8
VANCOUVER EASTSIDE THURSDAY, MARCH 3, 2016 info@rew.ca • 604-435-7977 REAL ESTATE WEEKLY Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca! GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE Whoʼ s Buying What? A Look at Trends in Vancouver Real Estate Virtual Tour of Michael Jacksonʼ s Neverland Ranch, Listed for $100m Photo Gallery: Stunning Burnaby Home Renovation, Before and After I t doesn’t matter if you’re a first-time buyer or not – the province is focusing the much-needed affordability measures in its 2016 BC Budget towards buyers of newly built entry-level homes, Finance Minister Mike de Jong announced February 16. In an unexpected move, which had been widely predicted to be a cut in Property Transfer Tax (PTT) specifically for first-time buyers, de Jong announced that buyers of new homes up to $750,000 in value will no longer have to pay PTT (although GST still applies), effective February 17. This exemption is available to Canadian citizens and permanent residents only, and is exclusively applicable to primary residences, with strict occupancy requirements. For those who meet the criteria, the change will save buyers of new homes up to $13,000. To help pay for this, the province is raising PTT on homes worth more than $2 million from two to three per cent, on the portion of the value above $2 million. The third major housing initiative announced was the collection of data on foreign ownership. From this summer, everybody buying a home in BC will be required to state whether they are a citizen or permanent resident of Canada, and if they are not, they must disclose their country of citizenship. In corporate property purchases, the directors of the company must disclose their citizenship. However, the announcement did not state what such data would be used for. The budget presentation slides pointed out that this kind of data collection was stopped in 1998 due to “compliance costs and lack of data use” and added that there is now “a consensus that the data are required.” De Jong also said that the BC government would be working with municipalities to “reduce the hidden costs in home purchases, and make those costs clear and transparent to home buyers.” The British Columbia Real Estate Association was quick to respond to the measures, largely offering its support. In a statement, it said, “Collecting and analyzing information on real estate transactions will help the provincial government make fact-based policy decisions. BCREA welcomes this initiative and looks forward to having the data publicly available.” The association was more measured in its response to the PTT changes. “The PTT exemption for new homes up to $750,000 will help stimulate supply of new housing and provide more opportunities for home ownership across the province. This exemption is commendable, however with many new housing projects taking years to complete, it may not have the immediate impact desired by the government.” It also said that the other changes to Property Transfer Tax did not go far enough. “While the new three per cent threshold for properties over $2 million is intended to pay for the new home exemption, the province has missed an opportunity to raise the existing threshold levels to provide broader PTT relief for those who cannot afford a newly constructed home and who are not first time homebuyers.” The association added: “By not indexing the threshold levels, the province ensures that – in an environment of rising home prices – an increasing number of homes will fall within the new three per cent threshold, resulting in a higher tax burden on more home buyers.” It concluded, “The BCREA continues to call on the provincial government to: • Increase the 1% PTT threshold from $200,000 to $525,000; Index the 1% PTT threshold using the MLS® Home Price Index, and make adjustments annually; Index the exemption threshold for the First-Time Home Buyers’ Program using the MLS® Home Price Index, and make adjustments annually.BC Budget 2016: First-Time Buyers Sidelined, Local New Home Buyers Win

VANCOUVER EASTSIDE Mar 3, 2016 Real Estate Weekly

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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 210,000 homes across the Lower Mainland. A total of 5 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.

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VANCOUVER EASTSIDE THURSDAY, MARCH 3, [email protected] • 604-435-7977

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

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

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

properties in your area.

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

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Whoʼs Buying What? A Look at Trends in

Vancouver Real Estate

Virtual Tour of Michael Jacksonʼs Neverland Ranch,

Listed for $100m

Photo Gallery: Stunning Burnaby Home Renovation,

Before and After

It doesn’t matter if you’re a fi rst-time buyer or not – the province is focusing the much-needed affordability

measures in its 2016 BC Budget towards buyers of newly built entry-level homes, Finance Minister Mike de Jong announced February 16.

In an unexpected move, which had been widely predicted to be a cut in Property Transfer Tax (PTT) specifi cally for fi rst-time buyers, de Jong announced that buyers of new homes up to $750,000 in value will no longer have to pay PTT (although GST still applies), eff ective February 17. This exemption is available to Canadian citizens and permanent residents only, and is exclusively applicable to primary residences, with strict occupancy requirements. For those who meet the criteria, the change will save buyers of new homes up to $13,000.

To help pay for this, the province is raising PTT on homes worth more than $2 million from two to three per cent, on the portion of the value above $2 million.

The third major housing initiative announced was the collection of data on foreign ownership. From this summer, everybody buying a home in BC will be required to state whether they are a citizen or permanent resident of Canada, and if they are not, they must disclose their country of citizenship. In corporate property purchases, the directors of the company must disclose their citizenship.

However, the announcement did not state what such data would be used for. The budget presentation slides pointed out that this kind of data collection was stopped in 1998 due to “compliance costs

and lack of data use” and added that there is now “a consensus that the data are required.”

De Jong also said that the BC government would be working with municipalities to “reduce the hidden costs in home purchases, and make those costs clear and transparent to home buyers.”

The British Columbia Real Estate Association was quick to respond to the measures, largely off ering its support. In a statement, it said, “Collecting and analyzing information on real estate transactions will help the provincial government make fact-based policy decisions. BCREA welcomes this initiative and looks forward to having the data publicly available.”

The association was more measured in its response to the PTT changes. “The PTT exemption for new homes up to $750,000 will help stimulate supply of new housing and provide more opportunities for home ownership across the province. This exemption is commendable, however with many new housing projects taking years to complete, it may not have the immediate

impact desired by the government.”It also said that the other changes

to Property Transfer Tax did not go far enough. “While the new three per cent threshold for properties over $2 million is intended to pay for the new home exemption, the province has missed an opportunity to raise the existing threshold levels to provide broader PTT relief for those who cannot aff ord a newly constructed home and who are not fi rst time homebuyers.”

The association added: “By not indexing the threshold levels, the province ensures that – in an environment of rising home prices – an increasing number of homes will fall within the new three per cent threshold, resulting in a higher tax burden on more home buyers.”

It concluded, “The BCREA continues to call on the provincial government to:• Increase the 1% PTT threshold from

$200,000 to $525,000;• Index the 1% PTT threshold using the

MLS® Home Price Index, and make adjustments annually;

• Index the exemption threshold for the First-Time Home Buyers’ Program using the MLS® Home Price Index, and make adjustments annually.”

BC Budget 2016: First-Time BuyersSidelined, Local New Home Buyers Win

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

cell: 604.818.1329shesellsvancouver.com | [email protected]

ALYSSE ROGERS

Sutton Group - West Coast Realty 301-1508 Broadway

JUST LISTED

OPEN HOUSE Sat March 5th, Sun March 6th 2-4 pm

1549 Bowser AvenueOffered at $788,000

DOWNSIZE OR UPSIZE - Works for All!Move in ready! Beautiful 3 (easily 4) bedroom townhouse with a renovated kitchen that appeared in Houzz.com Over 1850 sq ft. END corner unit which means more windows, more light and way more outdoor space. BBQ all year round on your 255 sq ft covered patio while guests enjoy the West facing sunsets over Norgate park. Tons of storage, rec room, full laundry room, and front and back doors. This truly feels like a house without the million $ plus price tag. North Shore offers great community, schools and lifestyle for all ages. Convenient location: easy to get downtown.

Visit my website for floor plan and more photos.

Sutton Group - Seafair Realty

“A NAME EASY TO RECOMMEND”

[email protected] MASTER

Salim Shivji 604.328.3521Salim Shivji 604.328.3521

JUST LISTED! $1,199,000

PERFECT YOUNG FAMILY HOME!Everything is done! Superbly updated and in mint condition! Main floor features a living area with gleaming original hardwood floors, contemporary kitchen with eating area, dining area leading onto a huge 400 SQ. FT sunny deck with view of North Shore Mountains and 2 good size bedrooms. Plus, a very nicely finished lower floor walk out basement area that is self-contained. Gorgeous designer colours throughout. The place shows beautifully with plenty of sunlight! Approx 35' X 100' lot.. Double garage too! The home is located in a very desirable Fraser neighbourhood in Vancouver East. Steps to Sir Alexander Mackenzie Elementary and public transit. All in all a fabulous home! Nothing to do but move in!!

5606 CHESTER STREET, VANCOUVEROPEN SAT 2 - 4 PM

MARKET FRESH! $738,800

"SOUTHWIND" - SUPER IRONWOOD LOCATION!Outstanding larger Deluxe Townhome in very desirable "SOUTHWIND"! 6 years young & meticulously maintained by current owners! Over 1,560 sq.ft. Living area, featuring a Great Room Concept floor plan, Living/Dining with feature Gas Fireplace, Gourmet Kitchen with Adjoining Dining/Family area, High end Energy Efficiency appliances, All Designer colour schemes throughout, and so on! 4 Bedrooms, 2.5 Baths & a Huge Side by side Double Garage plus additional parking for 2 more vehicles! The features list is too long - Call for more details & come see this gorgeous unit at our First Open Sunday!

#19 - 10711 NO 5 ROAD, RICHMONDOPEN SUN 2 - 4 PM

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

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

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

MASTERDiamond Master

Medallion

ROYAL PACIFICR E A L T Y

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

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

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

- A quality built 1745 sf duplex under construction

- 3 bedrooms at above, living room, dinning room, kitchen, 2 bedroom suite at basement

- 3.5 bathrooms,granite counter top, maple wood cabinets, hardwood floor, HRV system, inter-telecom

- Single garage

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

5508 Dundee St.-5502 Dundee St. $1,275,000

NEW LISTING $1,225,000

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

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

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

3007 East 6 Ave.

NEW LISTING $2,238,000

- Spacious 2-storey, 2180 sf, back duplex

- The unit features 5 bdrms & 3.5 baths

- Kitchens, living room, family room

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

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

5492 Dundee Street

NEW LISTING $1,255,000

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

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

maple wood kitchen cabinets- Radiant heat & HRV system,

high efficiency heating system, garage

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

2359 E. 41 Ave., Vancouver

$1,165,000

west coast realty604.714.1700

26 West 14th Ave $1,199,000

Open House Saturday & SundayMarch 5 & 6th, 3 - 5pm

Bright & spacious 1550 SF this top fl oor Victorian, heritage-style conversion townhouse located on a quiet tree lined street. The main fl oor open fl oor plan kitchen has a polished granite counter and breakfast bar which looks onto the dining area with south facing windows & a south deck.

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

www.vancouverres idence.com

LORNE GOLDMAN604.263.1911

lorne@vancouverres idence.com

Personal Real Estate Corporationrporation

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

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

LAN 3447 WILLIAMS ST. $1,399,000

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

JIN BAGRYJIN BAGRY604-644-0495604-644-0495

SAM BAGRYSAM BAGRY604-761-1664604-761-1664

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

Top 1% of all Realtors for 2014/2015 with over 200 Homes sold in 2 years!

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

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

NEW LISTING $1,499,000

LOT 3,307 S.F.

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

NEW LISTING $1,688,800

LOT 11,335 S.F.

3807 LANARK ST.• 2 levels with 3 bedroom & 2 1/2 bathrooms• Central Cedar Cottage neighbourhood• Charles Dickens Elem. & Charles Tupper Sec.

catchment• Stainless steel appliances, granite countertops• Views of the North Shore mountains

NEW LISTING $999,000 EACH

LOT 4,026 S.F.

1160 / 1188 EAST 12th AVE.• Built 2015, 2 Storeys, 1,164 s.f each• Open concept layout, 2, 5, 10 year warranty• Top quality built front and back duplexes. • Each has 3 bedrooms, 3 baths, 1 car garage• Central location, minutes to downtown • Granite counters, crown mouldings

NEW LISTING $838,000 each

OPEN SUN 2-4 PMOPEN SUN 2-4 PM

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

back lane 600 sqft

NEW LISTING $999,000

LOT 7,250 S.F.

7 RANELAGH AVENUE7 RANELAGH AVENUE• LOT VALUE!• It's on the higher side of popular Capitol Hill• Minutes drive to park, Ecole Capital Hill

Elem., Burnaby North High school, SFU• GREAT BUILDING LOT!

NEW LISTING $1,199,000

LOT 33X121

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

(#301)• Upper fl oor 2 bed + 2 full baths, north

facing (#304)

NEW LISTING $349,000 each

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

NEW LISTING $2,488,000

LOT 33X117.5

COMING SOONCUSTOM BUILT HOUSEBUILD TO SUIT

$838,000 each

1170 / 1178 / 1180 EAST 12th AVE.

NEW LISTING

SOLDSOLD

$838,000 each

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

NEW LISTING

SOLDSOLD

2 LOTS - 33.5 X115 each

677 E. 59th AVE.

$1,050,000

2914 & 2920 W. 41st AVE.

$1,760,000

1468 E. 21st AVE.

$1,760,000

1626 E. 51st AVE.

$1,349,000

SOLDSOLD

SOLDSOLD

604.263.2823bobbracken.com

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

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

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

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

COMMERCIAL DR 8 UNIT APARTMENT BLDG

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

COMMERCIAL DRIVE 3 SUITE HOUSE

2049 VENABLES STREET2049 VENABLES STREET• Big Commercial Drive Area 3 Suite House• 1X2 Level 3 Bdrm Suite, 2X1 Bdrm Suites• 33’X122’ RS-1 Lot, Nice Quiet Street• Investors, Owner-Occupiers Asking $1,299,000

MOUNT PLEASANT 4 SUITE HOUSE PLUS

975 EAST 11TH AVE975 EAST 11TH AVE• Character, 2700 SF, Multifamily, 4 Suite House “Plus”• 2X1 Bdrm, 1 Bdrm & Den, Bachelor & Add’l Studio• Updated, Inc $60,240/yr, Potential Inc $72,000/yr• Investors, Owner-Occupiers Asking $1,699,000

MT PLEASANT MULTIFAMILY FIXER UPPER

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

MOUNT PLEASANT BIG INCOME PROPERTY

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

REAL ESTATE WITH CASH FLOW CALL BOB

HOUSES WITH SUITESDUPLEX, TRIPLEX, FOURPLEX

5PLEX, 6+ UNITSAPARTMENT BUILDINGS

LAND FOR RE-DEVELOPMENTIF YOU ARE THINKING OF

SELLING OR BUYINGINCOME PROPERTIES

CALL BOB BRACKEN 604-263-2823

NEWLISTING!

NEWLISTING!

NEWLISTING!

4+UNITS!

4UNITS!

3UNITS!

5+UNITS!

CAPRATE4.1%!

8UNITS!

SOLDOVER ASK!

REW.ca » VANCOUVER EASTSIDE » THURSDAY MARCH 3, 2016 5•

$1,389,900

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

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

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

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

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

HASTINGS SUNRISE – UNIQUE CHARACTER HOME WITH NORTH SHORE VIEWS

“Your East Vancouver Real Estate Experts!”

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

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

Lisa MacIntosh Diane Kunic-Grandjean

$1,389,9002520 TRIUMPH ST. NEW LISTING $874,900Ocean, mountains & city views from this 2 bed, 2.5 bath NE corner townhouse on two levels located a block away from Kits beach (North of 4th). Sweeping views from every angle of the open concept top fl oor with its well-appointed kitchen and adjacent spacious dining room, comfortable living room with ca-thedral ceiling & skylight. Cozy up in from of your wood-burning fi replace while enjoying your views through large windows & French doors opening onto one of your two large covered balconies. Downstairs offers the master bedroom w/ ensuite & views, a guest bedroom w/ custom built Murphy bed & desk. Both bedrooms access your 2nd covered bal-cony. 1 pkg & 1 big storage, minutes away from all that Kitsilano has to offer! This is com-fort living at its best. 13-1620 BALSAM ST.

OCEAN, MOUNTAINS & CITY VIEWS, 2 BED,2.5 BATH TOWNHOUSE, 1 BLOCK FROM KITS BEACH

BEST HIDDEN GEM IN MOUNT PLEASANT –2 BDRM, 1.5 BATH, 2 BALCONIES & 2 PARKING!

Best hidden gem in the heart of SOMA! Positioned on the North East & West corner with city & mountain views, this 2 bedroom unit is fi lled with natural light coming through windows on all 3 sides! An entertainer’s delight with its well-appointed modern kitchen opening onto a large dining area & a very roomy living room with gas fi replace & balcony perfect for BBQing (bring your house-sized furniture). Spacious master bedroom with its own 2 piece en-suite, and a 2nd guest bedroom with access to a large balcony. Both bedrooms are set away for utmost privacy. Bonus: 2 parking! In-suite laundry, lots of in-suite storage, separate storage locker and pet-friendly, all in a very well-cared for building with depreciation report, roof (2010) & exterior paint (2012). 202-2621 QUEBEC ST.

$599,000NEW LISTING

$ 1,298,000

1756 E 13th Ave, Vancouver

3 Beds/4 Baths - Half Duplex HRV/Security System/Video Camera Covered Area - 1608 Sq.Ft.

Radiant Heating All Appliances includedAll Window Coverings included

Walking distance to Schools Walking distance to Trout Lake Walking distance to Commercial Drive

OPEN HOUSESat, March 5 - 1pm to 4pmSun, March 6 - 1pm to 4pm

CHARACTER, CLASS & STYLE!

Brand N

ew L

istin

g

RON BASRA

Select Realty

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

Each Office independently owned & operated

604.230.9899CATHIECLINE.COM

SKIPSHOMES.COM

604-263-1144

DEXTER ASSOCIATES REALTY

OPEN SAT/SUN 2-4PM340-2390 McGill St. $249,900 Affordability within a short

distance to downtown! Come check out this top fl oor corner unit, 1 bed, 644 sq.ft. apartment with views to downtown Vancouver. Complete with vaulted ceilings and patio with a view, 1 parking and 1 storage locker.

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

Waterfront Estate on Shuswap LakeHome on the lake in a Recreation paradise East of Kamloops

w/2 guest homes & storage buildingsHuge lawn for garden / sports2 titles included so BUY with

friend or relative

Details: Bill [email protected]

604-230-9392

Google: 829 Armentiers Road, Sorento, B.C. online

Sterling RealtyINDEPENDENTLY OWNED AND OPERATED

Tour the lake in

your own boat

Large 4 bedroom home on 3.2 acres

Registered Dock with Boat Launch, Float Plane Tie Up, 126’ frontage

& sandy beach

$2,200,000 CAD$2,200,000 CAD

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

FINELY CRAFTED ANDINDIVIDUALLY CURATED HOMES

With 4 homes and acoach house, THE COLUMBIA

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

garden suites, two 3 bedroomhomes above and one 2 bedroom

and den coach house.

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

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

Details include:

– Completion date Spring 2016 –

Quality built byCall for more details

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

ASSSOCIATES REALTY

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

PRE-REGISTER at liveatcolumbia.com

New Recreation Home @ Whiskey Jack Golf Resort,Sparwood, B.C. Asking $469,000 CAN.

Be part of new Golf Course Development with new 2266 sq.ft. 3 bedroom on 2 levels which could have

added security of legal suite &rental of $1,400 per month.

Details: Bill Babcock [email protected]

Google: 2075 Golden Eagle Drive, Sparwood, B.C.Sterling Realty

INDEPENDENTLY OWNED AND OPERATED

Skifernie.com

Hikethe Rockies

Fish in Elk River

www.dexterrealty.com

604-689-8226 Yaletown

604-336-3539 Main Street

604-263-1144 KerrisdaleTaking our

Listings Global

The True Meaning of Luxury

NOT ON MLS! $1,599,000

3 bed penthouse in the heart Van-couver with exquisite views of downtown & mountains. Private rooftop patio. Extremely rare op-portunity (not even listed on MLS) - avoid bidding wars by acting fast! Assignment, call for details.

1806 - 1695 Main Street.

LISA FINDLAY 778-378-8090

868 KINGSWAY $355,000

Location, location, location! Wake up to fabulous North Shore mountain views in this newly renovated 2 bed/2 bath condo just minutes away from downtown. DONʼT MISS THIS GEM OF A HOME! 309-868 KINGSWAY.LISA FINDLAY 778-378-8090

REW.ca » VANCOUVER EASTSIDE » THURSDAY MARCH 3, 2016 7•

METRO EDGE REALTY RECRUITING REALTORS

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Amazing New Real Estate Company is Already Exploding For All the Right Reasons

We opened our company December 1st 2015 and in 2 short months this is what happened.

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Email: [email protected] Website: www.metroedge.ca

604 • 368 • 5669DEAN DYMONT Managing Broker

• Open 60 days and 61 agents have joined us

• 29 sales in January & 37 new listings

• 4 high producing teams have joined us

• Launched our agent Training Program with 13 training days in February

• Held first big training workshop which over sold twice (standing room only)

• Secured 3 locations (2 in Richmond and 1 in Surrey)

• Currently looking for 4 other locations (North Shore, Vancouver, Burnaby, Coquitlam)

• Launched our exclusive Mentor Program for new agents

• Launched our exclusive Community Based (Farm Marketing) Strategy

• Secured building and building financing divisions

• Finalizing details on Property Management Division

www.normflockhart.com

NORM FLOCKHART(604) 261-7275

13 Year Member of MLS Medallion Club

PREC

$1,235,000

1911 CHARACTER HOME!QUIET, NON-THRU STREET!

This home features 2 BR's on Main, full bath, LR/DR combo & Kitchen w/pull-out drawers, swing storage, wine rack & pantry. Den or offi ce space in Attic. 1 or 2 BR ground level suite. Sunny west-facing deck & yard. 33' x 110' lot. 5325 Chester Street.

$305,000

OVERSIZED 1 BR UNIT!OVERLOOKS PRETTY GARDENS!

772 sq.ft. in this 1 BR & Conservatory/Den ground level suite! Open plan living room/dining room combo. Gas fi replace, insuite laundry & 1 semi-ensuite bath with soaker tub. Pets/Rentals OK! $305,000. #106-2405 Kamloops Street, Van.

OPEN SAT 1-3!

OPEN SUN 1-3!

CornerLot

Vibrant Commercial Drive! 4 bdrm family home offers easy access to shopping, transportation and the downtown core. Live in, renovate or hold for future development. Top floor: 3 bedrooms, laminate and tile floors, enclosed deck with cedar finishing. Ground level bottom floor: spacious rec room, kitchen, bedroom and utility area.

NewListing

$1,498,800

SO

LD

SO

LD

To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, fi nancing and comparative properties in your area.

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LOOKING TO BUY OR SELL A HOME?

LAURA NAPUTI604.446.5324 • www.laurasellshomes.ca604.446.5324 • www.laurasellshomes.ca

Nicely updated 1957 Bungalow; 3 bedrooms upstairs and 2 bedroom suite in basement currently rented for a combined $3,500/ month. Original hardwood fl oors have been restored. All new double windows and Energy upgrade in 2010 including new furnace and insulation. Beautiful wooden deck and detached garage in fenced backyard. Almost 5,000 sq. ft. lot (42.74 x 114.96) with lane access.

OPEN HOUSE SUNDAY 2-4 PM2226 E 1st Avenue – Price Reduced $1,288,000

Westside

GORDON LEGGServing for 33 Years

Helping OthersBuy and Sell Their Homes

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

604-816-9224

961 S.E. Marine DriveNEW LISTING $1,950,000

• 2 Legal Lots• 32.62 x 106.85

• 32.62 x 106.46• Call for details

GORDON LEGG 604-816-9224

33 YEARS OF SUCESSFUL

REAL ESTATE SALES

GORDON LEGGRoyal LePage Westside

WHAT'S YOUR HOME WORTH?

604-816-9224 (cell)

604-263-8800 (off)

VANCOUVER EASTSIDE

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

Looking for a newhome? Start here.

T H U R S D A Y , M A R C H 3 , 2 0 1 6

I n P r i n t > O n l i n e > Y o u r c o m p r e h e n s i v e s o u r c e f o r l o c a l r e a l e s t a t e n e w s a n d l i s t i n g s

Investment in home build-ing in BC increased nearly 12.6 per cent year over year

in December to $713 million, according to Statistics Canada fi gures released February 22.

Single-family home construc-tion saw the largest total invest-ment of the four property types at $327 million, a rise of 4.9 per cent compared with December

2014, although this was a sea-sonally predictable drop of 9.2 per cent month over month.

Multi-family construction in the province was a close second in total investment at $303 mil-lion spent in December. But this fi gure was again a much steeper pace of annual growth, at 25.5 per cent more than December 2014. The fi gure was a decline

of 10.1 per cent compared with November.

Although spending on town-house and row home construc-tion is much lower, the fi gure keeps rising steadily, up 15.6 per cent year over year to $62 mil-lion in December. This was fall of 15.4 per cent from November 2015.

Continuing the trend of the last several months, the only new home type to see an annu-al decline in investment in December was duplex housing, spending on which fell nearly 19 per cent year over year to total less than $23 million, a

slight rise of 2.3 per cent from November.

As usual, the province’s total $713 million new home construc-tion spend was once again the third-highest dollar fi gure in the country, after Ontario and Alberta.

BC’s 12.6 per cent annual increase in December was again the second-sharpest rise in new home investment, with only Ontario outpacing the province, as Alberta’s total was a near-16 per cent drop compared with December 2014.

Across the country, investment in new home building rose at a much more moderate pace than BC’s, with its total of $3.9 billion in December a rise of 4.8 per

cent from the same month a year earlier and a drop of 10.2 per cent compared with November.

As with last month, the stron-gest growth in Canadian con-struction investment was seen in multi-family home buildings, which rose nearly 24 per cent year over year. There was also some increased spending on townhomes and row homes, up 3.4 per cent since the previous December.

Statistics Canada yet again reported notable year-over-year declines in nationwide spend-ing on single-family housing and duplexes, with investment in these homes dropping 3.4 per cent and 16.2 per cent respectively.

BC’s New Home Construction Spending Sees Warm December: StatCan