 baths Urban designed townhome,
open plan
Spectacular amenities$438,800 $498,800
#2102 400 Capilano Rd, Port Moody
#15 130 Brew St, Port Moody
omid mashinchi
omid mashinchi
760 sq.ft 2 bedrooms, 2 bathsBrand new corner unit, HST paid
Beautiful city view, close to everything
798 sq.ft 2 bedrooms, 2 bathsHigh-end finishing, appliances
Beautiful city view, close to everything
$596,000
$748,800
#2101 535 Smithe St, Vancouver
#2204 565 Smithe St, Vancouver
omid mashinchi
omid mashinchi
omid mashinchi
omid mashinchi
658 sq.ft 1 bedrooms & 1 bathWaterfront building overlooking
city
Laminated floor, quality finishings
564 sq.ft 1 bedrooms & 1 bathWalking distance to shops,
transit
Prime downtown location
1,174 sq.ft 2 bedrooms & 2 bath 270 degree view of Mt.
Baker
Centrally located, close to transit
982 sq.ft 2 bedrooms & 2 bath Beautifully renovated SE
corner unit
View of False Creek, park
$468,800
$398,800
$528,800
$888,800
#2601 918 Cooperage Wy, Vancouver
#1105 822 Seymour St, Vancouver
#1906 2982 Burlington Wy, Vancouver
#3702 1408 Strathmore Me, Vancouver
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A c c e n t u A t e t h e Q u A l i t y
t: 604.719.3827 | f: 604.569.0568 | www.primehood.com
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801 Vancouver St, Creston
101, 104 - 2801 St Johns & 106, 110, 114 Moody St, Port
Moody
1308 5th Av, New Westminster
Telegraph Trail, Langley
$1,990,000
$2,975,000
$2,690,000
$9,998,000
85 unit senior rental buildingReady to complete, incl. proforma
permits, plans, appraisalPrimary service in place, foundation in
placeVendor Take-back Financing Available
5 Unit Mix Use Strata BuildingEntire Strata Complex including
Strata Corp. BCS2629.Location, Location; Across from the New Ever
Green Line Current Potential Cap Rate is over 4%
Proposed 39 apartment units & 7 townhouse unitsTotal
building area of 49,241 sq.ft72 Parking spaces
91.6 Arces across from the Belmont Golf CourseLargest privately
held Parcel this close to Vancouver Heart of the Diamond Triangle,
a developers dreamSitting on #1 Hwy with two accesses
daniel preston 604.617.5981
alan charlton 604.787.7357
daniel preston 604.617.5981
alan charlton 604.787.7357
Developm
ents
A c c e n t u A t e t h e Q u A l i t y
t: 604.719.3827 | f: 604.569.0568 | www.primehood.com
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michael hickey
moe khalilbeigi
michael hickey
michael hickey
sonia o`sullivanelena vinarskaia
Very profitable & well managedFully accredited programs
Over $150,000/year in profits
Currency exchange and jewellery storeVery busy location, 4 year
lease
High-end, fully decorated
Fitness centre in Pitt MeadowsProfitable & stable
membership
Good long term lease, great equipment
Roofing business in Sunshine Coast20 years of outstanding
service
Net over $150,000/yr
Renovated West End restaurant50 seats, full commercial
kitchen
Liquor license until 1am. Rent $4,900
Desirable fully leased complexSteady customers, 15 years of
goodwill
Super family business
$299,000
$120,000
$400,000
$249,000
$40,000$54,900
Acting School#604 21 Water St, Vancouver
Safe Jewelry1849 Lonsdale Av, N. Van
CONFIDENTIAL
CONFIDENTIAL
CONFIDENTIALGastronom European Deli#154 4800 No.3 Rd,
Richmond
michael hickey
omid mashinchi
Newly built, free-standingLocated in busy stripmallSales strong
and growing
Established Construction company. For more information please
call Realtor.
$149,000
$88,000
Edo Japan#840 3041 152nd St, Surrey
Construction Business889 Harbourside Dr, N. Van
Com
mer
cial
Lis
ting
s
michael hickeyPersonal training & physiotherapy
Equipments includedWell-established, Kitsilano location
$79,900
Kinesiologists#101 2025 Broadway Bb, Van.
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1. Put $80,000 into mutual funds and contribute $650/month
Historical mutual funds rates show youd expect about 6% a year.
End result is $807,600.
2. Put $80,000 towards her mortgage and put $650/month into
mutual funds
She would save $34,000 in interest; get her $80,000 on resale
Earn $450,500 at the end of 25 years on the mutual funds Total of
$565,500
This got me thinking and I crunched some numbers for her and I
came up with another option:
3. Buy an investment property Use the $80,000 to put 20% down on
a $400,000 condo. At
todays mortgage rate your payments will be $1,850/month
including your strata fees and property taxes. It will rent for
around $1,200, which means youll be putting $650 a month towards
it. With a modest growth of 5% a year your condo is worth
$1,355,000 in 25 years. Considering your initial investment and
realtor fees you can expect to net about $1,200,000 when you sell
it. Even after taking into account capital gains tax and accounting
for some vacancy youre still way ahead.
10 years ago a new one bedroom condo was selling for $203,000.
Today, that same condo is selling for $420,000 on average which
means a growth of 7.5% a year. If that trend continues, buying a
newer $400,000 condo today means it could be worth $2,450,000 in 25
years!
Today Month 1... Year 25
1) Mutual Funds -$80,000 -$650 $703,0002) Lump Sum Payment
-$80,000 -$650 $461,5003) Real Estate -$80,000 -$650 $1,200,000
investment property vs. mutual fundsI was chatting with a client
recently around tax time who was deciding what to do with a savings
she had of $80,000. Shes a home owner and is comfortable enough now
to start putting some money away for her retirement. She was
debating two different options.
VISIT my WEbSITE for morE VAlUAblE Info
Ped Naimi PersoNal real estate corPoratioN
t: (604) 345-3339f: (604) 800-0250
vANCOUVERsELLING iN .com
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Incredibly high exposure areaSkytrain, shopping, 8 residential
towersLeases well, great investment
Company works directly within the construction industry
performing both retail sales and service of their product. Price
includes $300K in current at-cost inventory. Seller`s SDE is
>270K with years of historical performance.
$1,145,000
$985,000
Retail Property 683 Abbott St, Vancouver
Building Supplies confidential
soroush babaeian nava manshadi nava manshadiWell established
Franchise Coffee shop
Great location and ExposureHigh revenues and sales
Famous franchise coffee in downtown Priced to sell, unique
opportunity
High income, low rent
Famous franchise coffee in tri-city area High traffic, high
sales, low rent
Long term lease$429,800 $210,000 $485,000
CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL
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Renewal SeRviceS
Kitchenrenovation Bathroomrenovation Flooring Millworking
Painting/Staining Basementremodel Addition Officepartition
Call for your free Consultation!
bathroom renovation for $4999 + taxCall us for more detail
*Special offer is for basic bathroom renovations up to 9x5 in
size and includes changing of tub, vanity, toilet and tile.
Material not included.
Office 604.565.0135 Cell 604.716.4201
