Categories
 
I have listed a new property at 109 1 CORDOVA ST E in Vancouver.
Stunning ground level loft with soaring 14ft ceilings. Renovated kitchen and bathroom including polished concrete floors, natural brick feature wall and mezzanine bedroom area with seamless glass railing. Extremely stylish décor and open concept gives this quaint space a very grand feeling. Floor to ceilings windows let in excellent light and the exposure to the rear of the building is private and opens to a large patio space. The Carrall Station is a well run building in the heart of Gastown. Excellent opportunity for an investor or first time buyer. Pets and rentals are allowed. 1 parking included. Nothing to do but move in.
Read Full Story
I have sold a property at 2109 131 REGIMENT SQ in Vancouver.
Amazing location in the heart of downtown! Tenant occupied property provides great income ($1725 p/mo) w/ great tenant! Ideal home for those who want to live close to the action. Features an efficient layout, balcony with partial mtn/water views, laundry & in-suite storage that can be transformed into a small office/ study space. Regiment Square feels like a calm oasis amongst the hustle & bustle of Vancouver’s vibrant downtown core. Great entertainment, shopping, restaurants & nightlife are within a short walk. Costco, Rogers Arena, BC Place and Skytrain are steps from the front door of this awesome complex. Top notch amenities incl. theatre, entertainment room, gym, sauna, steam room, whirlpool & a beautifully located lap pool overlooking the lights of BC Place.
Read Full Story
I have listed a new property at 1365 GLENBROOK ST in Coquitlam.
Minimize your environmental footprint w/this super-efficient, ultra-modern, uber-chic, West Coast Contemporary on 6997sflot in Burke Mtn. 4 bdrm, 3 baths (all w/quartz & undermount sinks, Grohe fixtures). Main floor open great rm concept, huge gourmet kitchen w/Bosch appliances overlooks dining area w/wall to wall Eclipse folding door system & great rm w/20' ceilings & gas f/p. Engineered White Oak hardwood throughout, 3 bdrm & laundry up (Whirlpool front loaders), Master w/5pc ensuite. Factory built steel home custom designed & delivered to site. Ext hardy plank & steel frame w/highly efficient spray foam insulation. Other features: heat pump w/high efficient furnace, led lighting throughout.
Read Full Story
I have listed a new property at 1946 15TH AVE W in Vancouver.
Kitsilano’s heritage resonates throughout this highly coveted neighbourhood bordering the First Shaughnessy District and walking distance to Van Lawn & Tennis Club. This designer inspired, contemporary renovation captures the west coast lifestyle by emphasizing wonderful natural light, two decks for views and sunshine, continuous hardwood flooring, stainless steel appliances and a very functional floor plan. With over 2000 sq. ft. of living space, this sublime townhome offers a myriad of different living arrangements to showcase its ambience and inspire entertaining. Kits Beach and Downtown are 5 - 10 minutes away and Broadway and 4th Avenue shops, bistros and services are all walkable. Once inside, you'll know you've arrived! OPEN HOUSE SUNDAY, NOVEMBER 22ND 2:00PM - 4:00PM.
Read Full Story
I have listed a new property at 602 131 REGIMENT SQ in Vancouver.
Proud to present one of the nicest units in spectrum, new 2015 updates include high-end Brazilian granite counter tops, European engineered hard wood flooring, all newer S/S appliances, blinds and much more. This floor plan is designed to maximize your contemporary open living space and yet gives enough privacy to everyone. Comes with 1 good size covered parking and excellent recreation facilities plus concierge. Great investment property and currently rented at $3500 per month and tenants are leaving Dec 31. Steps away to costco,skytrain,yaletown! Extra clean, easy to show! Open house NOV 21th and Nov 22th(2-4pm).
Read Full Story
I have listed a new property at 604 53 HASTINGS ST W in Vancouver.
PENTHOUSE SUITE in THE PARIS BLOCK with private rooftop deck. Stylish Heritage Conversion building by The Salient Group. Great loft featuring over height ceilings, brick walls, heritage windows, & polished concrete floors. Sleek fully integrated kitchen with SIS countertops & backsplash, Heatherbrae white lacquer cabinets with white glass upper cabinets . All high-end Miele appliance including gas cook top. Front load full size washer/dryer, glass & slate tile in bathrooms. Custom millwork closets & designer roller shades. Enjoy your own private rooftop deck with gas fire pit, one parking & storage. Situated in the heart of historic Gastown.
Read Full Story
I have listed a new property at 2415 29TH AVE E in Vancouver.
Custom built 3 level family home with Laneway House, located on the corner next to lane with Bright and beautiful MOUNTAIN & CITY VIEWS! Gleaming porcelain tiled flooring thru-out, Large windows for added light, modern Tuscan style kitchen with Granite Counters, FULL Wok kitchen, and both kitchens equipped with Stainless Steel appliances. Excellent convenient location, just minutes to sky train and public transit to UBC and Metrotown. Fully fenced private yard. A/C, HRV and hot water Radiant flr heating thru-out. 2-5-10 warranty.
Read Full Story
I have listed a new property at 4583 WINDSOR ST in Vancouver.
The house with the white picket fence you've been waiting for! Completely renovated, 3 level character house offering 4 bedrooms and 3 bathrooms on a 30' x 118.65' lot. Bright open kitchen with island, marble counters, undermount sink, stainless steel appliances and five burner stove. Opens onto deck with sunny western exposure. Spacious dining and living rooms. Character features include wide plank floors, large baseboards and extensive use of crown moulding. Basement has an abundance of natural light offering 2 bedrooms, 4 piece bathroom and kitchen area, easily transform into a mortgage helper. Big backyard fenced and ready for kids and dogs. Located on a quiet street close to parks, transit and Main St.
Read Full Story

Investor clients are now looking for ways to maximize their rental return and one of the more popular ways to do that is through sites like VRBO and Airbnb.  The issue with these short term rental options are that stratas are starting to shut them down, or fine home owners who they find to be using them.  Buildings such as the Woodwards building are fining short term rental owners $200 for each infraction that they catch.  With this being said if you were to look on Airbnb you would quickly realize that there are still numerous options in the building.  

 

Acting on behalf of investors I try to find ways around this or at least educate my clients that this may not be a long term plan.  What I find is that you can often get away with short term rentals in the first few years of a building or if you have your own front door, such as a townhome or ground floor unit.  It becomes more difficult as the stratas get in place and complaints start to happen.  There are a few buildings in Vancouver that are known to be more lenient on short term rentals and we can look at those as well.  

 

One area that is extremely profitable in this market is Olympic Village.  With huge nightly rental rates, proximity to the sky train and downtown, and a variety of new buildings I see this as a great place to try your luck at short term rentals.  With that being said, be prepared that you may get shut down and need to convert to either a 3 or 6 month rental period.  

 

Good luck fellow investors and happy hunting!

Post CommentComments: 0Read Full Story
I have listed a new property at 329 383 37TH AVE E in Vancouver.
Main & 37th - Large 1 bdrm & den at Magnolia Gate, steps from Queen E Park. Bldg has been Rainscreened (by Developer) & is managed extraordinarily by its pro-active strata. Gorgeous unit w/9ft lofty ceilings, large kitchen, gas fireplace, and beautiful patio overlooking the quiet courtyard w/magnolias & serene water feature. This suite has so much space to enjoy - over 750 sqft, huge den & great living areas - all w/radiant in-floor heating. Bldg offers: guest suite, gym, sauna, hot tub, hobby shop, crafts room & more. 1 prkg & huge storage locker incl. 1 cat or 1 dog welcome. Possible investment opportunity - Suite is currently rented and tenants would like to stay. Pleasure to Show - Call for your apt (24hrs notice please). Open Saturday/Sunday NOV 14/15 from 2-4pm.
Read Full Story
I have listed a new property at 519 7TH AVE E in Vancouver.
Have you been looking for the perfect spot to call home? This spacious 2 level 2 bed 2 bath end unit has everything you are looking for. Exceptional layout on the main floor w/ Gourmet kitchen, gas range, granite counters and ss appliances. Surround sound throughout the main and custom glass railings in the staircase. Cherry hard wood floors set off the 9 ft ceilings which add lots of volume to the space. You have your own front door and the unit runs the full length with windows on front and back. Small balcony off kitchen for bbq. Upper has good size bedrooms with custom closets and a huge 300 sqft private rooftop patio over looking the city, mountains, and water. Across from Guelph park and a few blocks from Main st.
Read Full Story
I have listed a new property at 1029 12 AVE E in Vancouver.
Stunning character home beautifully renovated in 2006. While maintaining the integrity of times past we are brought into the now with modern touches. Fir floors, refinished wood doors & windows, stained glass, formal entry w/ original staircase, 9 ft. ceilings, curved archways etc. Main has formal living rm, pocket doors to gorgeous modern kitchen & dinrm with f/p. Just think dinner parties w/ the f/p on or head out back to the deck & hot tub. Up has 3 bedrooms highlighted by huge master w/ ensuite & priv deck w/ mountain views. Down are 2 suites w/ good height that would make great Airbnb rentals. Easy care yard in front, private spaces in the back & a newer double garage complete the package. This is a really nice character home the likes of which are rarely seen anymore.
Read Full Story

Metro Vancouver home buyers push October sales above long-term averages


Home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a 19.3 per cent increase compared to the 3,057 sales recorded in October 2014, and a 9 per cent increase compared to the 3,345 sales in September 2015.
Last month’s sales were 36.2 per cent above the 10-year sales average for the month.
“Home sales are more than one-third above what’s typical for this time of year yet the supply of homes for sale is the lowest we’ve seen in five years,” Darcy McLeod, REBGV president said. “This activity has created favourable market conditions for anyone considering selling their home today.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,126 in October. This represents an 8 per cent decline compared to the 4,487 new listings reported in October 2014.
The total number of properties listed for sale on the real estate board’s MLS® is 9,569, a 30 per cent decline compared to October 2014 and an 11.4 per cent decline compared to September 2015.
This is the lowest active listing total in Metro Vancouver since December 2010.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $736,000. This represents a 15.3 per cent increase compared to October 2014.
The sales-to-active-listings ratio in October was 38.1 per cent. Generally, analysts say that downward pressure on home prices occurs when the ratio declines below the 12 per cent mark, while home prices often experience upward pressure when it reaches 20 per cent, or higher, in a particular community for a sustained period of time.
Sales of detached properties in October 2015 reached 1,437, an increase of 13.1 per cent from the 1,271 detached sales recorded in October 2014, and a 34.7 per cent increase from the 1,067 units sold in October 2013. The benchmark price for a detached property in Metro Vancouver increased 20.1 per cent from October 2014 to $1,197,600.
Sales of apartment properties reached 1,543 in October 2015, an increase of 21.7 per cent compared to the 1,268 sales in October 2014, and an increase of 40.5 per cent compared to the 1,098 sales in October 2013. The benchmark price of an apartment property increased 11.4 per cent from October 2014 to $425,800.
Attached property sales in October 2015 totalled 666, an increase of 28.6 per cent compared to the 518 sales in October 2014, and a 34.3 per cent increase from the 496 attached properties sold in October 2013. The benchmark price of an attached unit increased 9.3 per cent between October 2014 and 2015 to $526,700.

 

 

For full stats package click here

Post CommentComments: 0Read Full Story
I have listed a new property at 3478 Porter ST in Vancouver.
LATITUDE - 8 modern townhomes neighboring Trout Lake. Enjoy this 3 bedroom, 3 bath home with custom gourmet kitchen, floor to ceiling windows, hardwood floors, radiant heating and a private, spacious rooftop deck. 2 parking spaces plus bike storage. This is a lifestyle community.Offering strolling, cycling, running shopping, dining and even ice skating. If you have dreamed of lake living in the heart of the city - this is the place for you!! Strata Plan states 1290 square feet.
Read Full Story
I have sold a property at 404 27 Alexander ST in Vancouver.
Everything you have been waiting for in a Gastown Loft. The Alexander building, one of the most sought after loft buildings in Vancouver, was converted in 1997 and is truely a rare find. The South facing floor to ceiling windows over looking trendy Alexander St., bring in all of the light that you need and your gas fireplace will warm you up in the winter. Exposed brick, hardwood floors, sit up bar, gas cook-top, gas fireplace, seperated bedroom, in-suite laundry, storage locker, and bike room. Not to mention the views from the common roof top patio - mountains, city and ocean! Don't miss this one! FIRST PUBLIC SHOWING at Open House Saturday October 31 2-4pm and November 1 2-4pm.
Read Full Story
I have sold a property at 31 3400 Devonshire AVE in Coquitlam.
Colborne Lane by Polygon, a collection of stately homes in Coquitlam's picturesque Smiling Creek neighbourhood on Burke Mountain. Surrounded by unparalleled natural beauty, this limited collection of 95 spacious street-oriented duplex-style homes. These Arts & Crafts-inspired residences will feature unique detailing perfect for the growing family or active downsizer, the homes at Colborne Lane will boast the safety and security of life in a quiet, residential neighourhood - all just moments from the existing and future amenities of The Foothills community.
Read Full Story
Categories: 1/2 duplex | 1155 Homer | 1829 W. 13th | 2015 | 2016 Real Estate | 3 bedroom | 550 Beatty | 999 Seymour | Agency | Airbnb | Alexander | Anmore, Port Moody Real Estate | Assessment | August 2014 | bachelor | Bolivar Heights, North Surrey Real Estate | Bosa | Brentwood Park, Burnaby North Real Estate | Burke Mountain, Coquitlam Real Estate | Burnaby | Buyer agent | Cambie, Vancouver West Real Estate | Central Lonsdale, North Vancouver Real Estate | Champlain Heights, Vancouver East Real Estate | cmhc | Collingwood VE, Vancouver East Real Estate | December Stats | Downtown NW, New Westminster Real Estate | Downtown SQ, Squamish Real Estate | Downtown VE, Vancouver East Real Estate | Downtown VW, Vancouver East Real Estate | Downtown VW, Vancouver West Real Estate | East Newton, Surrey Real Estate | east vancouver | Fairview VW, Vancouver West Real Estate | False Creek | False Creek, Vancouver West Real Estate | First Time Buyers | Flip | Fraser VE, Vancouver East Real Estate | Gastown | Grandview VE, Vancouver East Real Estate | Guildford, North Surrey Real Estate | Hamilton, North Vancouver Real Estate | Hastings, Vancouver East Real Estate | Highgate, Burnaby South Real Estate | Home of the Week | Home Value | Housing Newsletter | invest | Investment | Investor | Jervis | July New Construction Stats | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | Koret | Langford, Victoria Real Estate | Langley City, Langley Real Estate | legal suite | Loft | Luxury | Main, Vancouver East Real Estate | Market Update | May Stats | metropolis | Modern | Mortgage | mortgage helper | Mount Pleasant VE, Vancouver East Real Estate | Mount Pleasant VW, Vancouver West Real Estate | Non conforming strata | North Vancouver Real Estate | November | November 2014 Market Update | October Stats | Olympic Village | Open House | Point Grey, Vancouver West Real Estate | Port Coquitlam Real Estate | Port Moody Centre, Port Moody Real Estate | price | Property Tax | Proximity | Quilchena, Vancouver West Real Estate | Renfrew Heights, Vancouver East Real Estate | Renfrew VE, Vancouver East Real Estate | rental | Sapperton, New Westminster Real Estate | Scottsdale, N. Delta Real Estate | September Stats | Short term rentals | Simon Fraser Univer., Burnaby North Real Estate | SOLO DISTRICT | South Granville, Vancouver West Real Estate | Stats | studio | Sullivan Station, Surrey Real Estate | The Heights NW, New Westminster Real Estate | The Spot | Townhouse | Townline | University VW, Vancouver West Real Estate | Uptown NW, New Westminster Real Estate | Vancouver | Vancouver Real Estate | Vancouver Zoning | Victoria VE, Vancouver East Real Estate | VRBO | West End | West End VW, Vancouver West Real Estate | Westend | Whistler | Willoughby Heights, Langley Real Estate | Wohlsein | Yaletown | Yaletown, Vancouver West Real Estate